International Business Machines (IBM) and SAP announced an expanded partnership. The partnership aims to help businesses modernize operations and adopt artificial intelligence.
The collaboration will develop new generative AI capabilities and industry-specific solutions for RISE with SAP. It will leverage IBM's Watsonx AI and data platform.
This joint go-to-market strategy involves IBM providing implementation services and AI tools for SAP's customer base.
The partnership is expected to be marginally positive for IBM's consulting and software booking pipeline. It is not anticipated to materially impact near-term revenue for either company.