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SAP's Trading Volume Surges 52.51% to 3.84 Billion, Ranks 244th in Daily Rankings
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 3, 2025 7:46 pm ET1min read
On June 3, 2025, SAP's trading volume reached 3.84 billion, marking a 52.51% increase from the previous day. This surge placed
at the 244th position in the day's trading volume rankings. SAP's stock price rose by 0.57%, marking its third consecutive day of gains, with a total increase of 3.19% over the past three days.SAP and
have expanded their strategic partnership to bring AI-powered enterprise solutions to China and global markets. This collaboration aims to accelerate digital transformation for enterprises by integrating SAP’s enterprise software with Alibaba Cloud’s AI capabilities and cloud infrastructure. The partnership positions Alibaba Cloud within SAP’s Infrastructure as a Service (IaaS) Certification Program, enabling full support for SAP enterprise cloud solutions on Alibaba’s platform.As part of the agreement, Alibaba Group will adopt SAP Cloud ERP Private to enhance its own enterprise systems. Enterprises in China will gain streamlined access to SAP’s Integrated Business Planning (IBP) solutions, as well as SAP’s RISE and GROW programs. The expansion into Southeast Asia, the Middle East, and Africa is already on the roadmap, targeting a broader rollout of SAP solutions running on Alibaba Cloud infrastructure.
The companies are also aligning on a joint go-to-market strategy to provide scalable, industry-specific solutions tailored to local business needs. Alibaba plans to deploy a full suite of SAP technologies across its operations, including SAP Business AI, SAP Business Technology Platform, SAP Ariba, SAP SuccessFactors, SAP Concur, and SAP Emarsys, to strengthen its digital backbone and enhance operational resilience.
A significant component of the collaboration is focused on enterprise AI integration. SAP is exploring the incorporation of Alibaba’s large language model, Qwen, into the SAP generative AI hub via SAP AI Core in China. This would give enterprise users access to localized generative AI within SAP applications. Additionally, SAP is considering deploying its AI Foundation on Alibaba Cloud to further scale AI tools for Chinese customers.
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