Why SAP matters
SAP's Q2 2026 cloud revenue rose 24% to 6.3 billion euros, with current cloud backlog up 26% to nearly 23 billion euros, reported in July 2026. AI and SAP Business Data Cloud appeared in more than 90% of its 50 largest deals that quarter. SAP plans Q3 2026 launches of its Business AI Platform and Joule Work interface and expects more than 400 autonomous agents available by year-end 2026.
The numberAI featured in more than 90% of SAP's 50 largest deals in Q2 2026; 400+ agents planned by end of 2026
On The Agentic 80
Listed under Enterprise agent platforms. Agents inside the systems companies already run.
On The All Things AI 100
Listed under Enterprise software. The systems of record adding AI to what companies already run.
Quick answers
- What does SAP do?
- The largest ERP vendor; its Joule assistant and agents run inside finance, supply chain and HR apps. SAP's Q2 2026 cloud revenue rose 24% to 6.3 billion euros, with current cloud backlog up 26% to nearly 23 billion euros, reported in July 2026.
- What AI capabilities does SAP offer?
- SAP offers Joule, an AI assistant embedded in finance, supply chain, human resources, and procurement applications, plus Joule Agents that complete multi-step business tasks. SAP Business AI adds document processing, forecasting, and process recommendations inside S/4HANA, SuccessFactors, Ariba, and related cloud apps. SAP Datasphere and SAP HANA Cloud supply governed data for those models. Customers can also call partner models through the generative AI hub in SAP BTP.
- Why is SAP on The Agentic 80?
- SAP is listed under Enterprise agent platforms. Agents inside the systems companies already run. AI featured in more than 90% of SAP's 50 largest deals in Q2 2026; 400+ agents planned by end of 2026.
- Why is SAP on The All Things AI 100?
- SAP is listed under Enterprise software. The systems of record adding AI to what companies already run. AI featured in more than 90% of SAP's 50 largest deals in Q2 2026; 400+ agents planned by end of 2026.
- Where is SAP based, and who owns it?
- SAP is based in Walldorf, Germany, was founded in 1972 and is public (NYSE: SAP; XETRA: SAP).