How do global regulations like GDPR and IFRS16 fuel innovation in Cloud ERP?

People often ask me why SAP invests so much into achieving and maintaining compliance with the ever changing regulations. The first answer is obviously that global compliance is one of the key reason why so many companies around the globe invest into SAP software.

The secret reason is that those regulations also fuel innovation. Let me give you two examples in the video below:

Here you find a demo on how to use information lifecycle for better and data privacy compliant prediction of project expense write-off:

Here you find a quick demo on the information lifecycle for machine learning: