""We're an AI platform for SAP that accelerates the work that companies are doing on SAP across really the full life cycle, from design to development to testing," co-founder and CEO Emma Qian told Fortune."
""We've met companies that are budgeting over a billion dollars just for this migration," Qian said, highlighting the significant financial commitment businesses are making to transition to S/4HANA."
"For Chemistry cofounder Kristina Shen, who led the round, the 2030 migration deadline is only a wedge. "The daily maintenance, development...""
SAP systems are integral to 77% of global transactions, yet much of the underlying code is outdated and proprietary. Nova Intelligence, a startup, has raised $31.5 million to develop an AI platform that modernizes SAP code for Fortune 500 companies. With a migration deadline set for 2030, the market for S/4HANA implementation and support is projected to exceed $89 billion. Nova's team includes experts from Google DeepMind and SAP, aiming to streamline SAP processes across design, development, and testing.
Read at Fortune
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