SAP agrees to acquire Belgian AI workforce startup TechWolf

Image for article SAP agrees to acquire Belgian AI workforce startup TechWolf
News Source : The Next Web

News Summary

  • TechWolf builds a continuously updated model of a company’s workforce from the HR and business systems it already uses.
  • The model covers three levels: the tasks within each job, the skills staff hold and apply, and the external labour market.
  • Customers include HSBC, GSK, Ericsson, AMD, PayPal and Booking.com.
  • SAP plans to make the technology a central part of SuccessFactors, its HR software, and of Joule, its AI assistant.
  • The acquisition is expected to close in the fourth quarter of 2026, subject to regulatory approval.
SAP has agreed to buy TechWolf, a Belgian company whose AI maps the skills and daily work of a firms employees. The two companies announced the deal today but did not disclose its terms.

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