DAVOS: Europe Needs a Digital Union, SAP Chief Says -- Market Talk

Dow Jones
Jan 22

0904 GMT - Europe is missing a digital union, SAP's Chief Executive Christian Klein tells CNBC at the World Economic Forum in Davos, Switzerland. "In a world where AI is moving so fast, you need speed and you need a digital union to gain that speed," the head of the German business-software group says. While the big tech companies can cope, the smaller companies, especially in Europe, are really going to struggle, Klein says. Europe must work a lot harder to give them protection while they are in a very embryonic state, he adds. One tech company alone can't solve the problem of the adoption of AI, Klein says. "It's all about working together also in the tech space to really sort out the challenges of our customers." (nina.kienle@wsj.com)

 

(END) Dow Jones Newswires

January 22, 2026 04:04 ET (09:04 GMT)

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