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AI ERP Innovation for Financial Executives to Disrupt Legacy Software with Franz Faerber
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In this episode of Future Finance, Hosts Glenn Hopper and Paul Barnhurst sit down with Franz Faerber, Co-founder and CTO of Everest Systems, and one of the key minds behind SAP HANA. Franz shares his remarkable journey from leading SAP’s real-time database revolution to building Everest, a next-generation ERP platform designed from the ground up to embrace AI and modern business needs.
Franz Faerber is the Co-founder and CTO of Everest Systems, a next-gen AI-native ERP company. Before Everest, Franz spent over 26 years at SAP, where he served as Executive VP of Technology and was the original architect behind SAP HANA, one of the most advanced in-memory databases in the world. His work helped transform data processing and analytics for thousands of global enterprises. Now, at Everest, he is on a mission to revolutionize ERP from the ground up, embracing AI and agile development to tackle the inefficiencies of traditional systems.
In this episode, you will discover:
- Why the ERP space is finally ready for disruption, and how Everest is leading that charge.
- How Everest built a fully functional inventory management system in just four months without writing a single line of code.
- The role of AI in accelerating ERP development, reducing costs, and enabling mass personalization.
- Why Franz believes the future of ERP lies in integration, automation, and adaptability.
Franz Faerber’s insights offer a compelling vision for the future of ERP, one where AI, speed, and simplicity are no longer optional but essential. His journey from SAP HANA to Everest showcases what’s possible when innovation meets experience.
Follow Franz:
LinkedIn - https://www.linkedin.com/in/franz-faerber/
Company - https://everest-systems.com
Join hosts Glenn and Paul as they unravel the complexities of AI in finance:
Follow Glenn:
LinkedIn: https://www.linkedin.com/in/gbhopperiii
Follow Paul:
LinkedIn - https://www.linkedin.com/in/thefpandaguy
Follow QFlow.AI:
Website - https://bit.ly/4i1Ekjg
Future Finance is sponsored by QFlow.ai, the strategic finance platform solving the toughest part of planning and analysis: B2B revenue. Align sales, marketing, and finance, speed up decision-making, and lock in accountability with QFlow.ai.
Stay tuned for a deeper understanding of how AI is shaping the future of finance and what it means for businesses and individuals alike.
In Today’s Episode:
[02:18] - Meet Franz Faerber
[03:53] - The SAP HANA Revolution
[09:00] - Leaving SAP for Everest
[10:39] - Why Build a New ERP?
[18:36] - Dev & Release Cycles at Everest
[21:20] - What Sets Everest Apart
[25:48] - Leadership & Vision
[29:32] - Chess, Books & Strategy
[33:20] - Final Thoughts
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