Stock Ticker

  • Loading stock data...

SAP SE (ADR) (NYSE:SAP) Partners With Intel Corporation (NASDAQ:INTC) And Siemens AG (ADR) (OTCMKTS:SIEGY) To Provide Wings To Its IoT Portfolio

SAP SE (ADR) (NYSE:SAP) has launched the HANA Cloud Platform (HCP) to diversify into the Internet of Things (IoT). Executive board member of SAP, Bernd Leukert, highlighted the use of the newly launched HCP in connected cars, logistics, smart cities and vending systems. Companies can easily connect to devices related to their work and the HCP would be available to private cloud of a business to make it easy for the businesses. This product will be a new breakthrough in the world of digital technology.

SAP HANA To Benefit Businesses

SAP HANA will help the businesses to save time on the IT part and focus on their business, while HANA will take over all the challenges in the IT domain.

SAP HANA Cloud Platform is the in-memory (PaaS) service for businesses that can develop confidence in powering the next-generation mobile-ready business applications. The company also announced the SAP HANA Cloud Platform mobile services.  This platform-as-a-service (PaaS) offering the users a better experience while connecting to other users through the app.

The SAP Fiori user experience (UX) will also be enhanced as similar apps are being built by the company for meeting all business needs.

SAP To Help Customer Build Better Network

SAP has plans to support the economical and rapid growth, use and operation through this platform. To facilitate its customers to use the applications at the edge of their business, a free and unlimited access to SAP SQL Anywhere Suite would be provided. This will help customers to use the HANA Cloud Platform for IoT.

An alliance with Siemens AG (ADR) (OTCMKTS:SIEGY) and Intel Corporation (NASDAQ:INTC) is also on the cards for SAP. Intel is going provide SAP cloud its IoT Gateway as the first step of the deal and this integration will benefit the Cloud Industry and the businesses using the same. On the other hand, Siemens would use HCP of building its own industry cloud. SAP’s IoT interest also made it collaborate with Jasper to integrate with HCP.

The collaboration between SAP and Siemens will help the latter to help customers benefit from the IoT to increase production and their services.

Published by Pamela Garcia

Pamela Garcia is a keen follower of U.S. stock market

Recent Stories

SignUp Now For Our Featured Newsletter