SAN FRANCISCO and WALLDORF — SAP SE (NYSE: SAP) and GE Digital (NYSE: GE) today announced their intention to explore collaboration in the area of the Industrial Internet of Things (IoT).
GE and SAP to explore opportunities to leverage technologies and expertise
The companies intend to collaborate on cloud-to-cloud interoperability
Collaboration also to focus on SAP Asset Intelligence Network
Initial focus of collaboration on joint customers within the oil and gas industry
Reinforced commitment to standards and reference architectures
The announcement is driven by the fundamental shared belief in the power of the Industrial IoT, and the ability for joint customers to drive further efficiency, savings and utilization from their investments into assets. The announcement was made at GE’s Mind + Machines conference being held November 15 and 16, 2016, in San Francisco.
Building on the respective strengths of GE Digital and SAP, the companies plan to focus their initial efforts on opportunities to strengthen the integration between GE’s Predix operating system and SAP HANA Cloud Platform. Additionally, the companies intend to collaborate in the area of asset management, including SAP Asset Intelligence Network, and to explore and design use cases to enable the “Things to Outcomes” vision for customers in the oil and gas industry.
“Enabling the owners, operators and makers of their equipment to share data and context is an essential building block towards the enablement of end-to-end processes and our ‘Things to Outcome’ vision’,” said Dr. Tanja Rueckert, executive vice president, Digital Assets & IoT, at SAP.
Customers in the oil and gas industry will be the first beneficiaries between the two companies.
“The cross-collaboration between GE and SAP will allow us to create opportunities for the Industrial IoT ecosystem,” said Denzil Samuels, global head of Channels & Alliances at GE Digital. “The partnership is an ongoing effort to expand joint go-to-market capabilities and accelerate innovation in rapidly growing markets for cloud platforms.”
SAP and GE are both leading members of the Industrial Internet Consortium (IIC). This international network of companies and universities is driving the implementation of the Industrial IoT in several areas, including manufacturing. Both companies plan to reinforce their ongoing activities and uncover ways to work together on industry-leading standards to accelerate interoperability and convergence between IT and operational technology (OT).
About GE Digital
GE Digital connects streams of machine data to powerful analytics, providing industrial companies with valuable insights to manage assets and operations more efficiently. World-class talent and software capabilities drive big gains in productivity, availability and longevity. For more information, visit the Web site at www.ge.com/digital.
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 335,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit www.sap.com/photos. On this platform, you can find high-resolution material for your media channels. To view video stories on diverse topics, visit www.sap-tv.com. From this site, you can embed videos into your own Web pages, share video via e-mail links, and subscribe to RSS feeds from SAP TV.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)
For more information, press only:
Jim Dever, +1 610 661 2161, email@example.com, ET
Jason Loesche, +1 484 437 0015, firstname.lastname@example.org, ET
Hilmar Schepp, +49 6227 7-46799, email@example.com, CET
SAP News Center press room; firstname.lastname@example.org
Amy Sarosiek, email@example.com
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2016 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.