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SAP and Partners Expand Industry Cloud Portfolio to Retail, Professional Services and IM&C

WALLDORF SAP SE (NYSE: SAP) today announced the expansion of its industry cloud solutions portfolio to serve the needs of three new industries: retail, professional services, and industrial machinery and components (IM&C).

SAP’s industry cloud portfolio delivers specialized applications designed to address specific industry needs.

Built by SAP and partners on an open platform as a service, these solutions help customers to rapidly adopt innovations as part of their IT landscape.

“The speed at which companies have to operate today calls for technology-enabled agility,” said Peter Maier, president, Industries and Customer Advisory, SAP. “Innovative companies successfully strike the balance between optimizing their current business operations and innovating at the ‘vertical edge’ to discover and develop new revenue streams. Our industry cloud portfolio delivers solutions to help drive business transformation profitably and sustainably, enabling our customers to adapt to changing business environments in their industries.”

Continuing to Grow an Ecosystem for Innovation

Industry cloud solutions are built and run on the open SAP Cloud Platform. They use intelligent technologies such as artificial intelligence and advanced analytics to create compelling user experiences and to digitalize and automate operations. SAP and partners focus on solutions for the core business of our customers in their industries to help optimize end-to-end processes and to enable the development of new and differentiating business models. The three new industry cloud offerings address each industry’s unique challenges, such as:

“SAP’s industry cloud provides a way to deliver industry-specific extensions that complement its intelligent enterprise strategy. With a robust ecosystem of partners that can deliver innovative applications with SAP, this endeavor can help customers be successful in growing markets,” said Leslie Hand, GVP, IDC Retail and Financial Insights.

Partnering for Success

SAP partners are a vital component of the industry cloud initiative. With open APIs, process and data models, as well as a wealth of cloud native technologies to innovate at the vertical edge, SAP’s industry cloud is attracting partners who are looking to accelerate solution innovation and development. SAP and partners are jointly creating “next business practices” for enterprises and business networks that will help accelerate the pace at which customers can address shifting business demands. Read what SAP partners have to say here and access the partner solutions in SAP App Center.

Customer Success

SAP customers are embracing the industry cloud solutions and using these offerings to accelerate their business transformation. Whether their end-user is a consumer, an employee or another business, companies are using technology to deliver experiences that are increasingly user-oriented as digital interactions gain dominance in personal and business lives. The industry cloud solutions allow businesses to help digitally transform and deliver a better experience to the user. Read what SAP customers have to say here.

Learn More

Read “SAP’s Industry Cloud: The Next Wave” by Peter Maier. Visit the SAP News Center. Follow SAP on Twitter at @SAPIndustries and @SAPNews.

About SAP

SAP’s strategy is to help every business run as an intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.

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