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SAP invests $50 billion in latest innovations

May 17, 2017 12:43 am by: Category: Africa & World, BUSINESS, cloud, Featured, Governance, Hardware, Investing, IT Security, NEWS, Software, Technology Leave a comment A+ / A-
Waiving hand is SAP global CEO, Bill McDermott immediately after opening the SAP SAPPHIRE NOw 2017 in Orlando, Florida, USA. Photo by Savious-Parker Kwinika, CAJ News

Waiving hand is SAP global CEO, Bill McDermott immediately after opening the SAP SAPPHIRE NOw 2017 in Orlando, Florida, USA. Photo by Savious-Parker Kwinika, CAJ News

ORLANDO, FLORIDA – SYSTEMS Applications Products (SAP), the global software market leader, has invested more than US$50 billion in new solutions and innovations to enable businesses enhance their operations.

SAP global Chief Executive Officer, Bill McDermott, disclosed the investment on Tuesday in Orlando in the Florida State of the United States of America during the officially opening of the company’s annual global summit.

He was the key speaker at the SAPPHIRE NOW + ASUG 2017.

McDermott said the technology innovations SAP had invested in would change ways companies were doing business across the entire world.

The technology is applicable to established and small-to-medium enterprises.

“We have outpaced our performance! It’s not easy but because it is what you (customers) want,” he said.

Among the offering he mentioned are the SAP S4HANA, Hybris and Leornado, which he said had put the Germany-headquartered ahead of competitors.

“Starting digital economy is a journey, so, let us take steps. Our rivals are still trapped in the 1990s mentality. We have what they don’t have. Digital revolution can’t wait for anybody,” said McDermott.

He added, “SAP will give you the tools to win, the tools for the digital revolution enterprise.”

The executive said SAP’s strength was centred upon partnerships with both large and small companies to help businesses of such sized run better in real time.

Speaking at the same ceremony, SAP Member of the Executive Board for Products and Innovation, Bernd Leukert, said companies should adopt cloud computing to successfully innovate.

Leukert cited three of the world’s top companies comprising Google, Facebook and Intel, were now using SAP solutions to keep ahead of their competitors.

“In a very short space of time, 80 percent of global companies of all businesses will soon be on the cloud. If you want to survive, run to the cloud,” said Leukert.

He recommended S4HANA and SAP Leornado.

Google Head of Cloud Businesses, Diane Greene, confirmed her company’s search engines on Google were running SAP solutions.

“The real game changing is when SAP enables Google cloud run better and efficiently,” Greene said.

Intel Group President for Products, Diane Bryant, said SAP solutions, improved the company’s performance tremendously.

“Intel is set to increase performance 60 percent with SAP HANA In-Memory. HANA brings in-memory analytics in real time,” Bryant said.

More than 30 000 global technology experts have converged at the event in the United States, which ends on Thursday.

– CAJ News

SAP invests $50 billion in latest innovations Reviewed by on . [caption id="attachment_6273" align="alignleft" width="300"] Waiving hand is SAP global CEO, Bill McDermott immediately after opening the SAP SAPPHIRE NOw 2017 [caption id="attachment_6273" align="alignleft" width="300"] Waiving hand is SAP global CEO, Bill McDermott immediately after opening the SAP SAPPHIRE NOw 2017 Rating: 0

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