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MarketScreener Homepage  >  Equities  >  Xetra  >  SAP SE    SAP   DE0007164600


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SAP : Enhancement of Innovation Service Package for Industry 4.Now Accelerates Manufacturing and Business Transformations

11/27/2020 | 09:12am EST

SAP SE (NYSE: SAP) today announced the addition of advisory and implementation services to the innovation service package for Industry 4.Now.

These services accompany Industry 4.Now, SAP's strategic initiative for realizing and achieving Industry 4.0 intelligent enterprise processes.

The innovation service package for Industry 4.Now and the advisory and implementation services included are designed to help customers transform their manufacturing business and full product experience. They support customers in horizontal and vertical process integration, such as product design, customer-specific order processing and integration of shop floor monitoring as well as business networks.

Using the four core themes of intelligent factory, intelligent asset, intelligent product and empowered people, Industry 4.Now can help a company to achieve manufacturing excellence and its overarching business objectives.

The services provide customers a tailored transformation journey to help them adopt Industry 4.0 scenarios by identifying and prioritizing the right use cases as well as resources to reduce costs.

'With Industry 4.0 being such a broad concept, the situation looks different for every customer and requires an individualized approach, which is why these added advisory and implementation services are so important,' said Shane Paladin, president, Services, SAP. 'With our innovative, outcome-based services, customers gain a clear, actionable road map to design, plan and execute their specific transformation goals.'

Starting with a free Industry 4.0 maturity assessment and gap analysis to determine the opportunities for improvement, the advisory services provide personalized, comprehensive support for customers' individual Industry 4.0 journeys. This enables customers to effectively:

Explore and evaluate new business scenarios and define a strategic business vision

Identify weaknesses and ways to improve current business scenarios

Update current business processes and IT landscapes to develop a transformation road map

Enable innovative business processes, accelerate implementation and acquire expert guidance to safeguard project success

Additionally, based on lessons learned from the advisory services, various implementation services for the Industry 4.Now strategy are available and tailored to each customer's specific business needs. Within the implementation services there is an emphasis on essential processes, integration, technology adoption and scalability. This provides key business outcomes through real-time insights to drive critical decision-making, improved reliability and automated processes.

For more information on Industry 4.Now and the accompanying service package, please visit the Industry 4.0 solutions area of sap.com.

Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.

Media Contact:

Martin Gwisdalla, SAP, +49 (6227) 7-67275, martin.gwisdalla@sap.com, CET

SAP Press Room; press@sap.com

Jennifer Kohanim, FleishmanHillard, +1 (617) 692-0535, jennifer.kohanim@fleishman.com, ET

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.

2020 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 https://www.sap.com/copyright for additional trademark information and notices.

(C) 2020 Electronic News Publishing, source ENP Newswire

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