Verizon (NYSE: VZ) and SAP SE (NYSE: SAP) today announced a
collaboration that will enable applications to process data where
it is generated – from an assembly line to a retail store shelf,
helping businesses save time and increase productivity. The
companies are partnering to create enterprise solutions that use
Verizon’s network and platform capabilities integrated with SAP’s
software and services, particularly the SAP® Leonardo Internet of
Things (IoT) solution, SAP Edge Services and analytics, computing
and data management capabilities. This announcement was made at
Mobile World Congress Americas, being held in LA October 22-24.
With the new partnership, SAP’s customers are poised to benefit
from Verizon’s new technologies, such as 5G, software defined
networking (SDN) and its Intelligent Edge Network capabilities, to
accelerate their digital transformation and unlock the power of the
Intelligent Enterprise.
Verizon and SAP Uniquely Positioned to Unlock Business
Models, Monetization Strategies
“We are unleashing the next generation of cloud capabilities
through global data centers, across the edge of the network,” said
Eric Stine, Chief Customer Innovation Officer, SAP North America.
“With data volumes growing exponentially and the capabilities of
new wireless technologies like 5G to further expand the reach of
IoT and enterprise computing, SAP and Verizon are uniquely
positioned to drive a new class of data analytics, management and
services at scale to help the world’s great companies create
amazing customer experiences, and unlock new business models and
monetization strategies.”
“Our ability to integrate our ThingSpace platform into the SAP
Cloud portfolio provides a secure and agile way to deliver
instantaneous, end-to-end operational analytics at the edge while
lowering the cost of IoT management,” said George Fischer,
president, Global Enterprise, Verizon Business Group. “This
combined solution is not just about massive IoT. We are also
enabling computer vision, augmented reality, blockchain and machine
learning using Verizon’s network. These are a truly comprehensive
set of capabilities to help our customers better manage critical
functions including asset lifecycles, supply chains, customer
experiences, human capital and plant operations.”
Accelerating Enterprise Customers’ Digital
Transformations
To help organizations and developers accelerate their digital
transformation, companies are highlighting how SAP Edge Services
coupled with Verizon’s 5G network can drive business outcomes in
real-time. At Mobile World Congress Americas this week, a
demonstration at Verizon’s booth shows how this joint solution
provides the ability to leverage edge computing. It demonstrates
the condition of assets within a warehouse or factory and executes
critical business processes locally while providing visibility
across the supply chain.
Environmental conditions such as location, temperature, humidity
and vibration are processed and analyzed at the edge by Verizon’s
ThingSpace-enabled Critical Asset Sensor (CAS) and SAP Edge
Services, generating real-time insights. Together with SAP Leonardo
IoT, this enables aggregate time series analysis contextualized
with master data, geo-location and condition-based monitoring for
outbound logistics business processes. These insights trigger two
outcomes: the SAP Field Service Management solution generates an
automatic service call, driving recommendations for the right
technician to service mal-functioning assets, and the SAP Global
Track and Trace solution which enables the fulfillment of goods
from the warehouse to the end customer, dramatically streamlining
business processes. Additionally, Verizon’s ThingSpace platform
provides developers with the tools to build and deploy connectivity
and manage data capture for CAS and hundreds of other certified IoT
devices for the enterprise.
The Verizon and SAP partnership stems from a solid foundation
built over several years. Verizon has several company-wide
transformations underway, and is a great resource for enterprises
of all sizes to help with their digital transformations to better
serve their customers. Verizon’s goal is simplification and
unification as it looks to consolidate more than eight ERP systems
across business units and geographies. Verizon selected the SAP
S/4HANA® Finance solution and SAP S/4HANA® for central finance
foundation as its foundational platform, as well as SAP Cloud
Platform, SAP Digital Boardroom and SAP HANA® Enterprise Cloud.
SAP Chooses Verizon’s global network
SAP has chosen Verizon to build its next-generation global
network, consolidating and streamlining SAP’s global network
infrastructure for easier and more cost-effective network
management, improved internal connectivity and collaboration, a
secure stable platform to support customer-facing applications, and
a better experience for employees and customers around the world.
Verizon was chosen due to the company’s global reach, its
expansive, secure and high capacity global network capabilities,
and its technical expertise.
About VerizonVerizon
Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York
City, generated revenues of $130.9 billion in 2018. The company
operates the network more people rely on and the nation’s premier
all-fiber network, and delivers integrated solutions to businesses
worldwide. With brands like Yahoo, TechCrunch and HuffPost, the
company’s media group helps consumers stay informed and
entertained, communicate and transact, while creating new ways for
advertisers and partners to connect. Verizon’s corporate
responsibility prioritizes the environmental, social and governance
issues most relevant to its business and impact to
society.VERIZON’S ONLINE MEDIA CENTER: News releases, stories,
media contacts and other resources are available at
www.verizon.com/about/news/. News releases are also available
through an RSS feed. To subscribe, visit
www.verizon.com/about/rss-feeds/.
About SAPAs the Experience Company powered by
the Intelligent Enterprise, SAP is the market leader in enterprise
application software, helping 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 more than 437,000 business and
public customers 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.
Visit the SAP News Center. Follow SAP on Twitter at @sapnews.
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Media contacts:Verizon: Howie
Waterman917-359-5505howard.waterman@verizon.comhttps://twitter.com/H20_hwaterman
SAP: Jackie
Montesinos786-325-0568Jackie.montesinos.suarez@sap.comSAP News
Center press room; press@sap.com
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