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MarketScreener Homepage  >  Equities  >  Xetra  >  SAP    SAP   DE0007164600

SAP (SAP)
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SAP : Boosts Its Cloud Ecosystem with SAP S/4HANA® Cloud SDK

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10/05/2017 | 05:32pm CEST

By a News Reporter-Staff News Editor at Computer Weekly News -- SAP SE (NYSE: SAP) announced general availability of SAP S/4HANA® Cloud SDK running on SAP® Cloud Platform. The software development kit provides a simple end-to-end development experience that enables SAP customers, partners and independent software vendors (ISVs) to develop custom applications easily, extending the capabilities of SAP S/4HANA Cloud. Partners and ISVs will be able to offer new cloud solutions and capabilities to their customers and address specific vertical markets, opening a wealth of new business opportunities. The announcement was made at the SAP TechEd conference being held Sept. 25-29 in Las Vegas.

SAP S/4HANA Cloud SDK empowers developers to create custom applications and extensions for SAP S/4HANA on SAP Cloud Platform using code samples and best-practice content. By offering seamless use of the data model and rich set of APIs provided by SAP S/4HANA, the SDK ensures rapid builds and ready-to-run applications in SAP S/4HANA Cloud. Tools test that custom applications will work with future releases of SAP S/4HANA.

"Organizations today are facing challenges to keep up with the pace of change, while maintaining core business processes and adhering to industry regulations," said Christian Pedersen, chief product officer, SAP S/4HANA Cloud, SAP. "With SAP S/4HANA Cloud SDK running on SAP Cloud Platform, developers have the tools to create and test high-quality custom solutions that foster innovation. This gives customers, partners and ISVs the opportunity to take an active role in the cloud economy and benefit from the new business that this will inevitably usher in."

One existing application built with SAP S/4HANA Cloud SDK is the SAP RealSpend solution, which enables line managers to manage spending in real time. Another extension to SAP S/4HANA Cloud that is already available helps to match invoices automatically, reducing the time spent on this task by up to 50%.

"SAP S/4HANA Cloud SDK empowered us to create an industry reinsurance software-as-a-service offering that we can quickly bring to market," said Andreas Weiss, head of business development, msg systems ag. "Our ability to tap the open data model of SAP S/4HANA Cloud on SAP Cloud Platform combined with the hands-on support and expertise of the SAP team has allowed us to create our solution seamlessly to provide a superior, timely offering for customers."

The SAP Ecosystem Enables Success in the Cloud Economy

In building the SDK, SAP worked closely with more than a dozen partners to get real-time feedback. As a result, it developed a solution that allows developers to use intelligent enterprise resource planning (ERP) software from SAP to create custom applications and monetize them through SAP App Center. Beyond the technical features of the SDK, developers can connect, collaborate and co-innovate as part of the growing SAP ecosystem. This collaborative environment, supported by the experience and knowledge of SAP, helps organizations address the unique needs of their enterprise, and ultimately gain a competitive advantage in the cloud economy.

For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.

Keywords for this news article include: SAP Se, Software.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

(c) 2017 NewsRx LLC, source Technology Newsletters

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Financials (€)
Sales 2018 24 633 M
EBIT 2018 6 887 M
Net income 2018 4 423 M
Debt 2018 1 679 M
Yield 2018 1,42%
P/E ratio 2018 27,64
P/E ratio 2019 24,33
EV / Sales 2018 5,14x
EV / Sales 2019 4,62x
Capitalization 125 B
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Number of Analysts 35
Average target price 108 €
Spread / Average Target 6,7%
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Managers
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William R. McDermott Chief Executive Officer
Hasso Plattner Chairman-Supervisory Board
Christian Klein Chief Operating Officer
Luka Mucic Chief Financial Officer
Bjoern Goerke Chief Technology Officer
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