Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. SAP SE
  6. News
  7. Summary
    SAP   DE0007164600

SAP SE

(SAP)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

The Electrification of Mobility: Challenges and Opportunities for Travel and Transportation Operators

04/09/2021 | 08:18am EDT

Electrification is not a new concept for the travel and transportation industry; railways have been electrifying infrastructures for decades, and urban transit companies have been operating light rail or commuter rail services for over a century.

Unfortunately, there is still a significant fleet of carbon-based locomotives and an entire fleet of trucks, buses, and utility vehicles utilizing carbon-based fuel and contributing to climate change across the globe. Meanwhile, in an adjacent industry, automotive manufacturers have almost unanimously promised to go electric in the coming years.

Where does that leave travel and transportation operators?

SAP recently hosted an industry forum about the electrification of mobility with leading mobility operators and industry value chain actors. Featured speakers included:

  • Bruno Flinois, chief executive Officer of Clem
  • Neele Marie Hinck, sales manager of EWE GO GMBH
  • Erwin Guizouarn, chief executive officer of Evolution Energy
  • Joerg Ferchow, chief solution expert at SAP
  • Ulrich Scholl, global vice president New Mobility of SAP

Based upon the virtual event, we have compiled key takeaways and experiences on the use of the end-to-end energy ecosystem, as well as how leading practitioners are using technology to achieve strategic goals in the journey to fleet electrifiction.

The Evolving Value Chain of the Energy Ecosystem

The way corporations and citizens perceive the energy ecosystem is changing. More than ever, corporations like SAP are aiming to achieve carbon-neutrality, with electrified mobility playing a strong role to support these efforts. Neele Marie Hinck shares that in partnership with EWE GO GMBH, SAP has built more than 500 charging stations in Germany to support its corporate fleet of hybrid or electric vehicles. This trend will only continue as other forward-thinking companies aspire to reduce greenhouse gas emissions on the journey to carbon neutrality.

Outside of SAP, Clem Founder and CEO Bruno Flinois provides a global perspective about the ambitions of local authorities and large cities to de-carbonize their fleets. Clem is responsible for developing clean mobility to support public transport, offering subscription services and consultation of electric car-sharing and smart charging practices. The company started in 2010 by supporting one city with three charging stations, up to its current 600 charging points and 400 electric vehicles in more than 200 cities.

During a live event poll, 50% of the respondents said their organizations are early adopters of e-mobility with a single-digit of e-fleets, while the remaining responders did not yet have any operationalized e-fleets.

Tremendous growth in e-mobility offerings and adoption from both the public and private sector over the last decade demonstrates a promising future for the environment and the travel and transportation industry.

'New Downstream' Considerations and Impact

As e-mobility picks up momentum across the world, citizens and corporations alike have been asking themselves: Who should be responsible for developing the charging infrastructure and supporting other vital downstream considerations to support the end operators and/or drivers?

In Europe, a third-party approach similar to that of EWE GO is gaining traction, where an outsourcing vendor is responsible for simplifying the end-to-end mobility practices and operator support. This turnkey approach provides bundled mobility offerings related to knowledge, products, and services in order to increase the ease in which mobility is brought to life.

From a corporate fleet point of view, SAP Executive Ulrich Scholl advises that we must look beyond the boundaries of e-mobility today: 'E-mobility is an important building block of mobility in the future. The need for mobility programs is driven by the demand of employees and should be made easy for all to take part in - including the unique needs of urban employees.'

To increase the adoption of e-mobility offerings, a simple end-user experience is vital, where end-to-end services are provided and integrated into the way organizations operate and define success. It is not just about charging vehicles; there is much more to consider to support the downstream needs of e-mobility today.

Technology's Role to Support the Electrification of Mobility

Authorities and organizations have varied ambitions for sustainability and carbon neutrality endeavors. Some ambitions are driven by new legislation that mandates a shift in energy consumption, while others are being driven by factors such as cost, consumer demand, risk mitigation, and/or brand reputation.

To prepare for a new normal in mobility, Evolution Energie's Erwin Guizouarn shares that most customers' first question surrounds cost. While cost savings is not typically the primary reason why organizations leap to e-mobility, it is a vital consideration that should be thoughtfully approached to help ensure alignment with corporate strategy.

Guizouarn shares that the top four client questions about the adoption of emobility include: How much will we pay? When should we charge the cars - day or night? How can we hedge costs? And how can we minimize risk?

Software solutions can help manage end-to-end operations for charging, procurement, and contracts to effectively manage complexity, including monitoring energy consumption and mitigating risk. Flinois adds that 'Everything with e-mobility requires technology, specifically software to manage information including visibility, authority, energy use, and more.'

For firsthand experience and recommendations for an integrated e-mobility approach, watch the on-demand panel discussion here.

Senta Belay is industry solution manager for Travel and Transportation at SAP.

Disclaimer

SAP SE published this content on 09 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2021 12:17:02 UTC.


ę Publicnow 2021
All news about SAP SE
09:08aSAPá : Colorado's Arapahoe County Migrates to SAP S/4HANA
PU
08:22aSAPá : Science-Driven Solution Helps Organizations Embrace Resilience
PU
08:11aSAP ADMITS TO THOUSANDS OF ILLEGAL E : Lessons Learned
AQ
07:19aSAPá : Improving Field Service Employee Experience with Design Thinking and User..
PU
05/17SAP SEá : Notification and public disclosure of transactions by persons
EQ
05/14SANCTIONING THE CLOUD : SAP Settlement Illustrates Increasing Trade Sanctions On..
AQ
05/13SAPá : Outstanding Customer Projects Recognized at the 2021 SAP Quality Awards
PU
05/13SAPá : Business Technology Platform Raises Equestrians to a New Level
PU
05/13SAPá : Lessons From The SAP SE Settlement On The Benefits Of Self-Reporting Corp..
AQ
05/13SAPá : Dediq Name Financial Services Joint Venture SAP Fioneer
MT
More news
Financials
Sales 2021 27 378 M 33 413 M 33 413 M
Net income 2021 4 090 M 4 992 M 4 992 M
Net Debt 2021 6 834 M 8 341 M 8 341 M
P/E ratio 2021 30,3x
Yield 2021 1,62%
Capitalization 133 B 162 B 163 B
EV / Sales 2021 5,12x
EV / Sales 2022 4,85x
Nbr of Employees 103 142
Free-Float 86,1%
Chart SAP SE
Duration : Period :
SAP SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SAP SE
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 32
Average target price 127,58 €
Last Close Price 112,98 €
Spread / Highest target 28,3%
Spread / Average Target 12,9%
Spread / Lowest Target -33,6%
EPS Revisions
Managers and Directors
NameTitle
Christian Klein Co-Chief Executive Officer & COO
Luka Mucic Chief Financial Officer
Hasso Plattner Chairman-Supervisory Board
Juergen Mueller Chief Technology Officer
Bernard Liautaud Independent Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
SAP SE5.37%161 931
ORACLE CORPORATION21.95%228 030
INTUIT INC.9.85%114 854
SERVICENOW, INC.-17.45%89 720
DOCUSIGN, INC.-16.10%36 287
CONSTELLATION SOFTWARE INC.3.71%30 086