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SAP® IoT Seeks Better Parking with New Solution

SAP

Bosch and DESIGNA Innovate with SAP to Improve Management of Parking Locations for Cars, Motorcycles and Trucks

PR Newswire

WALLDORF, Germany, Nov. 8, 2016 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the availability of the SAP® Connected Parking solution, new Internet of Things (IoT) software to help parking management firms take advantage of the cloud, smart devices and Big Data technologies. SAP Connected Parking offers parking providers a digital backbone to consolidate parking space availability across locations, reserve parking spaces, publish real-time status of parking space and improve use, visibility and efficiency. Technology partners include DESIGNA Verkehrsleittechnik GmbH, which has signed an agreement to integrate the solution with its parking management systems and kiosks, and Bosch Service Solutions, which recently announced integration with the Bosch Secure Truck Parking service.

SAP Logo.

"SAP is helping customers map their journeys through digital transformation, and IoT has the potential to drive the largest segment of growth in new business value," said Tanja Rueckert, executive vice president, LoB Digital Assets and IoT, SAP. "SAP Connected Parking is an excellent example of how businesses that manage self-service terminals and kiosks can leverage robust IoT cloud and application expertise from SAP and our partners to transform their business models and the parking experience for drivers of all vehicles."

SAP Connected Parking harnesses the power of SAP HANA® Cloud Platform in a simple and convenient solution for managing parking locations. It is designed as a building block for companies such as DESIGNA to integrate with their hardware components to offer a comprehensive parking access revenue control (PARC) solution. SAP Connected Parking includes an app that runs on a tablet and serves as the user interface to drivers who enter or exit the parking location.

"As a world leader of parking management solutions with 65 years of experience in the industry, our goal is to develop innovative parking solutions that combine unique industrial design and an intuitive user experience while continuously reducing the operating costs," said Dr. Thomas Waibl, CEO, DESIGNA. "We are pleased to integrate the IoT solution from SAP, the world leader in enterprise cloud software, into our parking systems to offer a next-generation service to our customers."

The announcement builds on a partnership between SAP and Bosch Group in the area of IoT and the release of the Bosch Secure Truck Parking service by Bosch Service Solutions. Bosch Secure Truck Parking seeks to address the shortage of secure parking space for trucks, which can result in fatal accidents though insecurely parked trucks and the loss of billions of euros through stolen goods. A Bosch facility near Karlsruhe, Germany, will be used as a secure truck park during evening hours and nighttime. Access to the parking location is managed by Bosch Secure Truck Parking, leveraging SAP Connected Parking. For more information, see video.

"The issue of secure truck parking has been addressed a few times in the last years. Most of the former approaches had only limited success, because the technological complexity to operate a truck park was too great," said Robert Mulatz, executive vice president, Bosch Service Solutions. "Now, with cloud and IoT-based solutions we have systems that will allow for a much faster growth of the number of available car parks with state-of-the-art access technology."

SAP Connected Parking is available globally and only as an outbound OEM solution.

It is estimated that the market for unattended kiosks could reach US$73 billion by 2020 according to research firm marketsandmarkets.com. While parking kiosks are one of fastest growing market segments for unattended kiosks, parking remains highly fragmented and localized. Inefficiency in urban parking and truck parking negatively impacts commerce and quality of life.

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

About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 335,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

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.

© 2016 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 http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)

For more information, press only:
Jim Dever, SAP, +1 (610) 662-1341, james.dever@sap.com, PST
SAP News Center press room; press@sap.com
Kyle Tildsley, PAN Communications, +1 (617) 502-4300, sapsc@pancomm.com, EST

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sap-iot-seeks-better-parking-with-new-solution-300358677.html

SOURCE SAP SE