SAN FRANCISCO and WALLDORF, Germany, Nov. 16, 2016 /PRNewswire/ -- SAP SE (NYSE:
SAP) and GE Digital (NYSE: GE) today announced their intention to explore collaboration in the area of the Industrial Internet of
Things (IoT). The announcement is driven by the fundamental shared belief in the power of the Industrial IoT, and the ability for
joint customers to drive further efficiency, savings and utilization from their investments into assets. The announcement was
made at GE's Mind + Machines conference being held November 15 and 16,
2016, in San Francisco.
Building on the respective strengths of GE Digital and SAP, the companies plan to focus their initial efforts on opportunities
to strengthen the integration between GE's Predix operating system and SAP HANA® Cloud Platform. Additionally, the companies
intend to collaborate in the area of asset management, including SAP Asset Intelligence Network, and to explore and design use
cases to enable the "Things to Outcomes" vision for customers in the oil and gas industry. "Enabling the owners, operators and
makers of their equipment to share data and context is an essential building block towards the enablement of end-to-end processes
and our 'Things to Outcome' vision'," said Dr. Tanja Rueckert, executive vice president, Digital
Assets & IoT, at SAP.
Customers in the oil and gas industry will be the first beneficiaries between the two companies.
"The cross-collaboration between GE and SAP will allow us to create opportunities for the Industrial IoT ecosystem," said
Denzil Samuels, global head of Channels & Alliances at GE Digital. "The partnership is an
ongoing effort to expand joint go-to-market capabilities and accelerate innovation in rapidly growing markets for cloud
platforms."
SAP and GE are both leading members of the Industrial Internet Consortium (IIC). This international network of companies and
universities is driving the implementation of the Industrial IoT in several areas, including manufacturing. Both companies plan
to reinforce their ongoing activities and uncover ways to work together on industry-leading standards to accelerate
interoperability and convergence between IT and operational technology (OT).
For more information, visit the SAP News
Center. Follow SAP on Twitter at @sapnews.
About GE Digital
GE Digital connects streams of machine data to powerful analytics, providing industrial companies with valuable
insights to manage assets and operations more efficiently. World-class talent and software capabilities drive big gains in
productivity, availability and longevity. For more information, visit the Web site at www.ge.com/digital.
About SAP
As one of the market leaders in enterprise application software, SAP helps companies of all sizes and industries Run
Simple. From back office to the boardroom, warehouse to the storefront, desktop to a mobile device – SAP software 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 business and public sector customers to operate profitably, adapt
continuously, and grow sustainably. For more information, visit www.sap.com.
For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: +1 (800) 872-1727
For more information, press only:
Jim Dever, +1 610 661 2161, james.dever@sap.com, EST
Jason Loesche, +1 484 437 0015, j.loesche@sap.com, EST
Hilmar Schepp, +49 6227 7-46799, hilmar.schepp@sap.com, CET
SAP News Center press room, press@sap.com
Amy Sarosiek, amy.sarosiek@ge.com
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Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast,"
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