CIOReview Team | Wednesday, 20 April 2016, 06:06 IST
IBM (NYSE: IBM) and SAP SE (NYSE:SAP) announced plans across both companies to drive the modernization of clients' systems and processes and accelerate them into the digital economy.
Specifically, the companies plan to co-innovate solutions that increase customer value through cognitive extensions, enhanced customer and user experiences and industry-specific functionality -- all enabled with SAP® Business Suite 4 SAP HANA® (SAP S/4HANA) software, available on premise and in the cloud.
The companies intend to co-locate resources in Walldorf, Germany and Palo Alto, Calif. deepening their long-standing partnership and delivering a distinct blend of market-leading capabilities. In addition, the companies will showcase new solutions and thought leadership to clients in IBM, SAP innovation centers around the world.
"The future of business strategy and business value will proceed from the foundational elements of this announcement -- cognitive, cloud and the design of consumer-quality experiences in every industry," said Bridget van Kralingen, senior vice president, IBM Global Business Services. "We're formalizing a complementary set of capabilities to simplify and speed outcomes for clients evolving to become cognitive enterprises."
"Today's announcement builds on SAP's commitment to enable strong, growing businesses that can seize the amazing opportunities of the digital economy," said Rob Enslin, member of the Executive Board of SAP SE and president of Global Customer Operations, SAP. "SAP S/4HANA is the reimagined suite of core business applications that has once again set the standard for the industry. I'm delighted that IBM and SAP will collaborate closely to give customers a clear roadmap to innovating new business models and outcomes that were never before possible."
As clients change business models to capture new market opportunities by rethinking processes, work patterns and end-user experiences, the companies expect that the collaboration will include: