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Industry Analyst Firms Name SAP a Leader in Transportation and Warehouse Management Systems

SAP SE (New york stock exchange: SAP) today announced it had been named an innovator by Gartner in the “Magic Quadrant for Transportation Systems”* and it is “Magic Quadrant for Warehouse Management Systems.”**

The evaluations checked out the SAP Transportation Management and SAP Extended Warehouse Management applications to look for the positioning within the leaders quadrant both in reports.

“We build digital logistics methods to help our customers rapidly sense, understand and act upon ever-shifting demand signals,” stated Hala Zeine, president, SAP Digital Logistics, SAP. “We believe this latest positioning like a leader is an excellent validation in our relentless dedication to helping our customers provide the imagine a wonderful experience each time.”

In the “Warehouse Management Systems, Global Market 2018-2023”*** report, industry analyst firm ARC Advisory Group rated SAP one of the largest suppliers of warehouse keeper. The report attributes the marketplace-share development of SAP Extended Warehouse Management partly to the advanced functionality, including its embedded material flow controller (MFC). ARC also sees that the answer guide for SAP Extended Warehouse Management includes enhancements for example Kanban and JIT call integrations, additional analytics in the SAP HANA platform, MFC enhancements and robotics integration abilities.

How Subledger Accounting for Insurers Paves the Way for True Financial Transformation

Within the insurance industry, digital disruption is creating new possibilities for risk minimization, product innovation, and business models.

Technology are enabling insurers to assist their clients better secure property, drive securely, as well as live longer. Insurers are adopting automation ways to streamline claims and eliminate redundant tasks. This automation can help to eliminate the expense connected with claims processing up to 30 %, based on McKinsey.

However, insurers cannot truly take advantage of these digital transformation possibilities when they must still depend on unnecessarily complex managing accounting systems and backward-searching analytics. To stay competitive, insurance providers must simplify and streamline their accounting processes. Doing this will give you critical data for advanced analytics and reporting, delivering the insights required to drive business success.

Challenge: Bridging the space Between Transactional and Financial Applications

Many insurance providers continue using fragmented, homegrown transactional systems to operate core processes. This method requires IT departments to produce custom interfaces that flow data to reporting and analytic systems and also the general ledger. This accounting scenario is further complicated by new rules that exacerbate the reasons of traditional, monolithic architectures.

Insurers have to bridge the space between their transactional systems and finance applications. Doing this will lessen the time allocated to operational tasks and controls, simplify compliance, which help reduce connected costs. Most significantly, a simplified, streamlined approach will generate multiple financial variations concurrently, reducing reporting efforts.

Solution: SAP S/4HANA Helps Simplify and Streamline Accounting Processes

The SAP S/4HANA solution for lending options subledger might help insurance providers better address the reasons of traditional, monolithic architectures. Fundamentally of SAP S/4HANA is really a multi-GAAP accounting engine. Complementing this accounting engine is really a module that props up preparation of believed cash flows supplied by actuarial upstream systems.

The subledger enables insurance providers to create multiple valuations and apply financial steering methods according to SAP HANA. Companies can automate and control processes inside a simple, efficient way to understand the advantages of financial transformation:

• Manage growing regulatory complexity by new valuations and reporting standards for example IFRS 9, IFRS 17, and U.S. GAAP

• Reduce reporting efforts by generating multiple financial valuations concurrently
• Minimize time needs for performing operational tasks while growing the capability for analytics
• Steer financial resource allocation
• Simplify compliance and lower its connected costs

Beginning the Transformation Journey

Financial transformation is really a business imperative for insurers and SAP is distinctively positioned to assist. SAP focuses on helping companies run simply. Leveraging greater than 45 experience in finance, SAP is promoting the SAP S/4HANA for lending options subledger, particularly created for the complex regulatory and reporting atmosphere facing todays’ insurers. By benefiting from the-leading in-memory computing platform, the SAP HANA business data platform, insurers gain the versatility and speed they have to adhere to evolving regulatory needs.

Customer Service Is Three Times Faster When AI Bots, Humans Work Together

It’s one factor to create conversational bots and automatic process automation (RPA) into business applications. However the most powerful chance for innovative companies is within mixing these abilities.

I came across how some management have previously found this exponential power during one session in the recent Azure NOW and ASUG Annual Conference.

“It’s the convergence of those technologies that offer the chance for any better experience, along with the capability to apply machine learning technologies to produce a constantly-learning enterprise, applying understanding and skills acquired from that machine learning technology to produce the Intelligent Enterprise,” stated Shawn Brodersen, global v . p . and SAP CTO at HCL Technologies Limited.

One pharmaceutical company improved workforce engagement with intelligent RPA and conversational artificial intelligence (AI). A significant bank streamlined documentation approaches for procurement. In another example, a worldwide gas and oil company produced an individual sources FAQ bot by getting together conversational AI, machine learning, and intelligent RPA.

Brodersen, an SAP partner, became a member of Markus Noga, mind of Machine Learning at SAP, on stage. Noga stated that SAP embedded intelligence in any company’s major line-of-business applications. He categorized bots in three primary flavors: automation, conversation, and intelligence.

Digital Workers Automate Business 24/7

Automation isn't always about industrial robots assembling goods on set up lines. This really is about software robots that accelerate everyday tasks, like invoicing and accounts payable, transforming how business operates.

“When we activate [bots] night and day, day and night, they'll perform the meet your needs, augmenting a persons workforce with digital workers that may be monitored by SAP’s cloud-based dashboards at one glance,” stated Noga. “Companies can easily see what these digital personnel are doing because they sign in to the SAP S/4 HANA system, pick the best fields and populate all of them with the device learning information in the invoices, and send the company process moving.”

Bots + Humans Have Enterprise-Ready Conversations

Although some naysayers pit humans versus machines, Noga demonstrated the way the mixture of conversations between people and bots amplified the strength of voice in important places like customer support.

“We have over 120,000 bots produced on the top from the SAP Conversational AI platform by a wide open ecosystem in excess of 60,000 developers and our large customers,” he stated. “[They] are realizing substantial customer support enhancements by utilizing bots when they were young-to-day client service operations…90 percent first-call resolution rates, 90 % first-time-right call routing, three occasions faster conversations when handled by an ensemble of bots and humans.”

In addition to this, bots are becoming even better to build, functioning on company rules and permissions. For instance, bots can see company FAQ or policy documents for something similar to travel and expense. With a single click, a bot can answer worker questions regarding whenever they can book business class.

The Best Data Forces Intelligence

Decision-makers realize that intelligence is certainly not without quality data. Noga shared how SAP Data Intelligence plus AI and machine learning on a single platform helped companies inject intelligence in to the business. Every industry has quite a lot of data in several places. Robots might help capture the best data and apply individuals insights towards the business where it matters to customers. Noga stated that the precision tools and machining company elevated productivity by 20 % using SAP Leonardo Machine Understanding how to extract different types of data from numerous devices.

“This converted right into a considerably reduced error rate from manual data recording,” stated Noga. “We’re [also] helping automobile vendors and manufacturers understand prices around the used market in an infinitely more precise way, mixing historic sales data with image-based insights towards the condition from the vehicle today… transforming the sport from data to intelligence.”

Humans + Machines

Lost in a few of the fear-based conversations about AI may be the incredible combined power these advancements. Smart bots use image processing to wash up documents, which makes them more legible for machines. They are able to use text recognition to rapidly dig through data both in typed and handwritten content. Natural language processing can classify documents, while other bots can conduct semantic searches.

Along with humans, machines might help power unstoppable business growth.

Microservices: The Supermarket Principle

Microservices - small, independent processes that may be designed in multiple languages - really are a right diamond necklace for that cloud. And today, with SAP Cloud Platform Extension Factory, SAP has produced an infrastructure of these modular components.

It's not an issue when Facebook or Amazon . com announces new releases. These businesses update their software almost through the second and barely build complex applications. Rather, they concentrate on microservices. Ideally, these small software components could be implemented across different apps.

Busy Supermarkets Open More Registers

Stephan Fester, innovation officer for SAP Customer Experience, compares using microservices with a company to some supermarket that all of a sudden needs to serve a lot of customers at the same time.

“They don’t develop a new supermarket nearby,” he states. “They simply open a couple of more registers to handle the demand.” Microservices are just like the registers within the supermarket: They're modular, universal, and prepared to be used in days, otherwise hrs. They belong currently, which requires companies to become agile and versatile.

From Virtualization to Container Technology

When VMW started developing virtualization technology, it required the initial step toward using the supermarket principle to software development. Today, microservices expert Marco Palladino describes these virtual machines, which considerably elevated scalability without requiring extra servers, like a “game changer.” Companies simply installed a virtualized infrastructure and were then in a position to leverage their capacity. This evolved further with the development of containers for microservices.

“Containers let us run considerably more processes than we're able to on virtual machines,” Palladino writes in Kubernetes: The way forward for Infrastructure. They permit sources for use much more efficiently and may accelerate microservice development. In addition to this, they are able to ready to go within a few moments.

Using Microservices for Prices on Black Friday

SAP offers its customers a microservices concept through SAP Cloud Platform Extension Factory that enables multiple apps to benefit from and scale each microservice when needed. “Ultimately, it's about giving organizations source code that a number of applications may use,” Fester explains.

In the same manner that supermarkets can open more registers during busy periods, companies are now able to generate more containers, or instantiate them multiple occasions. On Black Friday, for instance, when products can be bought at very attractive prices, a microservice can be used as prices as frequently when needed.

Microservices can provide companies more versatility. “Extensions could be programmed as before because microservices are separated,” states Fester. Later on, applications won't need to be fully tested as is often the situation with customized extensions for core applications. SAP Cloud Platform Extension Factory help developers create extensions by means of microservices which are event-driven. Jetski from one-to-one integration and for that reason boosts the extension’s versatility. Further, the present services obtainable in SAP software, for example SAP S/4HANA or SAP C/4HANA, are reused and could be combined with services on SAP Cloud Platform and individuals provided by other providers of worth-added services. To facilitate this versatility while keeping an advanced from it security and integration, SAP developed SAP Cloud Platform Extension Factory, which is dependant on outdoors source project Kyma.

Microservices Mean Versatility within the Cloud

Another essential advantage is the fact that a company can extend its existing infrastructure using microservices without restricting the upgrade capacity of their systems or questioning whether or not they will run. Fester believes the microservices approach can give companies that formerly eliminated a typical system within the cloud the opportunity to change their brains. The brand new choices for creating extensions using container technology imply that, regardless of a reliable core, it's now easy to become a lot more flexible than ever before. Figuratively speaking, this could do not only cut lines in supermarkets, but could lessen the effort connected with building new software too.

A New Era of Experience

SAP has launched its first SAP Leonardo Experience Center in Walldorf. By having an official ribbon cutting ceremony on June 6, Chief Operating Officer and Person in the manager Board of SAP SE Christian Klein heralded a brand new era of expertise, that will transform SAP’s customer innovation journey.

“Our mission ended up being to re-think of the customer journey to ensure that a regular, seamless, and relevant experience is supplied to any or all our customers around the globe,” states Klein. “SAP offers a passionate space for purchasers and partners to determine, feel, and interact using the new SAP while following their very own journey to become intelligent enterprises. Seeing how our concept of this center is now reality makes me very proud. Along with SAP, customers and partners are now able to innovate for the first time.”

Worldwide, SAP Leonardo Experience Centers will offer you physical innovation space and showcases relevant for innovation infused in to the finish-to-finish SAP portfolio, lines of economic, industries, and markets SAP serves. Following a finish-to-finish customer innovation journey “MEET - INSPIRE - ENGAGE,” customers may feel highly relevant business showcases and demos according to their companies. The showroom could be tailored individually to every customer visit or focus subject within hrs.

“The new experience center continues to be consciously designed to ensure that visits are personalized and thoroughly managed from planning and being onsite right through to the publish-visit engagement,” explains Bjoern Ganzhorn, who leads the knowledge SAP team. “The personalization can be done with the versatility where the meeting facilities and showroom could be adapted to customer needs. This enables us to include new showcases anytime, as today’s world changes fast and thus will the technology behind it.”

The SAP Leonardo Experience Center in Walldorf is situated in Building 49, a brand new, five-story building representing their own transformation. In the first floor, this center uses greater than 120 square meters to demo greater than 20 unique showcases, all concentrating on technology innovation for that Intelligent Enterprise.

“At the SAP Leonardo Experience Center in Walldorf, we place the customer’s experience fundamentally of the items we’re doing,” states Louise Morrison, mind of SAP Leonardo Experience Center Walldorf. “Besides facilities for purchasers to satisfy with experts and partners, they are able to experience demos according to latest SAP technologies with the aid of sensors and blockchain technology, machine learning, artificial intelligence (AI), and knowledge analytics. Finally, the engagement with SAP experts shall activate their pathways from the reimagined vision for their new reality being an intelligent enterprise.”

“Walldorf may be the beginning point for the experience revolution. Behind the curtain, we combined over 4 decades of understanding and finest practices of customer engagement and added latest insights in the experience economy to craft a business-leading customer experience,” states Joachim von Goetz, global mind of expertise Center Strategy. “This technique is now being folded to centers globally along a transformational journey to really curate for the customers the perfect experience over the latest and finest of the items SAP provides. Walldorf may be the first flagship symbol of this global strategy, with Tokyo, japan, Japan opening its doorways to customers by This summer 29 and much more SAP locations to follow along with in Palo Alto, Newtown Square, New You are able to, ‘s-Hertogenbosch, and Gauteng.”

Oil and Gas Giants Come Together to Make a Bold Move to Public Cloud

It’s sometimes simple to forget in the current global atmosphere that cooperating could be a helpful way to a fruitful finish-even in business context.

Within the technology sector, cooperating isn't just helpful but frequently best to build up some technologies like blockchain, which requires pure capitalistic ideals, ego, and envy be placed aside for that greater good.

It had been within this spirit the gas and oil sector, with SAP and Accenture, created a consortium to build up market standards to have an industry-specific, public cloud, enterprise resource planning (ERP) solution you can use by gas and oil companies all over the world.

Covering is a leader within this effort, together with Chevron, BP, ConocoPhillips, Apache, Devon, and Equinor. In addition, 25 other gas and oil information mill being employed as reviewers in this particular initiative.

“Oil and gas companies meet one another all across the globe in joint ventures,” stated Frank Westerhof, gm of Enterprise Platforms at Covering, who lately attended the Accenture SAP Leadership Council to talk about the consortium’s progress. “One from the reasons that SAP even considered the gas and oil niche for a groundbreaking project like this is due to that history. Many of us share exactly the same suppliers, so it’s in everybody’s interests to squeeze out inefficiencies in the costs to do business and concentrate on which energy sources can be found.”

Westerhof stated the consortium began with one premise: 85 % of operating a business is, because he stated, “non-differentiating,” and therefore the rest of the 15 % is exactly what will make you an industry leader and impact your main point here and also the dividends compensated to investors.

The ERP software that the company runs, while complex, mainly falls within the 85 % bucket. Instead of every company developing its very own standard, the consortium has worked for around 18 several weeks to build up one for the whole industry.

“We, meaning oil companies, face a company atmosphere where there has been lots of changes,” described Westerhof. “From a company perspective, we face decarbonizing powers. And alternatively finish, we face digitalization.”

“In many different ways, digitalization is visible like a big chance,” he added. “But, you may also view it like a big threat. If starting with an intricate company - and due to our size many of us are complex - and digitalize round the edges, it may tremendously boost the complexity of this company. It is crucial that people guide each of the company changes we're facing having a obvious strategy.”

“That strategy is about focus. You want to make very conscious decisions about where we're differentiating-where you want to go that step further to build up our very own stuff-so we should also realize that digitalization is how we would like to benefit from the items the marketplace provides. The ERP space is exactly what we have seen as parity.”

The consortium, created by SAP, brought to thoughtful discussions and the introduction of a business market standard platform, with Accenture and SAP supplying assistance with technology.

“Accenture and SAP will work together to build up market standards for that gas and oil industry within the public cloud,” stated Jan van living room Bremen, senior md and global technology officer for that Accenture Sources Operating Group. “This is definitely an agile, ongoing process building on Accenture and SAP’s history of developing improved solutions for that industry.”

The consortium holds regular conferences with various workstreams to build up the general public cloud ERP solution, including logistics management, revenue accounting, asset management, and procurement. The deliverables can be found on quarterly releases, using the initial development milestone scheduled for May 2020.

“Sometimes I refer to it as the organization equal to free,” stated Westerhof. “Up until lately, the ultimate goal associated with a ERP implementation is single global instancing. We believe this proceed to public cloud will change.”

Pay attention to the Azure NOW Opening Keynote replay with Adaire Fox-Martin, person in the manager Board of SAP SE, Global Customer Operations, and Jay Crotts, CIO of Royal Nederlander Covering to uncover how Covering is speeding up your way to public cloud for gas and oil.

The Potential of Intelligent Technologies in the Aerospace and Defense Industry

Intelligent technologies based on a centralized digital platform would be the instruments which will provide these data insights over the business. The outcome on costs and overall customer experience is going to be game-altering for that highly-connected aerospace companies.

The Function of information

There's unbounded potential in intelligent technologies such as the Internet of products (IoT), machine learning, artificial intelligence (AI), and predictive analytics. In aerospace manufacturing, IoT enables technologies like digital twins to improve equipment insights while predictive analytics optimizes equipment health predictions. With a lot more advancements, for example industry leaders moving assessing more agility and exploring the strength of operational and experiential data for much deeper customer insights, manufacturers can truly make use of the commitment of digital.

“As a vital provider today within the A&D industry, both in the traditional ERP platforms and also the emerging digital data atmosphere, SAP is going to be an essential partner for leading A&D customers off legacy platforms onto an innovation platform like SAP S/4 HANA where we are able to provide bear all of the important technologies that include digitization,” states Mark Testoni, president and Chief executive officer of SAP National Security Services.

The innovations start when information is connected and available. When information is digitized and free of silos through a connected data platform, A&D companies can layer on intelligent technologies, for example blockchain, predictive analytics, machine learning, and digital twins.

“We are watching our A&D customers evolve and begin to expect to and develop systems that can engage in all of the data they've collected through the years,” states John Roach, md of U.S. Controlled Industries at SAP. “Many of those customers have collected petabytes of information that they must make use of and extract actionable insight that they'll affect the long run. The evolution of SAP technology and also the Intelligent Enterprise are actually the foundational elements they have to move forward and develop data-driven, predictive systems.”

The Outcome of the Digital Twin

Data-driven systems may have an amazing effect on manufacturing processes and also the logistics, particularly the digital twin.

“The digitization of information can create visibility in to the logistics unlike we’ve seen before,” states Testoni. “Every company includes a physical logistics along with a digital one. Individuals will be more unified, so we can compress a significant quantity of slack from these supply chains. We can get assets and sources where they should be so when they should be there. Finish customers and all sorts of suppliers can learn how to have better support and make up a better experience round the entire lifecycle of very complex products.”

Intelligent technologies, such as the digital twin, allow aerospace manufacturers to solve issues faster, predict maintenance needs, and offer the innovation from the entire value chain. Digital twin performs this by duplicating the physical qualities of machines into software and taking advantage of simulation to allow predictive engineering insights over the product lifecycle.

Assets is now able to managed instantly due to the utilization of smart sensors around the physical machines and virtual sensors around the digital twin. These sensors give visibility in to the continuous condition from the assets so A&D companies can address manufacturing challenges before they occur. Downtime is reduced, maintenance pricing is decreased, and efficiency is enhanced. Simulation-based digital twins also improve product design processes by enabling enhanced design mixers considerably lessen prototyping and testing costs.

As SAP continues to utilize the A&D industry to construct the intelligent aerospace enterprise, SAP has started dealing with the ecosystem to succeed the predictive and machine learning abilities from the Intelligent Enterprise. SAP and Ansys have labored together to create and make an active showcase that demonstrates the strength of an electronic twin, using engineering simulation and IoT technologies to transform asset management.

“Things are possible today with AI, machine learning, and blockchain that people couldn’t imagine only a couple of years back,” states Mike Golz, senior v . p . and CIO at SAP Americas. “SAP and our partners will give you apps that make the most of these innovations and infuse them in to the business processes to produce a better experience for any&D customers, brands, and employees.”

SAP and Esri Deliver First-Ever Database as a Service to ArcGIS Customers

SAP SE (New york stock exchange: SAP) today announced that Esri, the worldwide leader in location intelligence, now supports SAP Cloud Platform, SAP HANA service.

This announcement marks the very first-ever database like a service that's fully based on Esri ArcGIS technology. Organizations are now able to run SAP HANA because the underlying multimodel database service for that ArcGIS system of record and make the most of elevated performance, lower total price of possession and simpler integration of enterprise data with spatial data either on premise, within the cloud or perhaps in a hybrid deployment. This announcement is made in the Esri User Conference being held This summer 8-12 in North Park.

“Our partnership with Esri brings over twenty years of co-innovation to the joint subscriber base,” stated SAP Senior V . P . of SAP HANA and Analytics Gerrit Kazmaier. “Through our latest co-innovation efforts, the SAP HANA services are the foremost and only database like a service becoming the building blocks from the enterprise geodatabase with ArcGIS. With Esri ArcGIS operated by SAP HANA now supporting on-premise, cloud and hybrid environments, custo­mers can pick their preferred deployment choice to gain substantial performance and scale enhancements, while connecting to a much wider group of internal and exterior data sources for a lot more effective spatial analytics and decision-making.”

The SAP HANA service, a primary element of SAP HANA Cloud Services, has become a supported enterprise geodatabase with Esri’s ArcGIS Enterprise and ArcGIS Pro, allowing companies to profit from full integration of enterprise and spatial data for greater insights, improved business decisions and faster innovation. By supplying fully integrated spatial analytics and advanced visualizations in a single multimodel database management system, the joint solution from SAP and Esri consolidates IT landscapes for lower administration costs and total price of possession.

Town of North Park Transforms right into a Smart City

The Town of North Park is applying the effective abilities of SAP Business Suite software and Esri ArcGIS Enterprise to enhance municipal service delivery and community collaboration through spatial insight. SAP, Esri and implementation partner Critigen are working with the town to attain interoperability between their platforms through data integration, advanced analytics and dynamic map-based applications. The goals from the project will be to reduce overall technology costs, improve performance and supply accurate and timely information to make more-informed decisions through the city.

“We are seeing benefits in the SAP and Esri partnership,” Town of San Diego’s Chief Innovation Officer Jonathan Behnke stated. “For example, our firefighters can better plan and react to calls. Inside a couple of days a group from SAP, Critigen, Esri and Quartic Solutions built a roadmap viewer showing hydrant status from your operational and GIS systems of record - SAP Business Suite and Esri ArcGIS both running on SAP HANA. The brand new tool improves efficiency and helps to make the city safer.”

Start Innovating with SAP HANA and Esri ArcGIS Today

SAP and Esri are actually providing the SAP and Esri quick-start experience, with a 30-day free trial offer and packaged, quick-start content so customers can certainly explore Esri ArcGIS Enterprise running around the SAP HANA service. To learn more and also to preregister, read “We Allow It To Be Simple to Innovate using the SAP & Esri QuickStart Experience operated by AWS.”

Building from the momentum of last year’s SAP and Esri backed hackathon, the businesses will also be performing the 2nd SAP   Esri Innovation Hackathon made to generate innovative and intelligent geospatial use cases by mixing Esri’s ArcGIS and also the abilities from the SAP HANA service. 2010 hackathon series is expanding globally, with approaching occasions happening August 14-16 in São Paulo, South america, and October 16-18 in ’s Hertogenbosch, Netherlands. The SAP   Esri Innovation Hackathon provides developers with use of all SAP platform and intelligent technology solutions. To learn more, go to the SAP   Esri Innovation Hackathon website.

Go to the SAP Database Migration Factory program website to discover moving from legacy databases rapidly with minimal risk and downtime using automation tools, industry guidelines and established processes.

About SAP

Because the Experience Company operated by the Intelligent Enterprise, SAP may be the market leader in enterprise software, helping companies of any size as well as in all industries run in their best: 77% from the world’s transaction revenue touches an SAP system. Our machine learning, Internet of products (IoT), and advanced analytics technologies help turn customers’ companies into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that can help them stand above their competitors. We simplify technology for businesses to allow them to consume our software how they want - without disruption. Our finish-to-finish suite of services and applications enables greater than 437,000 business and public people to operate profitably, adapt continuously, making a difference. Having a global network of consumers, partners, employees, and thought leaders, SAP helps the planet run better and improve people’s lives.

SAP Raises Dividend to €1.50 – New Supervisory Board Elected

SAP SE (NYSE: SAP) today announced that shareholders approved all agenda items proposed by management at the company’s Annual General Meeting of Shareholders.

For fiscal 2018, SAP shareholders will receive a dividend of €1.50 per share (previous year: €1.40). The total distribution to shareholders amounts to €1.79 billion. Dividends are slated for payment on or after May 20, 2019. The shareholders approved the actions of the Executive and Supervisory Board for the 2018 fiscal year.

The Annual General Meeting held new elections after the regular expiration of the terms of all shareholder representatives on the Supervisory Board. The duration of the terms was staggered into groups of three, four and five years so that in the future not all terms of shareholder representatives would be up for re-election at the same time. All persons standing for election received the approval of the Annual General Meeting.

The shareholders’ side of the Supervisory Board thus consists of the following persons. The duration of each person’s mandate in years is provided in brackets after the name: Prof. Dr. h. c. mult. Hasso Plattner [3], Dr. h. c. mult. Pekka Ala-Pietilä [3], Aicha Evans [5], Diane Greene [4], Prof. Dr. Gesche Joost [4], Bernard Liautaud [4], Gerhard Oswald [5], Dr. Friederike Rotsch [5], Dr. Gunnar Wiedenfels [3].

After the election of five women to the Supervisory Board in the recently held employee representative elections, nine of the 18 Supervisory Board members are now women. The employee representatives on the Supervisory Board are Panagiotis Bissiritsas, Monika Kovachka-Dimitrova, Lars Lamadé, Margret Klein-Magar, Christine Regitz, Heike Steck, Christa Vergien-Knopf, James Wright and Ralf Zeiger.

About SAP

As the Experience Company powered by the Intelligent Enterprise, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables more than 437,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. 

An Open Ecosystem for the Digital Transformation of Industrial Manufacturing Plants

Focus on Feasibility and Benefits

Operations in factories, plants and logistics centers in midmarket and large enterprises are characterized by heterogeneity — with things of many different classes, from many different manufacturers. Proprietary and varying standards in connectivity, data management, IT security and collaboration create additional effort and impede the rapid and comprehensive scaling of Industry 4.0. The founders and members of the Open Industry 4.0 Alliance pledged to provide customers with an open, standards-based, and compatible offering for a product’s entire journey — from the object on the factory floor to service.

Customers can select what they need from a set of modular, compatible and scalable solution and service components. In each case, these build on the core competencies of the founders and members of the alliance and represent a low-risk, manufacturer-independent option from existing and known suppliers in the discrete manufacturing and process engineering industries. The connection to SAP solutions helps ensure that business processes such as manufacturing execution, warehouse management or plant maintenance are collaborative across company boundaries with partner companies.

Open and Interoperable Solution

The open, standards-based offering of the Open Industry 4.0 Alliance includes four modules — Device Connectivity, Edge, Operator Cloud, and Cloud Central — plus an associated service offering. Device Connectivity establishes the connection to the machines and sensors. Edge is the central node for all the important and locally necessary functions in the factory. Operator Cloud is the central node in the customer’s company that an open layer and supports all enterprise-centric functions and applications. Finally, Cloud Central enables the bidirectional exchange of data between companies, such as master data and measurement data from calibrations, as well as information including technical documentation and repair manuals.

The first proofs of concept were completed in 2018, with adaptable and flexible matrix production at KUKA. The aim is to produce additional proofs of concept from members and their customers by mid-2019. The founding members are preparing their first results for the second half of 2019.

What the Project Partners Say

Florian Hermle, Managing Director, Balluff Group: “We want to afford our customers openness and the greatest possible compatibility with our systems, because we are convinced that going it alone in a digital and highly connected world is doomed to failure in the long term. That is why we put our trust in an open ecosystem comprising technology, software and partners, which enables us to support our customers with our innovative integrated solutions on the path to the smart factory. We are therefore pleased to be part of the Open Industry 4.0 Alliance.”

Gerd Hoppe, Corporate Management, Beckhoff: “As an automation provider of open control technology, Beckhoff welcomes the alliance’s initiative to design and propagate an open infrastructure for operators of cloud technologies in the capital goods sector. It makes managing the entire lifecycle of systems and plants significantly easier for operators in the process industries, production technology and logistics.”

About SAP

As the cloud company powered by SAP HANA, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables more than 425,000 business and public customers to operate profitably, adapt continuously, and make a difference.