from DSSResources.comSAP and SAS to extend the power of the real-time enterprise with strategic partnershipLAS VEGAS and CARY, N.C., Oct. 22, 2013 /PRNewswire/ -- SAP AG (NYSE: SAP) and SAS have unveiled a strategic partnership that is expected to advance in-memory data analysis capabilities for businesses across industries. SAP and SAS will partner closely to create a joint technology and product roadmap designed to leverage the SAP HANA® platform and SAS analytics capabilities. By incorporating the in-memory SAP HANA platform into SAS applications and enabling SAS' industry-proven advanced analytics algorithms to run on SAP HANA, decision makers will have the opportunity to leverage the value of real-time data analysis within their existing SAS and SAP HANA environments. The announcement was made at SAP® TechEd, being held October 21-25 in Las Vegas. SAP and SAS are leaders for in-memory platform technology, advanced analytics and business applications. The collaboration between SAS and SAP is expected to harness the power of combined platforms while helping to eliminate data movement, duplication and reconciliation. It will also enable massive parallelization of computationally intense workloads, all in-memory, enabling new Big Data solutions that could not previously be delivered. The in-memory functionality is designed to improve data scientists' productivity by accelerating model development, iteration and deployment. The single environment for business applications and advanced analytics is expected to also vastly simplify IT landscape, help reduce costs and deliver real-time performance. "The partnership of SAS, the market-leading advanced analytics provider, with SAP will simplify Big Data and analytics efforts by reducing data movement and allowing for faster decision-making," said Henry Morris, Senior Vice President, Worldwide Software and Services, Research, IDC. "It can be more efficient to move the model to the data than the data to the model. This relationship will significantly drive value to joint customers." SAS and SAP plan to execute a co-sell pilot program to engage select joint customers to validate SAS applications running on SAP HANA. The goal of this program is to build and prioritize the two firms' joint technology throughout 2014, in particular for industries such as financial services, telecommunications, retail, consumer products and manufacturing. The applications are expected to target business areas that require a combination of advanced analytics running on an in-memory platform that will be designed to yield high value results. Such opportunities exist in customer intelligence, risk management, asset management and anti-money laundering, among others. "Combining the power of SAP HANA platform with SAS advanced analytics applications is the first wave of innovation we plan to deliver to our joint customers," said Bill McDermott, Co-CEO and member of the Executive Board of SAP AG. "With the powerful capabilities that the two companies plan to deliver jointly , the opportunities are endless." In-memory functionality allows businesses the ability to handle large data sources while also supporting real-time analytics. "SAS and SAP can help companies manage the massive volumes of information they are constantly dealing with and make sense out of it," said Jim Goodnight, SAS CEO. "Between our two companies, we have the expertise and the products to help ensure that our customers can see and act on the power of performing advanced data analysis within their database and not outside of it." For more information, including additional announcements and coverage from SAP TechEd Las Vegas, visit the SAP Newsroom. About SAS SAP® TechEd in 2013: Las Vegas, Amsterdam, and Bangalore Follow SAP on Twitter at @sapnews. About SAP 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. © 2013 SAP AG. All rights reserved. For customers interested in learning more about SAP products: SOURCE SAP AG RELATED LINKS http://www.sap.com |