SAP Launches SAP Vehicles Network  solution


SAP launched SAP Vehicles Network solution at SAP TechEd Las Vegas, being held from October 19–23 at the Venetian Palazzo Congress Center, Las Vegas.

SAP Vehicles Network solution is a new cloud offering that allows enterprises to offer secure, convenient vehicle and mobility-centric services independent of devices or vehicles.

SAP said its Vehicles Network enables drivers in North America to share data from the Internet of Things, activate gas pumps, pay at the pump, reserve parking, open off-street parking gates and pay for on-street parking from the car through a mobile wallet or app.

Samsung Pay is leveraging SAP Vehicles Network based on SAP HANA Cloud Platform. With this, Samsung is accelerating market adoption of mobility services of the digital economy.

SAP Vehicles Network uses the power of SAP HANA Cloud Platform for the Internet of Things and offers member companies and partners the opportunity to create new mobility services and apps for consumer use.

Last week, SAP said its revenue rose 17 percent to €4.98 billion in the third quarter ended September 30, 2015.

SAP generated €600 million (+116 percent) revenue from Cloud subscriptions and support, €1.01 billion (+7 percent) from software licenses, €2.51 billion (+12 percent) from software support, €3.5 billion (+11 percent) from software licenses and support and €4.12 billion (+19 percent) from Cloud and software.

Arya MM

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