SAP AG, the biggest maker of business-management software, plans to step up cooperation with Samsung Group to overcome a slump in Asia and speed its transition to cloud computing.
“Cloud is one of the future trends that we are trying to bring into Korea,” co-chief executive officer Jim Hagemann Snabe said in an interview in Seoul on Friday. “Samsung plays an important role in making sure that their handsets are optimized for SAP software.”
The Walldorf, Germany-based software giant is also in talks with Samsung rival LG Electronics Inc and mobile operators including SK Telecom Co and KT Corp to speed the adoption of its next-generation Hana database technology and cloud service in South Korea.
By expanding partnerships in Asia in areas such as cloud- based programs, SAP hopes to offset slowing demand for its older enterprise applications and counter intensifying competition. Cloud services involve offering access to computing capacity, storage or software via the Web, meaning clients do not need to maintain their own servers.
The company announced a strategic alliance with China Telecom Corp (中國電信) last month that will let SAP roll out its cloud portfolio in the world’s second-largest economy. Non-Chinese companies are not allowed to operate server farms in the country by themselves.
Huawei Technologies Co (華為) unveiled a server platform last week designed to run SAP’s fast data-crunching Hana technology.
The moves are also intended to help overcome SAP’s weakness in Asia-Pacific and Japan. That market accounted for 15 percent of SAP’s sales in the first three quarters, and was the only one in which SAP’s revenue from software licenses and cloud subscriptions fell during the period.
The company has not yet determined a successor for Stephen Watts, who oversaw the region for almost four years until stepping down in October, spokesman Jim Dever said by e-mail.
Robert Enslin, SAP’s global head of sales, is responsible for these markets in the interim.
SAP entered a long-term partnership with Samsung Electronics Co, Samsung Group’s flagship electronics unit, in October.
Under the agreement, SAP provides its mobile security and management technology to the Suwon, South Korea-based company’s security system for enterprises, called KNOX. That helps address company concerns over Android-powered devices amid increasing demand for smartphones.
SAP expects to benefit from the increasing demand for wearable devices, including sportswear or accessories.
Snabe is set to step down in May next year, leaving his co-CEO, Bill McDermott, as SAP’s sole chief executive.
Snabe said last month that the company’s plans to accelerate growth in the cloud would affect its 2015 targets.
The company aims for revenue exceeding 20 billion euros (US$27.4 billion).
Taiwanese firms have increased investment in the Philippines in recent years as Manila’s ties with Washington deepen and global supply chains continue to shift away from China, an expert at the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The Philippines had not been among Taiwanese investors’ top choices in Southeast Asia, CIER Taiwan ASEAN Studies Center director Kristy Hsu (徐遵慈) said at a seminar in Taipei. However, Taiwan’s investment in the country has grown significantly since the COVID-19 pandemic, reaching US $257 million last year, a high in recent years, she said. Although Taiwan’s total investment in the Philippines still lags
HSBC Holdings PLC is deepening its commitment to Taiwan as the economy emerges as one of the bank’s fastest-growing markets globally, driven by an artificial intelligence (AI) investment boom, expanding cross-border trade, and rising wealth creation. “The advantage that Taiwan has is a growth story linked to the semiconductor and broader AI industries, strong underlying corporate performance, and wealth creation,” said Surendra Rosha, HSBC’s co-chief executive for Asia and the Middle East, in an exclusive interview with the Taipei Times on June 2, during this year’s HSBC Taiwan Conference. That combination has helped HSBC cement its position as the most profitable international
Intel Corp regards Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) as a longstanding partner, as the US chipmaker would continue outsourcing production of advanced chips to TSMC, Intel chief executive officer Lip-Bu Tan (陳立武) said yesterday. “I don’t look at people as competitors. I look at the collaboration... Nvidia is also, you know, a good friend,” Tan told a news conference following his keynote speech at the Computex trade show in Taipei. “It’s a very trusted partnership for us... We are a big, top customer for them, and we’re going to continue doing that,” he said, referring to TSMC, the world’s largest foundry
Hon Hai Precision Industry Co (鴻海精密) yesterday said it would work with US chipmaker Intel Corp to jointly develop and deploy next-generation artificial intelligence (AI) infrastructure and intelligent computing platforms in a move to capture booming demand for AI computing systems. Hon Hai, also known as Foxconn Technology Group (富士康), said in a statement that the partnership would combine its global manufacturing scale, system integration expertise and AI data center deployment capabilities with Intel’s strengths in processor architecture, silicon technologies and software ecosystem. The companies said they plan to work on equipment used in AI data centers, including server racks powered by
RSS