This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Verizon To Add SAP HANA To Cloud Infrastructure

NEW YORK, Jan. 22, 2014 /PRNewswire/ --  Verizon Enterprise Solutions today announced a memorandum of understanding with SAP that outlines plans to deploy the SAP HANA® platform in Verizon's data centers, making it available to customers across Verizon's cloud offerings, including eCloud, Managed Hosting and the new Verizon Cloud.  SAP HANA is SAP's market-leading in-memory platform. This is the most recent enterprise-class service to be added to Verizon's cloud environment, as the company creates the enterprise cloud ecosystem.

Verizon brings the full power and functionality of enterprise-class technology to the cloud while providing clients flexibility and control over their cloud environment. The company is developing an ecosystem of enterprise technologies that are designed to run on Verizon's Infrastructure as a Service platform.

"Verizon is working with best-in-class technology companies to develop an ecosystem of enterprise-level, cloud-based services," said John Harrobin, chief marketing officer, Verizon Enterprise Solutions. "SAP is a market leader and provides many of the applications that power the world's largest organizations. Verizon is an enterprise cloud leader and the infrastructure of choice for many of those same customers. Providing SAP HANA is a natural evolution for us as we continue to deliver high-performing, secure and scalable cloud architecture to our clients."

SAP HANA is at the core of SAP's cloud vision and momentum, helping companies scale to new innovation and IT simplification levels. SAP HANA was introduced to the market two years ago and has since gained more than 3,000 customers.

"As cloud computing trends upward in our industry, our ecosystem will play an even more important role in our overall strategy and vision for offering a complete portfolio of cloud solutions," said Bob Grazioli, global head, Cloud Ecosystem, SAP. "Through collaboration with leading companies such as Verizon, we intend to provide our customers with even more choices to run applications developed on SAP HANA.  We expect that our partners' cloud offerings will be able to offer SAP customers the world-class service and innovation they have come to expect from SAP."

Verizon Cloud, announced in October 2013 and currently in beta, provides clients with performance, flexibility and control in their cloud environment. Companies interested in learning more about Verizon's cloud infrastructure can visit the Verizon Enterprise Solutions website.

About VerizonVerizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with nearly 103 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with more than $120 billion in 2013 revenues, Verizon employs a diverse workforce of 176,800. For more information, visit

Verizon Enterprise Solutions Online News Center: News releases, blog posts, media contacts and other information are available in Verizon Enterprise Solutions' online News Center at News from Verizon Enterprise Solutions is also available through an RSS feed at

SAP, SAP HANA and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.

All other product and service names mentioned are the trademarks of their respective companies.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs