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Newsbyte: SAP Launches Program To Drive Innovation At Universities And Research Institutions

Stocks in this article: SAP

WALLDORF, Germany, May 27, 2014 /PRNewswire/ -- SAP AG (NYSE: SAP) today announced the launch of a new program that aims to enable professors and students at universities and non-profit research institutions to advance their academic research and work with SAP using the in-memory platform for real-time computing, SAP HANA®.

SAP Logo.

"Professors and students are on the forefront of innovation, so to accelerate research and co-innovation on SAP HANA, we are opening the platform to academia," said Bernd Welz, executive vice president and global head of Solution and Knowledge Packaging, SAP. "Faculty and students working in diverse fields such as computer science, artificial intelligence, healthcare, national security, environmental sciences and smart cities will be able to advance their research and demonstrate new and innovative approaches to create a world where the Internet of Things is harnessed in real time to improve people's lives."

The program will be rolled out globally. Initially, universities will have the opportunity to cooperate with the recently announced Big Data innovation centers at University Competence Center (UCC) locations. These will enable a vibrant community of research using SAP HANA, initially in Europe, the Middle East and Africa (EMEA) and later in other regions. Universities and non-profit research institutions that partner with a Big Data innovation center at a UCC location will be designated as SAP University Alliances Innovation Labs.

In future phases, universities and non-profit research institutions with which SAP works closely will be enabled with additional offerings tailored to their use cases, including the SAP HANA Cloud Platform, the SAP HANA Enterprise Cloud service and on-premise use of SAP HANA. Additionally, institutions may be partnered with the Hasso-Plattner-Institut Future SOC Lab, which enables and promotes exchange and interaction between the research community and industrial partners.

For more information, visit the SAP University Alliances Innovation Lab website and the SAP News Center. Follow SAP on Twitter at @sapnews.

Media Contacts: Julia Fargel, +1 (650) 276-8964, julia.fargel@sap.com, PDT Cathrin von Osten, +49 (6227) 7-63908, cathrin.von.osten@sap.com, CET

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.

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