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
TheStreet Open House

Newsbyte: SAP, Toyota InfoTechnology Center And VeriFone Connect Cars And Provide Drivers With Simplified Fueling

WALLDORF, Germany, July 1, 2014 /PRNewswire/ --  SAP NEWSBYTE — SAP AG (NYSE: SAP) today announced a co-innovation project with Toyota InfoTechnology Center USA (Toyota ITC) and VeriFone (NYSE: PAY) that will help dramatically simplify drivers' fueling experience. Currently, drivers need to deal with multiple systems to find "the right" gas stations. When they arrive, drivers must authorize payment by swiping a card and punching in various identification codes, or paying the gas station attendant with cash. With the prototype, consumers can use a one-touch, one-screen solution to navigate to the closest gas station, authorize automatic payment electronically and receive personalized coupons. The announcement was made at the 14th SAP Automotive Forum, being held July 1-2 in Leipzig, Germany.

Logo - http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO

Built on SAP HANA® Cloud Platform, the solution aggregates information on a vehicle's location, route and fuel level as well as points of interest. VeriFone provides point-of-sale (POS) solutions and Toyota ITC provides telematics data. These processes and information are integrated via the SAP® Cloud portfolio and presented in a screen on the Toyota ITC dashboard, allowing drivers to manage the entire transaction in one click. 

The use case works as follows: The driver is notified when the vehicle is low in fuel. Then, leveraging the Toyota ITC telematics system, the vehicle recommends a gas station location based on real-time context such as location and the vehicle's fuel level. It also takes into account a driver's pre-entered personal preferences such as preferred gas stations and which stations have opted in to the program. When the car arrives at the gas station and stops at the pump, the driver can authorize the transaction with a single click from their car or app on a mobile device. Gas stations may also provide discounts, loyalty points and other coupons based on the driver's profile. Once fueling is completed, the driver receives an electronic receipt. Drivers can view all previous fueling transactions and easily export them to other systems, such as an expense report.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,279.74 +13.75 0.08%
S&P 500 2,010.40 -0.96 -0.05%
NASDAQ 4,579.7890 -13.6380 -0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs