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.
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.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts