WALLDORF, Germany, Nov. 4, 2014 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that Mitsui Knowledge Industry Co. Ltd. (MKI) started a new forecasting and analysis service using SAP HANA® Enterprise Cloud, a managed cloud service provided by SAP. MKI will utilize the service as an opportunity for all-round promotion of services using the capabilities of SAP HANA Enterprise Cloud and the SAP HANA platform, an in-memory data management and application platform.
The new service will be provided in a service-as-a-solution format, based on the high availability and performance of SAP HANA Enterprise Cloud and the extensive range of forecasting and predictive analytic capabilities natively available in SAP HANA. It will enable high-precision forecasting of market conditions and other situations, by importing data from the SAP® ERP application and other systems within businesses, together with external data such as macroeconomic indices, into SAP HANA on SAP HANA Enterprise Cloud. In addition, MKI will offer high-level consulting with customers to enhance forecasting precision.
"We're looking forward to providing this new service to the Japanese market and improving the customer's forecasting, simulation and predictive capabilities," said Hiroyuki Takaoka, general manager of ERP Sales Division, MKI. "With SAP HANA, the power of real-time business and our service, we are ready to fulfill the growing enterprise need of precision forecasting across the industry."
MKI's Initiatives Involving SAP HANA and SAP HANA Enterprise Cloud
MKI has conducted technology verifications for SAP HANA since the 2010 debut of the platform and accumulated extensive technical expertise with SAP HANA through advanced applications that include cancer genome analysis, line-of-flow analysis and demand forecasting solutions.
In the lead-up to the opening of a data center in Japan by SAP Japan in April 2014, MKI has built up additional expertise since the start of 2014, using the SAP HANA Enterprise Cloud service at SAP SE in Germany. Based on such know-how, MKI plans to further develop the solutions it provides, using SAP HANA Enterprise Cloud and SAP HANA as a basis.
To learn more about SAP HANA, visit www.saphana.com
For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.
Media Contact:
Julia Fargel, +1 (650) 276-8964, [email protected], PST
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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SOURCE SAP SE
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