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SAP : Boosts Its Cloud Ecosystem With SAP S/4HANA Cloud SDK

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09/27/2017 | 03:27pm CET

LAS VEGAS, Sept. 26 -- SAP Software Solutions, a software manufacturer, issued the following news release:

SAP SE (NYSE: SAP) today announced general availability of SAP S/4HANA Cloud SDK running on SAP Cloud Platform.

* Allows customers, partners and ISVs to extend and develop custom applications

* Powers innovation and agility to help create new digital business models within the SAP ecosystem

The software development kit provides a simple end-to-end development experience that enables SAP customers, partners and independent software vendors (ISVs) to develop custom applications easily, extending the capabilities of SAP S/4HANA Cloud. Partners and ISVs will be able to offer new cloud solutions and capabilities to their customers and address specific vertical markets, opening a wealth of new business opportunities. The announcement was made at the SAP TechEd conference being held September 25-29 in Las Vegas.

SAP S/4HANA Cloud SDK empowers developers to create custom applications and extensions for SAP S/4HANA on SAP Cloud Platform using code samples and best-practice content. By offering seamless use of the data model and rich set of APIs provided by SAP S/4HANA, the SDK ensures rapid builds and ready-to-run applications in SAP S/4HANA Cloud. Tools test that custom applications will work with future releases of SAP S/4HANA.

"Organizations today are facing challenges to keep up with the pace of change, while maintaining core business processes and adhering to industry regulations," said Christian Pedersen, chief product officer, SAP S/4HANA Cloud, SAP. "With SAP S/4HANA Cloud SDK running on SAP Cloud Platform, developers have the tools to create and test high-quality custom solutions that foster innovation. This gives customers, partners and ISVs the opportunity to take an active role in the cloud economy and benefit from the new business that this will inevitably usher in."

One existing application built with SAP S/4HANA Cloud SDK is the SAP RealSpend solution, which enables line managers to manage spending in real time. Another extension to SAP S/4HANA Cloud that is already available helps to match invoices automatically, reducing the time spent on this task by up to 50%.

"SAP S/4HANA Cloud SDK empowered us to create an industry reinsurance software-as-a-service offering that we can quickly bring to market," said Andreas Weiss, head of business development, msg systems ag. "Our ability to tap the open data model of SAP S/4HANA Cloud on SAP Cloud Platform combined with the hands-on support and expertise of the SAP team has allowed us to create our solution seamlessly to provide a superior, timely offering for customers."

SAP Ecosystem Enables Success in the Cloud Economy

In building the SDK, SAP worked closely with more than a dozen partners to get real-time feedback. As a result, it developed a solution that allows developers to use intelligent enterprise resource planning (ERP) software from SAP to create custom applications and monetize them through SAP App Center. Beyond the technical features of the SDK, developers can connect, collaborate and co-innovate as part of the growing SAP ecosystem. This collaborative environment, supported by the experience and knowledge of SAP, helps organizations address the unique needs of their enterprise, and ultimately gain a competitive advantage in the cloud economy.

For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device - SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 355,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

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Financials (€)
Sales 2017 23 528 M
EBIT 2017 6 416 M
Net income 2017 4 065 M
Debt 2017 2 017 M
Yield 2017 1,40%
P/E ratio 2017 27,59
P/E ratio 2018 24,62
EV / Sales 2017 4,94x
EV / Sales 2018 4,57x
Capitalization 114 B
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Income Statement Evolution
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Average target price 100 €
Spread / Average Target 8,0%
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William R. McDermott Chief Executive Officer
Hasso Plattner Chairman-Supervisory Board
Christian Klein Chief Operating Officer
Luka Mucic Chief Financial Officer
Thomas Saueressig Chief Information Officer
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