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4-Traders Homepage  >  Equities  >  Xetra  >  SAP    SAP   DE0007164600

SAP (SAP)
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SAP : Expands Availability of SAP HANA, Express Edition, in the Public Cloud

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09/27/2017 | 09:46am CEST

The announcement was made at the SAP TechEd conference, being held September 25-29 in Las Vegas.

'It has never been easier for the huge development communities using public clouds to experience the power of SAP HANA,' said Daniel Schneiss, senior vice president and global head of SAP HANA development, SAP. 'SAP HANA, express edition, is designed so developers can quickly start building powerful data-driven applications that deliver unforeseen insights from live data, using their programming language of choice. We will continue to expand cloud options for SAP HANA, offering developers the flexibility to choose the cloud platform that they prefer.'

With thousands of developers already using SAP HANA, express edition, since its introduction in September 2016, this offering has become a popular choice for application developers seeking to process a wide variety of data and algorithms in memory. They are using the express edition to build smart applications and analytics solutions that can uniquely combine transactional and advanced analytical processing on a single copy of data from anywhere.

Winners of the Intelligent App Challenge

SAP and Google Cloud also announced the results of the Intelligent App Challenge, which kicked off at the SAPPHIRE NOW conference in May 2017. The winners and finalists demonstrated in-depth collaboration to build innovative business applications on Google Cloud Platform using SAP HANA, express edition:

  • VASPP created an app for easy charting of diverse SAP-sourced data for business analytics. The app uses SAP HANA and Google machine learning technology to recommend key performance indicators for measurement.
  • BOHH Labs created an app that secures data in transit to avoid breaches and increase compliance. It is designed to increase user productivity through natural language speech-to-text and text-to-command inputs.

The contest finalists include Infosys, Mexbalia and SmartDocs.

To get started with SAP HANA, express edition, visit SAP Developer Center.

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

Media Contacts:
Susan Miller, SAP, +1 (610) 661-9225, [email protected], ET
Scott Malinowski, SAP, +1 (617) 538 6297, [email protected], ET
Adam Novak, PAN Communications, +1 (617) 502-4300, [email protected], ET

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.
© 2017 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

SAP SE published this content on 27 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 September 2017 07:44:09 UTC.

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Financials (€)
Sales 2018 24 509 M
EBIT 2018 6 918 M
Net income 2018 4 373 M
Debt 2018 1 511 M
Yield 2018 1,44%
P/E ratio 2018 27,24
P/E ratio 2019 24,03
EV / Sales 2018 5,07x
EV / Sales 2019 4,58x
Capitalization 123 B
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Mean consensus OUTPERFORM
Number of Analysts 36
Average target price 107 €
Spread / Average Target 6,8%
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Managers
NameTitle
William R. McDermott Chief Executive Officer
Hasso Plattner Chairman-Supervisory Board
Christian Klein Chief Operating Officer
Luka Mucic Chief Financial Officer
Bjoern Goerke Chief Technology Officer
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