SAP Marks 25 Years in Asia Pacific

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE


  SAP Marks 25 Years in Asia Pacific 
SAP SE has announced its plans to expand innovation capabilities in Singapore with an SAP Innovation Center by the end of 2014, focusing on delivering breakthrough innovations around Smart Cities, Industry 4.0, Healthcare and Digital Consumers.
In an increasingly networked economy powered by smart devices, the SAP Innovation Center aims to foster local economic opportunities by identifying untapped market and customer needs and creating new innovative, user-centric products. This involves co-innovation with SAP customers and partners as well as research collaboration with local universities. Further fuelling the startup ecosystem, the center will provide local startups with the latest technologies and offer market access to expand their reach.
"While our technology is very sophisticated, it actually delivers a dramatically simplified IT landscape that benefits our customers," said Rob Enslin, Executive Board Member and President of Global Customer Operations at SAP. "It ties in with our ‘run simple’ philosophy, which includes simplifying our products and by extension, makes it easier for customers to take advantage of SAP technologies. In line with our vision to improve lives, this SAP Innovation Center will deliver a constant stream of innovative software solutions to tackle the great challenges of our time."
SAP is also tapping on the increasingly vibrant IT ecosystem across the region to identify ideas at an early stage and leverage access to a large pool of the brightest young talent. Under the SAP University Alliances Student Entrepreneurship program, students can develop new solutions across SAP’s technologies leveraging in-memory platform SAP HANA, the SAP Mobile Platform and analytics capabilities. The students will gain access to these technologies, SAP experts, mentors and an entrepreneurship curriculum. Launched globally in March, the Student Entrepreneurship program was recently announced in Australia, Singapore and India and will be introduced in Japan and Korea later this year.

Comments

Post a Comment

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

Image
The board of directors of Tata Sons, at its meeting has unanimously appointed N Chandrasekaran as executive chairman, Tata Sons. N Chandrasekaran shall take charge from February 21, 2017. The board of Tata Sons said, “Chandrasekaran has demonstrated exemplary leadership as the chief executive officer and managing director, Tata Consultancy Services. We believe he will now inspire the entire Tata group to realise its potential acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata group which have stood it in good stead.” Chandrasekaran was the chief executive officer and managing director of Tata Consultancy Services since 2009. A Tata lifer, he had joined the company in 1987 and was appointed as a director on the board of Tata Sons on October 25, 2016.
Read more

Fake GST invoice scam; 215 people arrested, ₹700 cr recovered

Image
Fake GST invoice scam; 215 people arrested, ₹700 cr recovered:  The   Directorate General of GST Intelligence (DGGI)   has recovered more than ₹700 crore from the arrested 215 people and in the last two months. The individuals who have been arrested for   GST fake invoice frauds   and are fly-by-night operators who fraudulently avail, pass on and utilize input tax credit (ITC) in multi-layered scams. The GST intelligence authorities have also registered over 2,200 cases and have unearthed more than 6,600 fake   GSTIN   entities. “Out of the 215 arrests so far there are 71 masterminds, 81 proprietors, 36 director/managing directors, 15 partners, 3 CEOs, 6 chartered accountants and one each of company secretary, broker, and GST practitioner,” the statement said.   The recent usage of data analytics, data-sharing and AI along with BAFTA tools has helped the agency to detect fraudsters with precise inputs. The DGGI in its statement also said that the arrested include several managing dir
Read more

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium

Image
Visa buys NFT based CryptoPunk and paid $150,000 in Etherium:  Leader in the digital payments   Visa   has purchased a digital CryptoPunk for $150,000, marking the company's first ever   NFT   purchase. The deal is clearly shows that, Visa is stepping into the world of NFTs with its purchase of   CryptoPunk 7610 .   Going forward, NFTs and Visa to align and integrate them in new brand strategy to gain a sizable market share. However, NFTs have often been compared to physical collectible items like rare trading cards and works of art.   The CryptoPunk 7610, which feBlatures a female punk with a mohawk and large green eyes. "We envision there could be a future where your crypto address becomes as important as your mailing address," Visa's Head of Crypto said.   An NFT - which stands for non-fungible token - is a unique digital asset designed to represent ownership of a virtual item. Unlike bitcoin and other cryptocurrencies, NFTs can’t be exchanged like-for-like with an
Read more