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SAP Intends to Join Verizon Enterprise Cloud Ecosystem to Provide Market-Leading SAP HANA Platform Across Verizon Cloud Offerings
NEW YORK, Jan. 22, 2014 /PRNewswire/ -- Verizon Enterprise Solutions today announced a memorandum of understanding with SAP that outlines plans to deploy the SAP HANA® platform in Verizon's data centers, making it available to customers across Verizon's cloud offerings, including eCloud, Managed Hosting and the new Verizon Cloud. SAP HANA is SAP's market-leading in-memory platform. This is the most recent enterprise-class service to be added to Verizon's cloud environment, as the company creates the enterprise cloud ecosystem.
Verizon brings the full power and functionality of enterprise-class technology to the cloud while providing clients flexibility and control over their cloud environment. The company is developing an ecosystem of enterprise technologies that are designed to run on Verizon's Infrastructure as a Service platform.
"Verizon is working with best-in-class technology companies to develop an ecosystem of enterprise-level, cloud-based services," said John Harrobin, chief marketing officer, Verizon Enterprise Solutions. "SAP is a market leader and provides many of the applications that power the world's largest organizations. Verizon is an enterprise cloud leader and the infrastructure of choice for many of those same customers. Providing SAP HANA is a natural evolution for us as we continue to deliver high-performing, secure and scalable cloud architecture to our clients."
SAP HANA is at the core of SAP's cloud vision and momentum, helping companies scale to new innovation and IT simplification levels. SAP HANA was introduced to the market two years ago and has since gained more than 3,000 customers.
"As cloud computing trends upward in our industry, our ecosystem will play an even more important role in our overall strategy and vision for offering a complete portfolio of cloud solutions," said Bob Grazioli, global head, Cloud Ecosystem, SAP. "Through collaboration with leading companies such as Verizon, we intend to provide our customers with even more choices to run applications developed on SAP HANA. We expect that our partners' cloud offerings will be able to offer SAP customers the world-class service and innovation they have come to expect from SAP."
Verizon Cloud, announced in October 2013 and currently in beta, provides clients with performance, flexibility and control in their cloud environment. Companies interested in learning more about Verizon's cloud infrastructure can visit the Verizon Enterprise Solutions website.
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York, is a global leader in delivering broadband and other wireless and wireline communications services to consumer, business, government and wholesale customers. Verizon Wireless operates America's most reliable wireless network, with nearly 103 million retail connections nationwide. Verizon also provides converged communications, information and entertainment services over America's most advanced fiber-optic network, and delivers integrated business solutions to customers in more than 150 countries. A Dow 30 company with more than $120 billion in 2013 revenues, Verizon employs a diverse workforce of 176,800. For more information, visit www.verizon.com.
Verizon Enterprise Solutions Online News Center: News releases, blog posts, media contacts and other information are available in Verizon Enterprise Solutions' online News Center at http://www.verizonenterprise.com/about/news. News from Verizon Enterprise Solutions is also available through an RSS feed at http://www.verizonenterprise.com/rss-options/.
SAP, SAP HANA and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.
All other product and service names mentioned are the trademarks of their respective companies.
SAP Forward-looking Statement
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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