SAP Plans to Bolster Korean Alliances to Hasten Cloud Switch
December 6, 2013
Grazed from Bloomberg. Author: Jungah Lee & Cornelius Rahn.
SAP AG (SAP), the biggest maker of business-management software, plans to step up cooperation with Samsung Group to overcome a slump in Asia and speed its transition to cloud computing. “Cloud is one of the future trends that we are trying to bring into Korea,” co-Chief Executive Officer Jim Hagemann Snabe said in an interview in Seoul today. “Samsung plays an important role in making sure that their handsets are optimized for SAP software.”
The Walldorf, Germany-based software giant is also in talks with local Samsung rival LG Electronics Inc. (066570) and mobile operators including SK Telecom Co. and KT Corp. to speed the adoption of its next-generation Hana database technology and cloud service in South Korea…
By expanding partnerships in Asia in areas such as cloud-based programs, SAP hopes to offset slowing demand for its older enterprise applications and counter intensifying competition. Cloud services involve offering access to computing capacity, storage or software via the Web, meaning clients don’t need to maintain their own servers…
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