Shell and SAP Co-Innovate With the SAP HANA Platform
SAP NEWSBYTE - SAP SE (NYSE: SAP) today announced that Shell and SAP have been collaborating to develop a new well and reservoir facility management (WRFM) solution enabled by SAP HANA®. Shell recognizes the value of implementing SAP HANA as a single in-memory computing platform, which can help accelerate analytics, business processes and sentiment data processing.
“Customers such as Shell can capitalize on the opportunities that have been opened up through SAP HANA,” said Steve Lucas, president, Platform Solutions, SAP. “By co-innovating with customers, we are seeing the direct impact SAP HANA has on customer landscapes.”
Building a Customized Solution powered by SAP HANA
Shell is an innovation-driven global group of energy and petrochemical companies, which is active in more than 70 countries worldwide. In order to enhance performance of existing applications, Shell and SAP plan to collaborate to create the next-generation toolkit for well and reservoir reviews. The envisioned solution shall deliver tools and best practices empowering users to build a professional understanding of their assets and identifying opportunities in the operate phase. This aims to result in an increased early production and improved optimization of resources.
The planned WRFM solution shall integrate information from over 20 data sources in SAP HANA. SAP® BusinessObjects™ Design Studio is planned to be used to build an intuitive, HTML5-based front-end with asset hierarchy and geospatial navigation, dynamic report sets and enhanced charting features. The WRFM project is the first step toward a renovated smart solutions platform in Shell and an excellent example for leveraging the SAP HANA platform capabilities in a non-traditional SAP domain.
For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.
Dorothea Sieber, +1 (650) 849-2647, email@example.com, PDT
Cathrin von Osten, +49 (6227) 7-63908, firstname.lastname@example.org, CET
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.