SAP Tech News for August 2019 - Safe O'Clock

SAP Tech News for August 2019

September 4, 2019

SAP is a Leader in the Gartner Magic Quadrant for Digital Commerce

It has come to light recently that SAP SE (NYSE: SAP) had been named a Leader in the Gartner Magic Quadrant for Digital Commerce (2019) for the fifth consecutive time. SAP was distinguished for its ability to execute in the Leaders’ quadrant in the 2019 report.

Gartner characterized a digital commerce platform as the “core technology that is enabling customers to purchase goods and services through an interactive and self-service experience. The platform provides necessary information for customers to make their buy decisions, and uses rules and data to present fully priced orders for payment.”

The report also states the following: “The platform must have out of the box (OOB) capability or the APIs to support a self-service, interactive commerce experience that includes: storefront, product catalog navigation, product pages, shopping cart, checkout, and customer account. The commerce product must support OOB, the ability to search for a product, add products to a cart, and fully price an order inclusive of product-level, customer-level, and order-level discounts or promotions. The commerce product must support interoperability with customer, product, content, and order functionality and data via APIs.” 

The new cloud-based product information management solution by SAP

SAP SE (NYSE: SAP) has just announced the release of SAP Product Content Hub, a new cloud-based product information management solution (PIM).

 SAP Product Content Hub was developed exclusively for providing master product data for customer-facing systems, including the SAP Commerce Cloud solution and enabling tight integration with the back office. The new user interface allows business users without IT expertise to manage high-quality product data across more than 1,500 digital marketplace, marketing and social channels. 

Nowadays, businesses are under great pressure to come up with new products and content regularly, and this becomes a real issue for companies without a modern PIM or the support of the IT department, which makes enterprises struggle with manual product implementation. SAP Product Content Hub monitors and implements changes across channels automatically. Embedded AI-driven product information extraction and image recognition create versatile content.

SAP.iO Foundry Tokyo is launching five B2B startups 

Over the next 12 weeks, SAP.iO Foundry Tokyo is going to boost several B2B technology startups in Japan. By the end of this period, the five startups will be provided by exposure to SAP technology and application programmable interfaces (APIs). They will also get access to curated mentorship and a chance to create collaborations with SAP customers. SAP.iO Foundry Tokyo will also make it possible for the employees to have access to the new SAP Leonardo Experience Center and Inspired.Lab.

Being the eighth location of SAP’s global network of top-tier startup programs, SAP.iO is SAP’s strategic business unit engaged in improving startup innovation and new business models for SAP.  It includes foundries and accelerators enabling startups to develop unique software for SAP customers.

“We see great potential in Tokyo as a startup hub for SAP customer-centric innovation and look forward to helping these entrepreneurs deliver winning outcomes and delightful experiences for SAP’s customers.”

Ram Jambunathan, senior vice president and SAP.iO managing director
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