Regulatory Filings • Mar 17, 2015
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Corporate | 17 March 2015 16:33
GEA Group Aktiengesellschaft: GEA and SAP Collaborate to Simplify the Internet of Things
GEA Group Aktiengesellschaft / Key word(s): Alliance/Product Launch
2015-03-17 / 16:33
GEA and SAP Collaborate to Simplify the Internet of Things
Düsseldorf/Hannover, March 17, 2015 – SAP SE today announced an Industry 4.0 implementation project with GEA to address condition monitoring and predictive maintenance. Over the last months, SAP and GEA have been working together to bring machinery and engineering knowledge to the integrated, scalable and high-performance cloud offering based on the SAP HANA (R) software. This announcement was made at CeBIT 2015 being held March 16-20 in Hanover, Germany.
“We at GEA aim at strengthening and further developing our outstanding market position through continuous innovation,” said Jürg Oleas, CEO of GEA. “This means that we offer state-of-the-art, highly innovative products that serve as technological pacesetters for the entire market. With this cooperation and the new SAP solution, we are enhancing the processes of our customers to a new level of efficiency.”
GEA intends to work with SAP on a project to optimize the performance of its separator and decanter machinery with the SAP (R) Predictive Maintenance and Service solution, cloud edition. Based on SAP HANA (R) Cloud Platform, the solution is intended to bring together technology, sensors and machine data with business processes, applications and practices. The anticipated outcome of the project aims to reduce structural complexity and increase operational excellence to help companies reduce cost and foster growth in existing and new markets.
GEA will use SAP Predictive Maintenance and Service, cloud edition, to help its remote service technicians monitor the status of machines located at GEA customer sites and identify unusual trends or machine behavior in real time. Integration of the Internet of Things (IoT) services of SAP HANA Cloud Platform will allow for machinery data to be collected. This data can then be enriched with business information from the SAP Business Suite software deployed at GEA. With SAP Predictive Maintenance and Service, cloud edition, GEA intends to offer new innovative services including modular service-level agreements, warranted availabilities and insurance to its customers. Planned innovations from SAP in the areas of vibration and predictive analysis will further complement the solution. The solution is expected to provide GEA the flexibility to add more machines and further product groups over time.
“As Industry 4.0 unfolds, there will be new business opportunities for manufacturers driven by software-leveraged sensor data,” said Bernd Leukert, member of the Executive Board of SAP SE. “Organizations that start thinking now about how to incorporate innovation into manufacturing will have a distinct competitive advantage. Our cooperation with GEA intends to help the industry better cope with changing industry requirements so they can increase demand for products that match customer expectations precisely. We look forward to continuing to collaborate with GEA to help our customers enable real-time decisions, and enhance customer satisfaction and loyalty by connecting people, machines, products and services across the world.”
About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 282,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com .
About GEA Group
GEA Group Aktiengesellschaft is one of the largest suppliers for the food processing industry and a wide range of process industries that generated consolidated sales of approximately EUR 4.5 billion in 2014. As an international technology group, the Company focuses on process technology and components for sophisticated production processes in various end-user markets. The Group generates more than 70 percent of its revenue in the sustainably growing food industry. As of December 31, 2014, the Group employed more than 18,000 people worldwide. GEA Group is a market and technology leader in its business areas. The Company is listed in Germany’s MDAX stock index (G1A, WKN 660 200). In addition, GEA is a constituent of one of the MSCI Global Sustainability Indices. Further information is available on the Internet at www.gea.com .
If you do not want to receive any further information from GEA Group Aktiengesellschaft, please send an email to [email protected] or call us.
Contact:
GEA Group Aktiengesellschaft
Phone +49 (0)211 9136 1492
Fax +49 (0)211 9136 31087
www.gea.com
2015-03-17 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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| Language: | English |
| Company: | GEA Group Aktiengesellschaft |
| Peter-Müller-Straße 12 | |
| 40468 Düsseldorf | |
| Germany | |
| Phone: | +49 (0)211 9136-0 |
| Fax: | +49 (0)211 9136-31087 |
| E-mail: | [email protected] |
| Internet: | www.gea.com |
| ISIN: | DE0006602006 |
| WKN: | 660200 |
| Indices: | MDAX |
| Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich; Regulated Unofficial Market in Hanover, Stuttgart |
| End of News | DGAP News-Service |
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| 334185 2015-03-17 |
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