MIMOSA Announces SAP Membership to Support Interoperability Standards
November 1, 2016 – MIMOSA, which provides information standards for physical asset management, announced today that SAP has joined the organization to incorporate MIMOSA’s industry standards on SAP® Asset Intelligence Network. Alan Johnston, president of MIMOSA said, “I am very pleased to have SAP join MIMOSA and support the Open Industrial Interoperability Ecosystem. This way, we expect that many more of the owner/operators in asset-intensive industry groups will gain business value from SAP Asset Intelligence Network running on the new SAP HANA Cloud Platform when they leverage our open standards.”
MIMOSA provides a broadly used portfolio of industry standards for physical asset management and leads the development of the Open Industrial Interoperability Ecosystem (OIIE), in cooperation with other industry standards associations. Ken Dunn from BP, who is chairman of the MIMOSA board, explained: “The OIIE incorporates a portfolio of international and industry standards which enable sustainable standards-based interoperability. It is designed to dramatically reduce the cost of integration across a heterogeneous information technology environment and to facilitate the Industrial Internet of Things (IIOT). The OIIE is even more important in economically challenging times, as it helps owner/operators reduce cost and complexity, while continuing to sustain critical programs around asset integrity management and operational risk management. SAP’s commitment to these industry standards is a major step forward in their widespread adoption.”
SAP Asset Intelligence Network will provide a global registry of industrial equipment designed to enable collaborative business models. Achim Krueger, VP of Global Solutions for the SAP Extended Supply Chain (which includes Asset Management and HSE), commented, “Being part of this interoperability standards organization will become a key support of SAP Asset Intelligence Network, benefitting our entire ecosystem of manufacturers, engineering suppliers and asset operators. The intent is to enable them to automatically exchange their asset management data and reduce manual steps in the process. This is a great example of how SAP continues to work with the industry to co-innovate new solutions that are important for our customers.”
Ken Evans, head of SAP Global O&G Business Unit, stated, “As our customers digitally transform their global operations, they need greater flexibility in their business and operations technology platforms. We view joining MIMOSA as an important step to support their ability to openly integrate SAP Asset Intelligence Network with their ecosystem of service providers. We are excited to continue our innovations with the O&G industry and to utilize standards to improve overall enterprise process efficiency and access to operational content.”
###
SAP, SAP HANA and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/corporate/en/legal/copyright.html for additional trademark information and notices.
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.
MIMOSA Information
MIMOSA is a 501 (c) 6 not-for-profit industry association which develops and publishes open, supplier-neutral industrial standards for asset intensive industries. Further information about MIMOSA can be found on its website at www.mimosa.org.
Contact:
Alan Johnston
gro.a1732072853somim1732072853@nhoj1732072853ta1732072853
2200 Jack Warner Pkwy
Suite 300
Tuscaloosa, AL 35406
