The transaction will bring two IT leaders together to enable companies to better run mobile business processes, according to company executives.
Bill McDermott, co-CEO of SAP and member of the SAP executive board emphasized the emerging roll of mobile information workers and the step SAP is taking to meet the booming population’s business needs. “Companies need to deliver information and business in real time to make faster and better business decisions,” says McDermott. “Sybase’s business will benefit from SAP’s in-memory technology, expanding it to billions of mobile users.”
“The principal behind this transaction is growth. It will revolutionize how mobile and analytic transactions are built, driving a new wave of enterprise productivity and enabling companies to transform their businesses in an increasingly data centric and mobile centric world,” says John Chen, CEO of Sybase, Inc.
Both SAP and Sybase will benefit from synergies across product lines and markets, according to the company release. SAP will accelerate the reach of its solutions across mobile platforms and drive forward the realization of its in-memory computing vision. This will drive higher user adoption of SAP software and unlock significant business value out of existing customer investments. In addition, Sybase’s mobile platform can connect all applications and data and enable them on mobile devices.
According to the announcement SAP in-memory technology will provide the opportunity for performance improvements to Sybase’s analytic processing capabilities. Sybase will also be able to bring its complex event processing and analytics, which was built in the financial sector, to customers in industries, markets and product areas in which SAP has a complementary presence. Sybase’s core database business will be enhanced by SAP in-memory technology to deliver integrated transactional and analytical capabilities. SAP stated that it will continue its commitment to supporting leading database vendors.
Sybase will operate as a standalone unit under the name “Sybase, an SAP Company,” according to the company release. Sybase’s management team will continue to run their business unit.
Adrienne Baker is associate editor at Information Management. She can be reached at adrienne.baker@sourcemedia.com.
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