IT Services Provider Leverages Leading In-Memory Platform to Help Banking, Engineering, Construction and Operations, and Public Sector Social Services Clients Extend Value of Existing Technology Investments; Fuel Innovation and Competitive Advantage
Working with SAP (NYSE: SAP) and in collaboration with CSC's global consulting practice and applications modernization partnership with
These solutions are designed to help companies quickly and easily move to the cloud to gain new insights, engage customers and partners in new ways, and help unleash new operating models that can drive profitability and advantage. The initial market focus will be on banking, engineering, construction and operations, and public sector social services solutions, with other industries expected to follow.
"Customers want greater innovation, optionality, speed and agility from their IT applications and are turning to hybrid cloud solutions to achieve value quickly," said CSC's
CSC will offer an enhanced range of SAP solution-enabled private cloud and hybrid cloud platforms including SAP HANA, facilitated by CSC's ServiceMesh Agility Platform (TM), to enable simplification, standardization, upgrade and migration of SAP solutions. It is anticipated that clients will benefit from the latest technologies, including SAP HANA, supported by a range of leading third-party landscape-optimization tools.
For customers using SAP solutions, CSC will deliver a full range of cloud capabilities that is planned to include:
- Rapidly deployable SAP-centric industry solutions that can be assembled to order, combining business content from CSC and SAP;
- Accelerated build-out of Software-as-a-Service (SaaS) portfolio capabilities, particularly for
- Planned introduction of CSC Cloud solutions -- powered by
"CSC and SAP have been partnering for 30 years, bringing value and innovation to customers around the world," said
CSC and SAP have cooperated to define a new global strategy for their banking software and services offerings that is intended to help reduce the risk, implementation time, and cost of modernizing business processes and IT environments.
Starting with deposits and loans leveraging SAP's world-class solutions, the initial solution aimed at the banking industry will be based on the CSC Cloud and orchestrated cloud management provided by the ServiceMesh Agility Platform. The solution will be designed to address the customer-centric experience across all channels while helping to manage regulatory reporting and risk, driving efficiency, and delivering greater choice of prioritizing transformation. It is expected that benefits will be achieved particularly related to integrated risk and finance, real-time data analytics, regulatory compliance, scale and security, application modernization, and lower overall total cost of ownership.
"For CSC, this is a natural evolution of our existing banking initiative with SAP to deliver a growing portfolio of cloud-enabled solutions powered by SAP HANA wherever appropriate," said CSC's
CSC is an SAP-certified global provider of cloud, hosting and application management services and a global value-added reseller of SAP products, services and solutions. SAP and CSC co-sell banking software and solutions. CSC has worked on more than 2,500 implementations worldwide of SAP solutions and has over 7,700 consultants focused on SAP solutions in over 50 countries. For more on CSC's alliance with SAP, go to: http://www.csc.com/global_alliances/alliances/32254-sap .
CSC and HCL earlier this year formed a strategic partnership that established a joint world-class application modernization delivery network. The initiative includes a Center of Excellence to help enterprises shift from legacy technologies to cloud-enabled platforms.
As an SAP partner for over 17 years, HCL creates value for its customers by combining its extensive product knowledge and deep industry experience with practical, results-focused services for SAP solutions. HCL has a leading consulting practice of over 5,000 consultants experienced in SAP solutions across
CSC is a global leader of next-generation information technology (IT) services and solutions. The company's mission is to enable superior returns on clients' technology investments through best-in-class industry solutions, domain expertise and global scale. CSC has approximately 79,000 employees and reported revenue of
ServiceMesh Agility Platform is a trademark of CSC.
SAP, SAP HANA and all SAP logos are trademarks or registered trademarks of
All other product and service names mentioned are the trademarks of their respective companies.
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
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