SAP Partners with Gurobi to Enhance and Expand Optimization Capabilities Across its Enterprise Application Software Suite
Gurobi Optimization, LLC today announced that it has been selected by SAP SE (NYSE: SAP) as the premier, enterprise-wide supplier for mathematical optimization technology, and has entered into a long-term strategic partnership with SAP to enhance and expand the use of mathematical optimization across SAP’s enterprise application software suite. As a result of the partnership, SAP and Gurobi will be able to more effectively collaborate on innovations that will improve the utilization of mathematical optimization within SAP’s software.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200513005232/en/
“Mathematical optimization continues to be an important cornerstone along with our accelerated investment into intelligent algorithms such as AI/ML,” said SAP Senior Vice President of Development for Digital Supply Chain Franz Hero. “Combining these approaches will offer our customers a differentiated set of advanced tools for better automation and decision support.”
The Gurobi Optimizer has been a key component of SAP’s supply chain management solutions since 2015.
Under the 10-year Enterprise Agreement signed by SAP and Gurobi:
- The Gurobi Optimizer is utilized by the SAP® Integrated Business Planning for Supply Chain (SAP IBP) solution. SAP will look for new opportunities to embed the Gurobi Optimizer into other applications that benefit from mathematical optimization.
- Gurobi’s R&D department will commence a strategic cooperation with SAP, and will provide focused innovation support and consulting to SAP in all matters related to mathematical optimization.
“SAP and Gurobi share the same vision: to empower companies to benefit from mathematical optimization by using it to make optimal, data-driven decisions in this era of the Intelligent Enterprise. SAP and Gurobi will be working more closely together to spearhead greater innovation and adoption of mathematical optimization across SAP’s enterprise applications,” said Dr. Edward Rothberg, CEO of Gurobi Optimization.
As the Experience Company powered by the Intelligent Enterprise, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world’s transaction revenue touches an SAP system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables more than 440,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com .
About Gurobi Optimization
Gurobi produces the world’s fastest and most powerful mathematical optimization solver – the Gurobi Optimizer – which is used by leading global companies across more than 40 different industries to rapidly solve their complex, real-world problems and make automated decisions that optimize their efficiency and profitability.
As the market leader in mathematical optimization software, we aim to deliver not only the best solver, but also the best support – so that companies can fully leverage the power of mathematical optimization (on its own or in combination with other AI techniques such as machine learning) to drive optimal business decisions and outcomes.
Founded in 2008, Gurobi has operations across the USA, Europe, and Asia and more than 2,400 customers globally including SAP, Air France, Uber, and the National Football League (NFL). For more information, please visit https://www.gurobi.com/ or call +1 713 871 9341.
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
CA-DENODO30.9.2020 08:02:05 CEST | Press release
New Denodo Platform 8.0 Accelerates Hybrid/Multicloud Integration, Automates Data Management with AI/ML, and Boosts Performance
CA-VERIMATRIX30.9.2020 07:17:12 CEST | Press release
Verimatrix Application Shielding Technology Wins CSI Magazine Award
MIRIS30.9.2020 07:02:12 CEST | Press release
Aurora Sustainability: Changing the World With the Network Effect
CELLSAFE30.9.2020 06:46:11 CEST | Press release
CellSafe and Dynasty Castle Investments Limited Signed Distribution Agreement for LAMPlexTM RT-qLAMP COVID-19 Detection Assay
BITFLYER30.9.2020 06:02:05 CEST | Press release
bitFlyer Europe Launches Cross-Border Trading with Japan to Further Consolidate Global Offering
CSTONE-PHARMACEUTICALS30.9.2020 05:24:04 CEST | Press release
CStone, Pfizer Enter into Strategic Collaboration to Address Oncological Needs in China
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom