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| Samsung SDS CEO Chung Yoo-sung, left, with SAP senior executive Bernd Leukert after the two agreed to promote enterprise computing systems. They signed an agreement at Samsung SDS's headquarters in Jamsil, southeastern Seoul, late Tuesday. / Courtesy of Samsung SDS |
By Kim Yoo-chul
Samsung SDS, the information technology unit of Samsung, said Wednesday that it is seeking to find new business opportunities focusing on the enterprise cloud computing system segment with SAP of Germany.
SAP is a long-time business partner of Samsung SDS, and has been letting it manage some of its qualified software content at data centers in Korea.
In a statement, Samsung SDS said it has agreed with SAP to offer cloud computing systems based on SAP software, which could be applied to finance, sales and procurement at lower costs.
A Samsung spokesman said the company was expecting the partnership to win new corporate customers in Asia that want to use low cost cloud computing systems.
"We are proud to announce our partnership with Samsung SDS in the enterprise cloud, one of SAP's core services," said Bernd Leukert, a member of the executive board for SAP's Products & Innovation. "Through diverse solutions designed for various lines of business, we will further support our customers and partners in establishing a solid foundation for the cloud environment."
Samsung Group's technology affiliates are using modified SAP-developed enterprise resource planning (ERP) systems under authorization of SAP. In return for letting Samsung modify SAP's ERP systems in accordance with "Samsung Ways," SAP has won lucrative contracts with Samsung affiliates.
"The collaboration with SAP will help Samsung SDS find new business opportunities in an area of the corporate cloud systems segment and expand business in relevant areas," Samsung SDS CEO Chung Yoo-sung said.
Samsung SDS earlier said it will spin off the company's key businesses in what officials say is a move to make the firm lighter before some of its segments are acquired by Samsung Electronics amid the ongoing moves by Samsung headquarters to streamline its business divisions.
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