SAP Launches Blockchain-as-a-Service Solution

SAP announced the expansion of its SAP Leonardo Blockchain technologies, which create immediate business value for customers.

SAP provides enterprise blockchain services to build and extend applications, allows management of blockchain-related data, infuses SAP manufacturing, supply chain and other products with blockchain capabilities, and plans to advance the technology with industry peers.

According to Gartner’s study, the reasons mentioned for companies hesitating to go into Blockchain entail:

• A lack of skills to help in the implementation of blockchain projects
• Accommodation of growth in resources as blockchain developments grow
• Blockchain solutions require radical changes to the structure of IT departments

Companies do not need to fear any of these challenges with SAP as the partner of choice to conveniently explore, integrate, and scale blockchain.

SAP Cloud Platform Blockchain: Ready-to-Use Blockchain Services for Everyone

SAP launched SAP Cloud Platform Blockchain for general availability, the Blockchain-as-a-Service, empowering every customer, partner, and developer to make blockchain actionable and benefit their business. With SAP Cloud Platform Blockchain, users can:

• Extend existing solutions with enterprise blockchain capabilities
• Build their own enterprise blockchain-based application according to their specific needs
• Instantiate an enterprise blockchain network
• Lay the foundation to participate in productive enterprise blockchain installations

What is unique to SAP’s offering is that we equip our customers with maximum flexibility by providing them both Hyperledger Fabric and MultiChain, two of the most advanced and enterprise-ready blockchain technologies. This means that customers can tailor their blockchain solutions to their specific business needs.

Easy Data Management and Analysis with SAP HANA Blockchain Service

With SAP, clients can embrace blockchain capabilities as an extension of their enterprise systems. The newly launched SAP HANA Blockchain service, which is part of the SAP HANA Data Management Suite, provides easy data management with a unified view on all transactional enterprise data — no matter if it resides in core systems or in the blockchain. Additionally, the service allows customers to run powerful analytics on the blockchain data to make quick and well prepared decisions.

This service also enables the creation of applications for decentralized architectures, such as blockchain, built on top of our leading database technology SAP HANA, without the need to cope with the underlying complexities of multiple blockchain-based systems and networks.