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Thursday, January 26, 2023

TeamViewer and SAP are cooperating on digitization in industry

The two software groups TeamViewer and SAP rely on cooperation in the digital transformation in industry.
On the one hand, TeamViewer will be included in the SAP partner program, and on the other hand, the Frontline software suite will be integrated into SAP solutions. Frontline is an Industry 4.0 solution based on so-called Augmented Reality (AR).
Through the cooperation, which also includes joint marketing activities, the companies promise a “wider range of tailor-made solutions” to further digitize workplaces and processes in industry.

Stefan Krauss, SVP & GM Discrete Industries and Energy & Natural Resources at SAP, sees this as added value for the Industry Cloud introduced by SAP. Alfredo Patron, EVP Business Development at TeamViewer, speaks of the beginning of a long-term collaboration to advance the digital transformation along the entire value chain. An example of the first use cases are the support of maintenance and repair processes at SAP customers in the areas of mechanical engineering and component manufacturing.
TeamViewer Frontline is used by companies such as Deutsche Post DHL , BMW and Coca-Cola Hellenic Bottling Company.

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TeamViewer shares then temporarily rose in price by 5.23 percent to EUR 32.20 via XETRA. SAP titles also increased by 1.13 percent to 119.68 euros.

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