Munich — Soley announced today that its Product Mining Platform is now available on the SAP® Store site and is part of SAP’s industry cloud portfolio for the manufacturing industry.
Soley’s Product Mining solution leverages integration capabilities of SAP Business Technology Platform (SAP BTP) to integrate with SAP S/4HANA, SAP ERP Central Component, SAP Business Warehouse, SAP BW/4HANA and SAP HANA solution using SAP Datasphere to deliver business value to customers as part of SAP’s industry cloud portfolio for the manufacturing industry.
“Being part of the SAP.iO Foundry program and SAP's industry cloud portfolio has greatly expanded the possibilities for Soley,” said Alexander Springer, CEO Soley. “We believe that our unique Product Mining Platform will greatly advance the digital experience in the manufacturing industry. We will continue to deepen our partnership with SAP and support manufacturing companies around the world as a leading company in the digitization of information and its data utilization."
The integration between Soley’s platform and SAP solutions enables customers to:
- Unlock potential of up to 50% EBIT increase. Companies can discover and manage optimization potential with ready-to-use value patterns, to make the business more profitable, and competitive.
- Reduce Internal Complexity by up to 80%.
- Protect their business with a digitized preventive approach to secure the supplier base and adjust stock management and make-or-buy decisions.
- Identify their core business and all critical dependencies throughout the entire value chain.
To enable companies to become intelligent enterprises, SAP is expanding its vertical solutions with an ecosystem of industry cloud solutions. The solutions leverage SAP Business Technology Platform (SAP BTP), with advanced technologies, and are interoperable with SAP’s intelligent suite. Soley is working with SAP to create offerings that meet specific, manufacturing industry requirements to provide customers with tools to help achieve positive business outcomes. Learn more at SAP Store.
Initially participating in the SAP.iO Foundry Berlin program on Industry 4.0, Soley delivers solutions that can simplify customer complexities while reducing risk and accelerating digital transformation in the manufacturing industry. Consider the Soley Product Mining Platform if you want to overcome supply bottlenecks, stagnant growth, or growing complexity. The goal of Product Mining is to transform complex product data into actionable insights to achieve more growth, resilience, innovation, sustainability, and profitability.
“The Soley Product Mining solution developed by Soley complements our portfolio and enables value of solution for our customers,” said Sayan Bose, head of Industrial Manufacturing, Industry Business Unit, SAP. “This is a prime example of how co-innovation between our organizations can deliver value for customers. We look forward to continued collaboration with Soley to create innovative cloud solutions and applications for customers who want to drive cost-effective and sustainable growth in their industry.”
About Soley
Soley is the leading SaaS company for product mining. Soley transforms complex product data into actionable insights and helps companies make and implement better decisions faster in an environment of complex product diversity. So that companies become more agile, sustainable, resilient and successful in the long term.
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