Many of you have seen the news SAP has acquired the intellectual property rights of Coghead, Inc., a Silicon Valley company that provides a Platform-as-a-Service (PaaS) web development technology.
I've received a lot of questions about what this acquisition means to SAP, so I wanted to take a few moments to share my thoughts with you.
In addition to acquiring the IP rights to this cutting-edge technology, nine Coghead employees have joined my team, the Office of the CTO.
Although Coghead was a small company, it was well known in the marketplace for its engineering expertise and outstanding technology. Coghead was a true pioneer in platform-as-a-service and cloud computing in general. Coghead's IP and expertise will help SAP in various aspects of our Software-as-a-Service (SaaS) technology and application initiatives. I have always seen delivery of application capabilities from cloud as a key component of the total capability we need to deliver to our customers.
Integration of cloud-based and on-premise applications is an important challenge that we must also address. The team from Coghead bring with them considerable expertise in the area of integration. I have had the pleasure of working with the Coghead team before and I’m happy to have them join us to help shape the future of SAP product direction.
Vishal
