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SAP Buys Leading Enterprise Mobile Development Shop and Announces $155 Million Startup Fund
It is all about HANA today at SAP’s press event in San Francisco. HANA as a real-time platform and HANA as the foundation for a major push to attract developers through a new $155 million fund for startups.
With the news comes the announcement that SAP is acquiring Syclo, the largest mobile app developer for the enterprise.
The$155 million fund will be managed by SAP Ventures and will be called the SAP HANA Real-Time Fund. SAP is also launching a $337 million database adoption fund. Its intent is to provide consulting services to customers transitioning from legacy databases.
In addition, SAP announced agreements with Adobe, Appcelerator and Sencha to provide developers with a mobile app development framework.
The Adobe news hinges on PhoneGap, the hybrid Web app run-time environment that allows developers to run native apps with Web technologies such as HTML 5.
Appelerator Titanium is an Eclipse-based IDE, SDK and library of connectors to build, test and deploy mobile, desktop and Web apps.
Sencha Touch is an HTML 5 mobile application framework. The framework allows for development on iOS, Android, Blackberry and other platforms.
SAP will have to attract developers to develop an ecosystem. Its goal is to be the number two database company in the world. Innovation is one way to get there but the path is still unclear. There are few apps that run on HANA. It will need fart more to make a dent in IBM and Oracle’s armor.
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