OREANDA-NEWS. December 06, 2017. SAP SE (NYSE: SAP) today announced the opening of a new SAP Co-Innovation Lab at its North America headquarters in Newtown Square, Pennsylvania.

SAP Co-Innovation Lab locations provide infrastructure and space for SAP and its partners and customers to co-innovate new solutions to the most pressing challenges organizations face in the digital economy. This new lab, SAP’s second in North America, will have a specific focus on creating business applications that deal with emerging technologies, such as the Internet of Things and Big Data analytics.

Through collaborative framework and emphasis on co-innovation, these SAP labs accelerate the creation of new solutions that span multiple industries. With benefits that include project support, reduced development costs and shorter time to market for new applications, SAP’s partners will be able to provide more value to customers, generate new business and build new alliances. Customers will also be able to take direct advantage from additional access to expertise and technology to transform ideas into solutions at a much quicker pace.

The new SAP Co-Innovation Lab in Newtown Square brings SAP’s global total to 15, with others located in Germany, Brazil, India and China, among other places. The first was opened in 2007 in Palo Alto, California.

These labs are a testament to the important role SAP’s partners play in a customer’s digital transformation journey. Whether it’s the business challenges of today or the anticipated ones of tomorrow, SAP enables its partners to provide customers value in the digital economy.

“Co-innovation builds an agile and vibrant partner ecosystem that drives value through external expertise in digital technologies, hardware and networks,” said Rodolpho Cardenuto, president, Global Channels & General Business, SAP. “Today with the launch of the co-innovation lab on the U.S. East Coast, we are strengthening the innovative power of SAP and its partners in North America by expanding our digital ecosystem in the region.”