SAP Working in Alt-Fuel Market

Oct. 3, 2007
Works to develop yet another vertical -- manufacturers of biofuels and renewable energy sources

Concerns over long-term energy independence and security, and increased demand due to the economic growth in emerging markets, are shaping regulatory policies around the world and promote the search for alternatives to petroleum-based fuels. This boom is driving research and development and yields a rapidly emerging biofuel industry on a global scale.

It's not surprising to see SAP AG, the world's largest business software conpany, moving into developing specialty knowledge in this booming new economic sector. SAP has been working to extend its knowledge in process industry practices and management, accelerators for adoption and deployment, and platform flexibility to enable "next-generation energy" companies to adapt and grow amid ongoing industry transformation.

There's a whole new value chain to develop in this sector. Biofuels are alcohols and esters processed from biomass such as plants, new and waste vegetable oils, and animal waste. Biofuels are blended with petroleum-based fuels and fed into the downstream distribution process to the consumer. Like any other industry, owners and operators of the emerging industry value chain -- including growers, harvesters, processors and distributors -- have a need for solutions to support these processes that are rooted in the mill, chemicals, and oil and gas industries.

For these companies, large, entrenched vendors can provide an IT infrastructure that enables optimized business processes, scalability for growth and ease of integration for the expected industry consolidation that, with this amount of money in play, is surely on the horizon.

Interested in information related to this topic? Subscribe to our Information Technology eNewsletter.

Continue Reading

Popular Sponsored Recommendations

Process Mining For Dummies

Nov. 19, 2023
Here it is. Everything you need to know about process mining in a single book, written in the easy-to-understand, hard-to-forget style that ‘For Dummies’ manages so effortlessly...

Gain a competitive edge with real-world lessons on private 5G networks

Nov. 16, 2023
The use of private networks in manufacturing applications is rapidly growing. In this paper, we present valuable insights and lessons learned from the field with the goal of enhancing...

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

Disruptive EV Technologies Are Driving New Supplier Realities

Sept. 20, 2023
Vehicle electrification is upending the automotive landscape, forcing suppliers to make critical strategic and operational decisions. Understand what that means for you in our...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!