TYMLEZ Blockchain Solution Platform (TBSP) for SAP HANA Platform is ready for release
SAP is the largest enterprise server that processes approximately 77% of global transactions
Melbourne, Australia and Amsterdam, Netherlands 19 September 2019: TYMLEZ Group Limited (ASX:TYM) (TYMLEZ or the Company), a leader in enterprise software and technology solutions utilising commercial grade blockchain technology, is pleased to announce that the TYMLEZ Blockchain Solutions Platform (TBSP) for the SAP HANA® platform is ready for release.
As highlighted in the Half Year review of operations on 30th August, TYMLEZ has focused on developing solutions specifically targeting the enterprise client. The work with SAP HANA® over the last 6 months forms a cornerstone
of this multi-layer-strategy.
The completion of integration of TYMLEZ and SAP HANA® solutions, provides the capability to embed blockchain capabilities directly into the SAP HANA® stack. TYMLEZ is not aware of any other application able to be embedded inside the SAP HANA® stack and all other applications will therefore require a plug in to the SAP HANA® stack which involves replicating data or remote access of data and slower processing speed. The TYMLEZ capability is therefore more powerful by enabling clients to leverage the SAP HANA® benefits including unrivalled transaction processing efficiencies, natively within their current environment, without any data replication. The existence of TYMLEZ blockchain within the SAP HANA® Platform also facilitates the intelligent enterprise ability to embed blockchain capabilities including smart contracts within any business process.
TYMLEZ believes that SAP HANA® is the indisputable leader in near-future enterprise software solutions and will provide significant opportunities to deploy the TYMLEZ Blockchain Solutions Platform or TBSP directly into this large scale enterprise client base.
SAP is the market leader in enterprise application software, helping companies of all sizes and in all
industries run at their best: an estimated 77% of the world’s transaction revenues touches an SAP system. The SAP end-to-end solutions feature a user interface designed with optimized cloud experience. SAP Services over 400,000 customers in more than 180 countries. With more than 186 million subscribers in its cloud base, SAP reported €25 billion total revenue in FY2018.
About SAP HANA®
SAP HANA® provides the intelligent enterprise with cloud or on-premise solutions to meet the changing
and challenging landscape of technology innovation. With capability to scale cost-effectively and provide modernized agility, the SAP HANA® platform lets SAP clients perform all transactions and analytic processing in-memory. These capabilities allow clients to leverage latest technologies such as machine learning, artificial intelligence and real-time analytics, while making data instantly available from a single system. With more than 30,000 customers in Q2 2019, SAP HANA® is the market-leading platform for real-time computing.
TYMLEZ is an ASX listed enterprise software and technology company with a highly scalable, enterprise-grade solution, utilizing the key features of the blockchain combined with open source software and TYMLEZ’s proprietary intellectual property. The TYMLEZ technology enables smart contract blockchain platforms customised for businesses and which can be deployed in minutes and or implemented via partners within an enterprise or across a consortium. The TYMLEZ technology meets key enterprise requirements of scale, robustness and security and can retrieve data from the customer’s legacy systems. This scalable platform which enables accelerated development, management, and deployment of enterprise blockchain applications.
TYMLEZ technology is currently deployed with a number of customers across Europe, Asia and Africa. There are also a growing number of highly credentialled industry partners working with TYMLEZ to drive sales and support the rollout, including Hewlett Packard enterprise; SUSE, the world’s largest integrator of SAP solutions; Plantation, a Boston Consulting Group division.; and CGI. Today, TYMLEZ is building a number of use cases for customers to leverage across asset tracking, secure document handling, KYC and HR onboarding, Market Settlement, and Loyalty Programmes.
Tel. +61 3 9191 0135
David Allen/John Granger
Tel. +61 2 9103 9494