Chinese telecoms giant Huawei has struck a deal to work with German software company SAP to develop new technologies for the nascent Internet of Things (IoT).
The companies said they will set up "joint innovation efforts" in Shenzhen, where Huawei is based, and in Walldorf in Germany, home to SAP, for IoT research.
Huawei chief strategy officer William Xu said the companies are trying to develop "a model of China-Europe cooperation". The companies have been working together since 2012 on projects including getting SAP's HANA in-memory technology running on Huawei's hardware.
The companies said that as part of the extended deal they will focus on developing packaged offerings for customers including those in the maintenance and warning services industries in China and Europe. They plan to integrate Huawei's cloud data and enterprise networking offerings with SAP's Business Suite 4, HANA, and cloud applications.
The deal was announced at the CeBIT tech show in Hannover, which this year has China as its 'country partner', reflecting increased interest from European companies that want to profit from the growing Chinese market and also Chinese companies that are looking to sell more into Europe.
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