CaribPR Wire

Effective Software Helps Owners and Executives Manage Organizations, Maximize Profits and Fully Engage Fans

CaribPR Wire,MIAMI, Fla., Sept. 23, 2015: Carvechi Technology announced today the introduction of PaaSage for Sports and Entertainment, a big data and analytics cloud platform running on the SAP HANA® platform. Going beyond the simple venue management tools available today, PaaSage for Sports and Entertainment will help users increase top-line revenue growth and reduce bottom-line expenses with regard to tickets, concessions, merchandise, sponsorships, marketing and integrated media, and entertainment. Additionally, fan identity and preferences, team performance statistics and department management revenue information can not only be captured and monitored, but also, predictive analytics can be leveraged to dramatically increase profits. The solution is designed to be scalable and highly secure.

With PaaSage for Sports and Entertainment, league and team owners, event and venue owners, and C-level executives are provided the information they need to support sound business decisions. “This solution helps turn raw data into dollars by connecting decision makers to critical legacy data and enabling them to see its impact,” explained Donald T. Carson, Carvechi Technology’s president and CEO. “We’re able to assist professional, international and collegiate sports teams and event owners by helping them manage their data and gain valuable insights. It’s like having a virtual chief information officer.”

Utilizing provided data, advanced analytics, agile visualization and a real-time business platform, users can monitor team and player performance and create avenues for marketing and sales while tracking and predicting trends. They can create business and venue opportunities, better manage their venues and directly engage with fans year-round from virtually any location. Carvechi Technology plans to offer platforms for other industries in the near future, including healthcare and travel & hospitality.

“We’re excited that Carvechi Technology is offering PaaSage for Sports and Entertainment running on SAP HANA” said Steve Erdman, senior vice president of ISV and Platform Partnerships, SAP. “By integrating with SAP HANA, PaaSage is poised to change the game and accelerate customer adoption in the industry. This partnership marks the beginning of many exciting innovations and business opportunities.”

“We expect that this product will pay for itself and return a positive ROI,” Carson said. “It will provide high levels of information executives typically don’t have access to, especially regarding operations. They are likely to see many opportunities to save money and run their business better.”

About Carvechi Technology

Carvechi Technology (CT) is a minority-owned systems integrator providing innovative technology and near-shore development to large public and private organizations internationally. CT delivers a powerful blend of services, product knowledge and infrastructure to help its customers explore, discover and implement myriad technology products and solutions.  Based in Miami, Fla. and offering support via offices in New York, Atlanta, Los Angeles, Austin, Texas and Costa Rica, CT works closely with industry leaders including Dell; Cisco; VMware; IBM and Citrix Systems. www.carvechitechnology.com

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SAP Forward-looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (”SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

CONTACT:
Don Carson
786.556.5025
[email protected]

Carvechi Technology Creates PaaSage, a Big Data Analytics Platform for Sports and Entertainment, on the SAP HANA(R) Platform