For Immediate Release
Dr. Susan J. Duggan
Chief Executive Officer
Silicon Valley World Internet Center
SAP CORPORATE RESEARCH TO BE
FOUNDING MEMBER AND CHAIR OF
SMART ITEMS BUSINESS FORUM
SILICON VALLEY WORLD INTERNET CENTER
PALO ALTO, Calif. May 27, 2003 - SAP Corporate Research
today announced they will join the Smart Items Business Forum (SIBF)
at the Silicon Valley World Internet Center (http://www.worldinternetcenter.com)
and will serve as the founding chair of the rotating Board of Advisors.
The Smart Items Business Forum (SIBF) will convene corporate and
government representatives to identify and fully leverage Smart
Items business scenarios with the highest possible return on investment
(ROI) for enterprise-scale customers.
"It's not enough to know how Smart Items technology will work,"
says Prof. Dr. Lutz Heuser, vice president of SAP Corporate Research
and chief development architect. "We also need to understand the
business impact that this technology will generate. There are many
industry segments that will be affected by Smart Items technology.
The Silicon Valley World Internet Center is starting a Smart Items
Business Forum where we will discuss the business objectives of
such a Smart Items infrastructure in much more detail than the technical.
SAP Corporate Research has agreed to be the founding member and
chair of this Forum. We hope that others will join this Forum to
contribute to a lively discussion about how business will be impacted
and change because of Smart Items."
"We are very pleased that SAP Corporate Research had the vision
to be the founding member and chair of the Smart Items Business
Forum," said Susan Duggan, CEO of the Silicon Valley World Internet
Center. "The time is now to work across industries to glean the
business return that Smart Items technology and infrastructure will
bring to the enterprise. The Smart Items Business Forum will provide
that neutral ground for shaping the future of high business return
in this space."
The forum will advance the understanding of the specific value
dynamics of Smart Items in order to optimize ROI, identify and promote
vertical market opportunities, identify and promote related innovative
technologies and foster strategic partnerships, especially between
software and hardware companies.
SAP Corporate Research will be the founding chair of the Forum,
which is open for membership to all companies and government officials
who will act as a rotating board of advisors and members. The founding
Board of Advisors will consist of five key companies in the Smart
Items space. Positions on the Board are available. Four sessions
are currently planned by the SIBF for the Summer of 2003. As the
membership in the Forum grows, members and advisors will inform
the creation of further sessions.
ABOUT THE CENTER
The Silicon Valley World Internet Center is a for-profit corporation
for the advancement of Internet-related technologies and market.
A dynamic think tank and showcase, the Center leverages strategic
knowledge and relationships for the benefit of its clients. In its
seventh year in the Silicon Valley, the Center provides a multi-corporate
forum and the professional facilitation for the validation of products,
technologies, and strategic directions for producers of technologies