Original1 begins business operations
Date: Tue, 02/02/2010 - 18:32
SAP, Nokia and Giesecke & Devrient (G&D) today announced that the respective antitrust authorities have approved the establishment of their joint venture, Original1 GmbH
Original1 has begun business operations on February 1. Established to deliver unique product authentication and anti-counterfeiting services across the globe, Original1 is headquartered in Frankfurt, Germany, and headed by Claudia Alsdorf, former vice president of SAP Research. The plan to form Original1 was initially announced on October 27, 2009.
"Counterfeiting is a worldwide problem that is increasing and affecting many successful companies in all industries," said Alsdorf. "Today, more than ever, companies need to combat counterfeiting before it's too late, when their company livelihood is at stake. Original1 will provide a one-stop shop for companies seeking secure services that protect them from counterfeiting, safeguard the value of their brands, and help them develop a more transparent way of working to become more sustainable."
Original1's services will rely on SAP technology and solutions, while Nokia will deliver mobile authentication software to allow businesses to follow a branded product's entire life cycle, from a factory to the end customer, using mobile devices. G&D's contribution to Original1 will consist of security solutions for the entire value chain. This comprises user authentication, end-to-end encryption of the information flow and database encryption. The solution covers the complete sales and logistic supply chain by protecting products and related product packaging by tagging them with intelligent, tamper-proof serialized product codes.
"We see a big business opportunity in brand protection services," said Antti-Jussi Suominen, general manager, Commerce, Corporate Development, Nokia. "Nokia started a mobile phone-based product authentication business program in 2006; this joint venture is a logical step in evolving that business. We will provide Original1 with the mobility expertise and related technology and believe that mobility will bring a totally new paradigm to brand protection."
"The brand protection system relies on the trust, customer and companies have in it," said Dr. Kai Grassie, group senior vice president and head of the New Business division, G&D. "Giesecke & Devrient is a partner of trust for government authorities and companies with special security requirements. This comprises areas like banknote printing and processing, as well as security products and services for the mobile communication, payment and the IT security industry. G&D will contribute its extensive expertise in high-level security technology to Original1."
Original1 will be present at SAP’s main booth in Hall 4 at CeBIT in Hannover, taking place March 2 - 6. In addition, Original1 will have its own booth at the SAP World Tour, taking place in parallel with CeBIT, at Halls 19 and 20 and also have a presentation at the Mobile World Congress together with Giesecke&Devrient (Avenue AV 103),taking place in Barcelona from February 15 - 18.