TMCnet News
SAP Named a Market Leader in Business Performance Solutions by Independent Research Firm(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 14 October 2014 Release date- 09102014 - SAP AG (NYSE: SAP) today announced it has been named by independent analyst firm Forrester Research as a leader in business performance solutions (BPS) in a new report. In the November 2009 report - 'The Forrester Wave: Business Performance Solutions, Q4 2009' - SAP was positioned as a leader and ranked with the strongest overall current offering out of 10 other vendors. SAP BusinessObjects enterprise performance management (EPM) solutions were evaluated on the following core BPS capabilities: planning and budgeting; financial consolidations; cost and profitability management; and strategy and performance measurement applications. Through vendor surveys, product demonstrations and customer-reference surveys, Forrester Research's 89-criteria evaluation of BPS vendors found that SAP achieved the highest overall score for its current offering. On a scale of zero to five, the current offering from SAP earned a 4.38, the highest score achieved by companies evaluated in the report. Below are key comments from the Forrester Research report about why SAP is a leader in the market: 'By combining its BPS assets with those of Business Objects of nearly two years ago, SAP has developed first-rate capabilities in each of the four BPS core components, as well as an evolving set of analytical applications.' 1 'Each of the four BPS components scored first or second in its respective category within the current offering criteria.' 1 'SAP continues to move the portfolio forward with a road map to achieve user interface harmonization with a common process engine and metadata management.' 1 SAP BusinessObjects EPM solutions help companies benefit from increased levels of strategic alignment, making performance more predictable and ultimately driving more confident decisions. SAP BusinessObjects EPM solutions are optimized for both SAP and non-SAP environments across multiple lines of business, including finance, supply chain and procurement. The portfolio includes solutions for strategy management; planning, budgeting and forecasting; financial consolidation; and profitability and cost management. The solutions are also integrated with SAP BusinessObjects business intelligence (BI) solutions and SAP BusinessObjects governance, risk, and compliance (GRC) solutions to further help companies close the gap between strategy and execution. 'The Forrester BPS Wave report reflects the breadth and maturity of our performance management suite, which is focused on the business user and designed for both SAP and non-SAP customers,' said Stephanie Buscemi, vice president of Marketing, Enterprise Performance Management and Governance, Risk, and Compliance, SAP AG. 'By bringing together the traditionally disparate disciplines of GRC, EPM and BI, the suite empowers today's business users with the insight and clarity they need to optimize business performance. Our position as a leader in the market and top score for current offering underline SAP's commitment to providing a truly differentiated and proven performance management suite to our customers.' For additional information on SAP BusinessObjects EPM solutions, please visit www.sap.com/epm. 1 Per the Forrester Research report: 'Our evaluation of current capabilities focused on the business process capabilities for budgeting, strategic planning, forecasting, financial consolidations and reporting, strategy management, performance measurement (e.g., scorecards and KPIs), cost and profitability management, and analytics applications. We also placed significant emphasis on technical capabilities including the BI foundation as well as customer references.' 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. Copyright 2009 SAP AG. All rights reserved. SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary. For customers interested in learning more about SAP products: Global Customer Center: +49 180 534-34-24 United States Only: 1 (800) 872-1SAP (1-800-872-1727) Contacts: Scott Behles, SAP, +1 (917) 494-2009, [email protected], EST Jeff Shadid, Burson-Marsteller, +1 (214) 224-8419, [email protected], CST (c) 2014 Electronic News Publishing - |