SAP Reports Increased Market Presence for its Solutions for Enterprise Performance Management

Published: 27 February 2008

(Article URL: http://www.b-eye-network.co.uk/view/)

SAP reports growing acceptance of SAP solutions for enterprise performance management and governance, risk and compliance.

SAP reported that over the past several months, more than 100 customers worldwide purchased SAP solutions for enterprise performance management with the intention to replace Hyperion solutions from Oracle. Among those customers are: Ballast Nedam N.V., Foundation Coal, KPN Telecom B.V., Rezidor SAS, Sandvik AB, Skandia Informasjonsteknologi AS and TPG Headoffice BV. SAP also reported that it expanded market presence by selling SAP solutions for GRC into new accounts including Chevron.

SAP comprehensive enterprise performance management (EPM) and governance, risk and compliance (GRC) solutions work together to further enhance business performance and help companies build a reputation for reliable, compliant and sustainable operations. SAP offers customers a comprehensive set of EPM and GRC solutions that empower organizations to address critical issues facing today’s office of the CFO.

“Existing solutions for performance management were built with the finance department of the 1990s in mind – with a patchwork of products, on old architectures, a rear-view approach to budgeting, and no links to the actual business processes,” said Sanjay Poonen, senior vice president and general manager of Enterprise Performance Management, Business Objects, an SAP company. “With continued investment and innovation in SAP solutions for enterprise performance management, we can offer modern CFOs a more compelling value proposition, especially when customers pair EPM solutions with our GRC offerings. We have seen a strong, positive response by customers, as demonstrated by the strong success SAP had during the second half of 2007.”

Comprehensive resources for business intelligence and data warehousing professionals.