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SAP Sap SE

181.08
0.40 (0.22%)
15:19:31 - Realtime Data
Share Name Share Symbol Market Type
Sap SE TG:SAP Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.40 0.22% 181.08 180.94 180.96 181.70 178.96 180.48 27,583 15:19:31

SAP Executive John Wookey Details Large Enterprise On-Demand Strategy at SIIA On-Demand Conference

16/06/2009 9:00am

PR Newswire (US)


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WALLDORF, Germany, June 16 /PRNewswire-FirstCall/ -- Furthering its commitment to become a leader in the on-demand software space, SAP AG (NYSE: SAP) recently announced the first details of its on-demand strategy for large enterprises. Dedicated to its installed customer base, on-demand software for large enterprises from SAP is planned to consist of function-specific software applications, available by subscription, which plug directly into a customer's on-site SAP(R) Business Suite software. The strategy was unveiled by John Wookey, executive vice president of Large Enterprise On-Demand at SAP, during his keynote presentation titled "Next Generation OnDemand" at SIIA On-Demand Europe 2009. (Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a) Wookey said SAP's large enterprise on-demand offering will help its customers innovate faster and extend the value of their current investments in SAP Business Suite. For example, the integration of data and processes helps ensure consistency with system and business configurations between the SAP Business Suite software and on-demand solutions from SAP. As a result, customers avoid many data sharing and integration issues that occur when dealing with disparate best-of-breed software-as-a-service (SaaS) applications or on-site software applications. Wookey also made it clear that SAP sees on-demand as the next big evolution in the IT industry, as well as confirmed the company's full commitment to this technology, which will also allow faster turn-around of customer requirements and closer collaboration between customers and vendors. In addition: -- All large enterprise on-demand applications will be powered by the Java-based Frictionless platform SAP gained through the Frictionless acquisition three years ago. -- For large enterprises, SAP currently offers the SAP(R) Customer Relationship Management (SAP CRM) on-demand solution, the SAP(R) E-sourcing on-demand solution, and cap and trade software through the Clear Standards acquisition (see "SAP to Acquire Carbon Management Solution Leader Clear Standards, Inc."). Additionally, expense management software is expected to be launched in mid-2010. -- The on-demand offering for large enterprises is part of a portfolio of solutions dedicated to different target groups, also including SAP(R) Business ByDesign(TM), an integrated on-demand solution dedicated to the midmarket, and the SAP(R) BusinessObjects(TM) OnDemand offerings-Crystal Reports(R) software, the SAP(R) BusinessObjects(TM) Information OnDemand portal and the SAP(R) BusinessObjects(TM) BI OnDemand solution-dedicated to business users small to large. For more information on on-demand software for large enterprises from SAP, please see John Wookey's keynote address given on June 10, 2009, at SIIA On-Demand Europe 2009. 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 (C) 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: Shabana Khan, +1 (650) 461-1332, , PDT Hilmar Schepp, +49 (0) 6227 7-46799, , CET http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a http://photoarchive.ap.org/ DATASOURCE: SAP AG CONTACT: Shabana Khan, +1-650-461-1332, , PDT, or Hilmar Schepp, +49 (0) 6227 7-46799, , CET, both of SAP AG Web Site: http://www.sap.com/

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