Business Services Industry
SAP Delivers Integrated Business Analytics For the mySAP Financials Solution; New Applications Suite Within mySAP.com Provides Optimal Analysis Of Entire Company Value Chain
Business Wire, June 25, 2001
Business/High Tech Editors
BASEL, Switzerland--(BUSINESS WIRE)--June 25, 2001
SAP AG (NYSE:SAP) today announced at its European mySAP(TM) Financials Conference in Basel, the availability of mySAP Financials Business Analytics, an integrated suite of analytic applications designed to enable businesses to increase efficiency and optimize profitability across functional borders and along the entire value chain.
Business Analytics represents the latest addition to the mySAP Financials solution, extending its Strategic Enterprise Management(R) (SEM(R)) capabilities for strategy and business performance management from the strategic to the operational level.
"Analytic applications extend the business processes supported by transactional applications and enable organizations to improve their management performance, discover new business opportunities and increase overall efficiencies by closing the gap between analysis, predictive simulations and execution," said Henry Morris, vice president of International Data Corp., who introduced the term "analytic application" and is speaking at the conference. "SAP is delivering a compelling solution by leveraging its business expertise to integrate its existing SEM capabilities and operational solutions into one integrated, comprehensive suite, enabling better decision-making from the top down."
Optimizing Management Efficiencies
As a comprehensive suite of integrated analytic applications (Financial Analytics, Customer Relationship Analytics, Supply Chain Analytics, Product Lifecycle Analytics and Human Resources Analytics), mySAP Financials Business Analytics will help managers and other decision-makers gain a complete picture on customer-, employee-, product development- and business-partner-related processes that impact the bottom line. In addition, companies will be able to simulate alternative approaches, optimize day-to-day business activities, and measure performance in a closed loop that integrates all aspects of operational management in real time for better, faster and more accurate decision-making. This loop is linked with the strategic enterprise management loop and balanced scorecard capabilities provided by mySAP Financials.
The common basis for all analytical applications within mySAP Financials is provided by mySAP(TM) Business Intelligence (mySAP BI). mySAP BI delivers proven data warehousing, query building and information deployment capabilities. In addition, the new solution can be accessed through SAP Portals' Enterprise Collaboration Portal offerings, which provide users with one entry point into all enterprise applications, structured and unstructured information, Web content management, collaboration tools and legacy systems in use in their business.
"With mySAP Financials Business Analytics, we will offer the first solution on the market to integrate analytic processes from different functional areas within e-business," said Hans-Dieter Scheuermann, senior vice president, mySAP Financials at SAP AG. "This enables businesses to track customer buying patterns and analyze customer profitability and customer lifetime value from a financial perspective. Businesses can then link this information with the product perspective to finally optimize supply chain management, product development activities and HR management in a market-driven outside-in approach."
Availability
The first shipment of mySAP Financials Business Analytics focuses on Financial Analytics and integrating the existing CRM analytics functionality within mySAP.com(R). It also supports operational planning tasks such as sales planning, profitability planning, resource planning and liquidity planning. Additional Business Analytics functionality will be shipped in the fourth quarter of 2001 and will include Headcount Planning and Simulation and Visual Assignments for the Modelling of Cost and Revenue Flows. Further functionality for Working Capital Management and Product Life-Cycle Planning, Plant Cost Simulation and Product Cost Simulation are planned to be available in the second quarter of 2002.
About SAP
SAP is the world's leading provider of e-business software solutions. Through the mySAP.com(R) e-business platform, people in businesses around the globe are improving relationships with customers and partners, streamlining operations, and achieving significant efficiencies throughout their supply chains. Today, more than 15,000 companies in over 120 countries run more than 36,000 installations of SAP(R) software. With subsidiaries in over 50 countries, the company is listed on several exchanges including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at http://www.sap.com)
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 "believe," "estimate," "intend," "may," "will," "expect," and "project" 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 (the "SEC"), including the SAP Annual Report on Form 20-F for 2000 filed with the SEC on March 28, 2001. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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