This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

SAP Delivers On Its One Cloud Strategy





MADRID, Nov. 14, 2012 /PRNewswire/ -- Since launching its cloud strategy at SAPPHIRE® NOW from Orlando in May 2012, SAP AG (NYSE: SAP) has infused the cloud DNA of SuccessFactors, an SAP company, into its cloud business to create the most comprehensive portfolio of cloud solutions in the industry. SAP offers 20 solutions and suites in the cloud, designed to optimize a company's most critical assets — people, finances, customers and suppliers. As an integral part of SAP's cloud strategy — together with platform, social and the business network — today, SAP cloud solutions are generating an annual US$1billion revenue run rate, have a 14-fold billings growth rate and boast 20 million users across more than 6,000 customers in the cloud. The announcement was made at SAPPHIRE® NOW + SAP® TechEd, being held as a co-located event in Madrid from November 13-16.

(Logo:  http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO)

"We are passionate about delivering beautiful, robust and reliable cloud applications that work the way our customers do," said Lars Dalgaard, member of the SAP Executive Board. "I announced our cloud strategy acceleration six months ago and since then the response and traction we've seen in the market has been monumental. SuccessFactors grew by 92 percent year over year, SAP Business ByDesign subscription billings at 300 percent year over year, companies are embracing SAP Jam as a productivity tool with more than 8 million users. And we're just getting started. There is so much more to come as we continue to innovate across our cloud portfolio, applying user and mobile-first design principles, to meet our customers' business needs — and most importantly delight our customers' end users."

Line-of-business applications running on SAP Cloud together with the suite solutions — SAP Business ByDesign® and SAP® Business One OnDemand — are empowering people through a consumer-grade user experience, purposeful collaboration and insightful analytics for managers across all areas of the business. Today, SAP announced examples of the significant sales and development momentum across the entire suite of cloud solutions.

Employee Central: The Only Core HR Solution in the Cloud "Glocalized" for Today's Businesses

Leveraging the extensive in-country experts of SAP, SuccessFactors is going beyond high-level globalization to deliver an unprecedented "glocalized" core human resources (HR) cloud solution that makes it easy to do business globally. SuccessFactors Employee Central is the foundation of the Business Execution (BizX) suite. It is the only cloud core HR solution today glocalized in 10 countries — Australia, Brazil, Canada, Germany, India, Mexico, the Netherlands, Switzerland, UK and U.S. The glocalized approach is planned to expand to more than 50 countries. With Employee Central, customers can access and manage one global system of record, fine-tuned to meet local needs, better accelerating global business results.

Sonova Group, a leading provider of hearing healthcare solutions, is growing rapidly with a global presence in 90 countries. The company has quadrupled its size in the last four years and needed a single integrated global platform to support innovation, synergy and growth.

"We were impressed with the performance of SuccessFactors as well as its ease of use," said Carine Brändle, systems and process specialist, corporate HRM, Sonova Group. "The look and feel is very intuitive, which is important from a usability and adoption perspective. With SuccessFactors, we're able to manage our full workforce, across more than 90 countries with Employee Central and the BizX suite. Rather than spending months pulling together disparate Excel spreadsheets, we can now gather critical data in a matter of minutes. We also have greater visibility into core aspects of our existing workforce, a good audit trail on our recruitment of new hires and have the strategic insight required to carefully plan and scale for growth." 

1 of 5

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,122.01 +15.31 0.09%
S&P 500 2,000.12 +0.10 0.00%
NASDAQ 4,569.6210 -1.0160 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs