SAP AG (NYSE: SAP) today announced that the Procter and Gamble Company (P&G) has signed a global enterprise agreement (GEA) with SAP in order to create a tighter relationship for collaboration on solution innovation, development and standardization. P&G will work with SAP to leverage combined industry expertise and SAP's leading product offerings to help create a scalable, standardized global IT landscape. (Logo: http://www.newscom.com/...)
By entering a GEA, SAP will focus on:
- Leveraging SAP products to drive business process innovation and enable P&G growth.
- Partnering with P&G to lower the total cost of P&G's IT landscape.
- Creating a more standardized and integrated IT landscape.
- Improving the scalability and predictability of core SAP(R) solutions.
- Driving value across the P&G business network.
The agreement will accelerate the worldwide roll out of end-to-end business solutions leveraging SAP enterprise software.
"We are looking forward to leveraging the global enterprise agreement with SAP to step-change innovation in business services and to enhance the efficiency of our core business operations," said Filippo Passerini, president of Global Business Services and CIO, P&G. "We see this relationship as highly strategic, creating value both for SAP and P&G."
A P&G software partner since 1989, SAP has supported core business processes such as finance and supply chain for the company. The GEA includes software, software maintenance, strategic software developments, 'maximum attention' support and high-profile consulting services.
This agreement extends SAP's position as a leader in providing comprehensive enterprise software for the consumer goods industry. The ability to adapt to shifting global market conditions, collaborate with trading partners and innovate to meet consumer demands is vital to companies as they strive for market share and greater profitability in the industry, which constantly faces rising costs, increased global competition and lengthened supply chains.
"P&G's extended commitment to SAP as its strategic business partner is a testament to SAP's continued leadership and innovation in the dynamic consumer products industry," said Bill McDermott, member of the executive board, president and CEO, Global Field Operations, SAP AG. "We are pleased to add P&G to our respected list of GEA customers, demonstrating the value SAP solutions bring to the world's largest and best companies."
About P&G
Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Duracell(R), Olay(R), Gillette(R), and Braun(R). The P&G community consists of 138,000 employees working in over 80 countries worldwide.
About P&G's Global Business Services Organization
P&G's Global Business Services Organization is a global shared services organization which provides more than 85 employee and business services to P&G employees. Powered by P&G people and a network of industry-leading partners, GBS services and innovations help P&G employees collaborate more effectively, get products to market faster, and make smarter, real-time business decisions. Day in, day out, touching the lives of P&G people and consumers around the globe.
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) 2008 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.
By entering a GEA, SAP will focus on:
- Leveraging SAP products to drive business process innovation and enable P&G growth.
- Partnering with P&G to lower the total cost of P&G's IT landscape.
- Creating a more standardized and integrated IT landscape.
- Improving the scalability and predictability of core SAP(R) solutions.
- Driving value across the P&G business network.
The agreement will accelerate the worldwide roll out of end-to-end business solutions leveraging SAP enterprise software.
"We are looking forward to leveraging the global enterprise agreement with SAP to step-change innovation in business services and to enhance the efficiency of our core business operations," said Filippo Passerini, president of Global Business Services and CIO, P&G. "We see this relationship as highly strategic, creating value both for SAP and P&G."
A P&G software partner since 1989, SAP has supported core business processes such as finance and supply chain for the company. The GEA includes software, software maintenance, strategic software developments, 'maximum attention' support and high-profile consulting services.
This agreement extends SAP's position as a leader in providing comprehensive enterprise software for the consumer goods industry. The ability to adapt to shifting global market conditions, collaborate with trading partners and innovate to meet consumer demands is vital to companies as they strive for market share and greater profitability in the industry, which constantly faces rising costs, increased global competition and lengthened supply chains.
"P&G's extended commitment to SAP as its strategic business partner is a testament to SAP's continued leadership and innovation in the dynamic consumer products industry," said Bill McDermott, member of the executive board, president and CEO, Global Field Operations, SAP AG. "We are pleased to add P&G to our respected list of GEA customers, demonstrating the value SAP solutions bring to the world's largest and best companies."
About P&G
Three billion times a day, P&G brands touch the lives of people around the world. The company has one of the strongest portfolios of trusted, quality, leadership brands, including Pampers(R), Tide(R), Ariel(R), Duracell(R), Olay(R), Gillette(R), and Braun(R). The P&G community consists of 138,000 employees working in over 80 countries worldwide.
About P&G's Global Business Services Organization
P&G's Global Business Services Organization is a global shared services organization which provides more than 85 employee and business services to P&G employees. Powered by P&G people and a network of industry-leading partners, GBS services and innovations help P&G employees collaborate more effectively, get products to market faster, and make smarter, real-time business decisions. Day in, day out, touching the lives of P&G people and consumers around the globe.
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) 2008 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.
