Siemens Expands Strategic Relationship With SAP

Extends Global Relationship With Selection of SAP(R) Supplier Relationship Management Application and Maintenance Renewal

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(PresseBox) ( MUNICH, )
SAP AG (NYSE: SAP) today announced that Siemens AG, a global leader in electronics and electrical engineering, has expanded its strategic relationship with SAP through its selection of the SAP® Supplier Relationship Management (SAP SRM) application for Siemens' worldwide e-procurement operations. Also announced was the completion of Siemens' contract renewal for SAP maintenance support services for all SAP solutions based on SAP's maintenance standards for large customers for a duration of three years.

Siemens Manages Suppliers With SAP Supplier Relationship Management

The selection of SAP SRM will allow Siemens to extend the value of its current investment in SAP® Business Suite software with an integrated offering for automating goods and services procure-to-pay processes for indirect material. This expansion of the relationship of two of the world's largest technology companies - and two of Europe's largest brands - was made following a global assessment process in which offerings from multiple software vendors were evaluated.

"The selection of the SAP SRM application demonstrates Siemens' commitment to running global operations lean, flexible and transparent, thus increasing shareholder value and customer satisfaction," said Barbara Kux, head of Supply Chain Management and member of the Managing Board, Siemens AG.

Siemens Extends Maintenance Relationship With SAP Contract Renewal

In addition to the selection of SAP SRM, Siemens renewed its service relationship with SAP for global maintenance support for all SAP solutions. Siemens also requested SAP assume support for some of Siemens' in-house developed solutions that connect to SAP solutions. Further, recognizing the criticality of the business processes running on SAP software, including finance, payroll and more, Siemens extended its service relationship to include SAP® MaxAttention(TM) support - SAP's support option that provides onsite intensive customized support services.

"Siemens and SAP enjoy a long-standing business relationship in which Siemens is one of SAP's premier customers, and we are pleased to be able to continue providing complete systems service and support to Siemens' global organization," said Erwin Gunst, chief operating officer, SAP. "Coupling its maintenance support renewal with selection of our SRM solution is a clear indication that Siemens trusts in the ability of SAP to provide global services for its enterprises. SAP has been, and will continue to be, a strong strategic supplier to Siemens."
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