Contact
QR code for the current URL

Story Box-ID: 298221

SAP Deutschland SE & Co. KG Hasso-Plattner-Ring 7 69190 Walldorf, Germany http://www.sap.com/germany
Contact Mr Jim Dever +1 610-662-1341
Company logo of SAP Deutschland SE & Co. KG

Siemens Expands Strategic Relationship With SAP

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

(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."

SAP Deutschland SE & Co. KG

The SAP® Supplier Relationship Management (SAP SRM) application automates, simplifies and accelerates procure-to-pay processes for goods and services. With SAP SRM, companies can reduce procurement costs, build collaborative supplier relationships, better manage supply bases and improve bottom line with innovative offerings and a faster time to market. SAP SRM is part of SAP® Business Suite software, the leading integrated offering that helps businesses lower costs, improve insight and capture new business opportunities.

About SAP

SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 89,000 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." For more information, visit www.sap.com.

(*) SAP defines business software as comprising enterprise resource planning and related applications.

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 © 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.

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
Important note:

Systematic data storage as well as the use of even parts of this database are only permitted with the written consent of unn | UNITED NEWS NETWORK GmbH.

unn | UNITED NEWS NETWORK GmbH 2002–2024, All rights reserved

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.