WALLDORF, Germany, July 27 /PRNewswire-FirstCall/ -- Bayer, one of the world's leading companies in the areas of health, nutrition and high-grade synthetic materials, has finalized a global enterprise agreement (GEA) with SAP AG (NYSE: SAP). With this agreement, the two companies will focus on supporting Bayer's IT strategy based on the comprehensive, long-term deployment of standardized SAP® solutions across Bayer's worldwide operations. Global enterprise agreements such as this five-year GEA with Bayer are targeted toward large enterprises that choose SAP as their preferred software provider.
(Logo: http://photos.prnewswire.com/prnh/20050310/SFTH009LOGO-a)
(Logo: http://www.newscom.com/cgi-bin/prnh/20050310/SFTH009LOGO-a)
Under this agreement, SAP will support close collaboration in the globally standardized implementation of SAP business applications at Bayer. A fully unified, global IT strategy is of central importance to Bayer in order to increase market share and profitability in an environment of global supply chains and a high degree of international competitive pressure. Moreover, Bayer wants to profit in the future from reduced operational costs by means of a scalable and efficient software landscape within the company.
The GEA encompasses software, maintenance and strategic consulting services as well as customer-tailored, on-site support through the SAP® MaxAttention™ support option. As part of the agreement, Bayer can call upon SAP solutions, technologies and services as needed at any time, thereby accelerating the global implementation of integrated business applications by means of simplified acquisition procedures.
Under the GEA, Bayer will primarily rely on SAP software for IT processes, which underscores the great strategic significance of SAP for the company's IT. The close partnership between these two companies has existed since 1984. As part of a developer partnership agreement in 2000, SAP became Bayer's most important strategic software partner.
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 102,500 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, business intelligence, 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 © 2010 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.
Follow SAP on Twitter at @sapnews.
For customers interested in learning more about SAP products: |
|
Global Customer Center: +49 180 534-34-24 |
|
United States Only: 1 (800) 872-1SAP (1-800-872-1727) |
|
For more information, press only: |
|
Guenter Gaugler, +49 (0) 62 27-76 54 16, [email protected], CET |
|
Dorit Shackleton, (604) 974-2444, [email protected], PDT |
|
SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; [email protected] |
|
Christoph Weissthaner, Burson-Marsteller, +49 69 238 09-13, [email protected], CET |
|
Becca Hatton, Burson-Marsteller, (202) 530-4568, [email protected], EDT |
|
SOURCE SAP AG
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article