WALLDORF, Germany, May 27, 2014 /PRNewswire/ -- SAP AG (NYSE: SAP) today announced it has retained its position as the overall leader in worldwide supply chain management and supply chain planning, according to the recent Gartner, Inc. "Market Snapshot: Supply Chain Management Software, Worldwide, 2013" report.*
The report finds that SAP was growing the supply chain business by 16.8 percent, representing a 22.1 percent market share. Specifically, SAP extended its No. 1 market position for supply chain planning, now owning 29.8 percent. SAP holds the No. 2 position for supply chain execution worldwide, with solutions for transportation and extended warehouse management, and is closing in on competitors with a growth rate of 16.9 percent. In addition, the report notes that SAP has been the market share leader within the aggregated supply chain market for more than a decade.
Additionally, Gartner has released its list of The Gartner Supply Chain Top 25 for 2014, as announced on May 21, 2014. SAP is the vendor of choice for 22 of the top supply chains included within the report.
To build on this leadership, SAP has recently announced a new supply chain strategy, which enables businesses of all sizes, industries and regions to transform their supply chains to demand networks. New business realities, such as demographical and geographical changes of buying power, individualization of products with innovative technologies and growing logistics complexity with same day delivery concepts, put companies under immense pressure to transform their supply chain processes. SAP's new strategy is addressing these business realities and will deliver cloud-based solutions in areas such as integrated business planning, supply network orchestration and logistics by leveraging the SAP HANA® platform.
"We believe the findings by Gartner reflect that SAP's presence in the supply chain market continues to grow and that our recent innovations are being widely adopted," said Hans Thalbauer, senior vice president, Line-of-Business Solutions for Supply Chain, SAP. "Our new strategy will follow this success by delivering next-generation supply chain solutions in the cloud powered by SAP HANA."
For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.
Media Contact:
Janice Edman, +1 (650) 223-4817, [email protected], EDT
*Gartner, Market Snapshot: Supply Chain Management Software, Worldwide, 2013, Chad Eschinger, et al, March 2014
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.
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SOURCE SAP AG
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