Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


SAP ANZ announces strong financial result

23 July 2004

SAP ANZ announces strong first half financial results

Auckland, 23 July 2004 — SAP Australia and New Zealand (ANZ) has announced that total revenue for the first half is up 30 per cent over this time last year, and product revenues are also up 26 per cent year-on-year. These results are consistent with the positive Q2 and six month results released by SAP AG, which showed software revenues were 497 million Euro (2003:431 million Euro), representing an increase of 15 per cent compared to 2003. Software revenues increased 17 per cent year-on-year.

Total revenues were 1.8 billion Euro (2003:1.6 billion Euro), which was an increase of 9 per cent compared to 2003. Total revenues increased 11 per cent year-on-year. “A key differentiator for SAP’s continued success in this competitive environment is our diversification within industries and our investment on multiple fronts such as CRM, SMB and SCM,” said Geraldine McBride, Chief Executive Officer and Managing Director, SAP ANZ.

“Our results demonstrate not only our commitment to these industries but also the speed at which we are identifying and responding to their business needs. “We have nailed significant wins in telecommunications, public sector, retail and manufacturing with customers quickly acknowledging the proven benefits of a robust and agile ERP solution.” SAP ANZ continued its push into the small and midsize business (SMB) sector with the largest number of new customers signed across the APA region.

This contributed significantly to 195 per cent growth in SMB software revenue compared to Q2 2003. From January to July, SAP secured 36 SAP Business One and 10 mySAP All-in-One new deals across ANZ. Not only has SAP experienced growth in its existing customer space, Australian retail chain Franklins has been secured as a new customer. SAP ANZ also experienced an aggressive uptake of ERP solutions. SAP New Zealand managing director Ian Black says the significant Q2 deals included upgrades to mySAP ERP and mySAP SCM contracts such as New Zealand’s largest department store Farmers and dairy giant Fonterra.

Australia’s largest manufacturer of plastic products Nylex also continued to invest in SAP solutions. In addition, companies that wanted to leverage the SAP NetWeaver platform included national telecommunications operator Optus and outsourcing services provider Transfield Services.

These companies took advantage of a reduction in their total cost of ownership while attaining more flexible solutions. Banking customer National Australia Bank (NAB) Group has further invested in SAP’s Bank Analyzer product during Q2 in a deal designed to help the organisation manage new global financial reporting and compliance regulations.

“SAP is unmatched in providing flexible, adaptable and fundamental solutions tailored to helping our customers achieve profitable growth,” said Ms McBride. “We continue to strengthen our lead against competitors in key sectors such as CRM, SCM, and ERP and growth has been fuelled by demand for the SAP NetWeaver platform from organisations such as Telstra and Coles Myer.”

SAP expects to maintain business software leadership in ERP and SCM across ANZ. Significant deals signed this quarter in the ERP space have seen SAP maintain domination in this sector and mean it will continue its aggressive bid to be the most significant CRM vendor in Australia.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Onetai Station: Overseas Investment Office Puts Ceol & Muir On Notice

The Overseas Investment Office (OIO) has issued a formal warning to Ceol & Muir and its owners, Argentinian brothers Rafael and Federico Grozovsky, for failing to provide complete and accurate information when they applied to buy Onetai Station in 2013. More>>

ALSO:

Tomorrow, The UN: Feds President Takes Reins At World Farming Body

Federated Farmers president Dr William Rolleston has been appointed acting president of the World Farmers’ Organisation (WFO) at a meeting in Geneva overnight. More>>

ALSO:

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news