WALLDORF, Germany, March 23, 2012 /PRNewswire/ -- [ SAP AG ] (NYSE: [ SAP ]) today announced it has been positioned by [ Gartner Inc. ] in the leaders quadrant of the "Magic Quadrant for Corporate Performance Management (CPM) Suites" report. SAP is recognized as a market leader for both its "ability to execute" and its "completeness of vision."

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As companies need to decide and act with increasing speed, they should see that all decision-makers are guided by the same game plan and have a full understanding of potential risks involved. The 10.0 release of [ SAP® BusinessObjects™ enterprise performance management (EPM) solutions ] fills this need by helping companies align decisions and actions with business aims. The latest release moves EPM best practices beyond the finance department to managers throughout the company, helping people make risk-aware decisions that can positively impact enterprise-wide performance.

SAP [ recently announced support ] for the [ SAP® BusinessObjects™ Planning and Consolidation ] 10.0 application, version for SAP NetWeaver® powered by the SAP HANA® platform. The application dramatically enhances unified planning, budgeting, forecasting and consolidation processes. In line with its mobile-first strategy, SAP also delivered the SAP® Strategy Management mobile app, [ available on iTunes ]. The app is a purpose-built mobile EPM solution that enables executives to collaborate on key initiatives while away from the office.

"We believe our position in the leaders quadrant further recognizes the combined capabilities of our business analytics portfolio, our vision, execution against our road map and the success of our customers," said John Schweitzer, senior vice president and general manager, Analytics, SAP. "The 10.0 release of our EPM solutions is the latest example of how we are working to deliver solutions that help individuals, teams and entire business networks unlock valuable knowledge. By doing so, they can uncover new opportunities, anticipate change and make better decisions as a whole to achieve remarkable results."

Read the full Gartner report [ here ]. For more information, visit the [ SAP Newsroom ]. Follow SAP on Twitter at [ @sapnews ].

For more information, visit the [ SAP Newsroom ]. Follow SAP on Twitter at [ @sapnews ].

About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose

Media Contact:
Susan Miller, SAP, +1 (610) 661-9225, [ susan.miller@sap.com ], EDT
Jeff Shadid, Burson-Marsteller, +1 (214) 224-8419, [ jeff.shadid@bm.com ], CDT

SOURCE SAP AG

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SAP Named a Leader in the Magic Quadrant for Corporate Performance Management Suites

Newsbyte: SAP Named a Leader in the Magic Quadrant for Corporate Performance Management Suites