SAP and Vendavo deepen their Partnership
2013-10-30
SAP AG(NYSE:SAP) and Vendavo have announced a significant expansion of the development roadmap and partnership based on the SAP HANA platform aimed at providing customers with new real-time profit optimization solutions. The announcement was made at SAP TechEd which was held in Las Vegas last week.
Vendavo plans to run the next release of its Profit Analyzer application on the SAP HANA database. The solution will harness companies’ enterprise Big Data to identify opportunities to help sell more profitably. The power of SAP HANA will help make the solution a more powerful margin analytics application designed to give pricing analysts guided insight into high value profit improvement opportunities and is planned to offer superior performance and lower total cost of ownership (TCO) for both existing and new customers.
Our experience working with SAP and developing on the SAP HANA platform has greatly exceeded our expectations, giving us confidence in transitioning our whole enterprise product line to running on SAP HANA. Customers’ response has been unprecedented, and we expect rapid uptake due to the benefits SAP HANA delivers, such as lower total cost of ownership, faster data uploads, greater accessibility to enterprise Big Data, lightning-fast performance and the ability to easily scale to billions of rows of data, said Neil Lustig, Chief Executive Officer & President, Vendavo
As further expansion of the existing solution extension partnership that began in 2005, SAP and Vendavo are updating the Vendavo-developed products on the SAP price list. This includes plans to add capabilities for running pricing dashboards and analytics in the SAP Price and Margin Management application by Vendavo on SAP HANA to harness the added efficiency, speed, scale and data accessibility. SAP will also offer new flexibility and greater choice for customers in terms of when and how they choose to adopt functionality in SAP Price and Margin Management.
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