Adani Group Selects SAP to Drive Business Transformation
Group Selects SAP for Industry-Specific Solutions Across Diversified Business Lines
BANGALORE, India - SAP AG (NYSE: SAP) announced that the Adani Group has selected SAP® software to consolidate its IT systems and power a strategic transformation across the company’s diversified operations. To support its rapid-growth ambitions and further differentiate itself from competitors, the Adani Group is expanding its SAP footprint by adopting industry-specific solutions. The company aims to achieve uniform best practices and greater visibility across all of its diverse lines of business. The announcement was made at SAP® TechEd 2010, being held in Bangalore, India, from December 1-3.
Adani’s business portfolio includes a diverse, profitable assortment of power generation and transmission, coal mining, port, SEZ, shipping and bunkering, logistics, agro-based industries, real estate, oil and gas explorations and gas distribution. Its growth has been organic, building on synergies among its business units and making them more productive and competitive. Currently on a growth trajectory, the Adani Group is working with SAP to implement a scalable, standardized IT platform to help support and speed decision-making, manage costs and enable operational excellence across the group’s companies.
With this agreement, SAP will assist the Adani Group in accelerating its enterprise-wide rollout of over 40 SAP applications, including enterprise performance management solutions from the SAP® BusinessObjects™ portfolio and the SAP NetWeaver® technology platform. The business transformation aims to:
* Support information-based decision-making through real-time analysis
* Lower total cost of ownership while creating a standardized and integrated IT landscape
* Deliver value through integration, collaboration and synergy within the group’s companies
* Create an integrated value chain across the Adani Group
“Adani Group is committed to building a world-class organization with world-class competencies,” said Devang Desai, executive director and Group CFO, Adani Group. “We believe that technology will play a pivotal role on our journey toward achieving our business objectives. Our association with SAP will provide better insights across the enterprise to innovate, expand our international market frontiers and guarantee a scalable foundation for the organization’s future growth.”
“Adani Group is a testament of an Indian corporation making strides globally,” said Peter Gartenberg, managing director, SAP India. “Its position as a dynamic business group with diversified interests is built on a strong foundation of industry knowledge, partnerships and impeccable business insights. Deepening our relationship with Adani Group underscores SAP’s unique ability to serve our customers’ various lines of business with industry-specific solutions and best-in-class business analytics.”
SAP® TechEd 2010 in Berlin, Las Vegas, Bangalore, and Shanghai
More than 14,000 SAP customers, partners and technical experts are expected to convene at SAP® TechEd 2010, the company’s largest ecosystem education event series. The conference brings IT managers, software developers, administrators, and business process experts together to see, hear, and share how they and their peers can stay one step ahead of business change. Choosing from hundreds of hours of expert-led sessions and hands-on training, attendees can gain the inspiration and skills they need to maximize impact on their organizations. In its 14th year, SAP TechEd 2010 was held in Berlin, Germany, October 12-14, and Las Vegas, Nevada, October 18-22, and is being held in Bangalore, India, December 1-3, and Shanghai, China, December 1-2. Follow SAP TechEd on Twitter at @sapteched and join the conversation at #SAPTechEd.
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 105,000 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.
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.