SAP Gets $35 Million Post Office Pact
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SAP has landed a $35 million deal to help the US Postal Service overhaul its human resources systems. According to sources close to the deal, the agreement includes a $21 million consulting component, and
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SAP is buying a small Indian software company to help beef up the business process management capabilities in its NetWeaver applications platform.It is purchasing Yasu Technologies, a maker of business rules management software, which helps ensure that business processes automated through software are in compliance with a company&#39;s rules and regulations.SAP characterized the deal, announced at its Tech Ed conference in Munich, Germany, on Wednesday, as a &quot;fill in&quot; acquisition that would bridge a gap in its technologies. The deal is due to close this month and financial terms were not disclosed.Several vendors, including SAP, are providing software tools that allow companies to automate common business processes, such as issuing a purchase order or checking inventory levels, with the goal of making them more efficient.But SAP does not yet offer tools for managing these processes, and buying Yasu will help it to add such BPM (business process management) capabilities to NetWeaver.SAP will begin pilot tests of its first BPM product, code-named Galaxy, in the first quarter of next year. The technology acquired from Yasu will be integrated with Galaxy around the middle of next year, said Klaus Kreplin, SAP&#39;s head of NetWeaver technology.Yasu&#39;s software helps companies to enforce the rules that their business processes must abide by. If a company automates a project approval process, for example, Yasu will send projects under a certain budget to a midlevel manager for approval, and more costly projects to a senior manager.&quot;The nice thing is, you can define rules and make them available as a service that can be integrated with other applications,&quot; Kreplin said.Yasu was founded in 1999 and has about 120 employees. Customers include the automaker BMW, according to its Web site.BPM is one of several areas SAP is entering to compete better with its main applications rival, Oracle. SAP will also offer software for building composite applications, called the NetWeaver Composition Environment, and developing hosted applications for smaller companies, called SAP Business ByDesign.The Galaxy software will be integrated with NetWeaver Composition Environment next year. Eventually that, in turn, will be offered as a part of Business ByDesign, Kreplin said, although he wouldn&#39;t say when.Last week SAP said it would&#160;buy business intelligence vendor Business Objects&#160;for S$6.8 billion. A few days later&#160;Oracle offered to buy BEA Systems, whose software competes with SAP&#39;s NetWeaver, for $6.7 billion, but BEA called the offer too low.SAP CEO Henning Kagermann told the Financial Times of London over the weekend that SAP won&#39;t enter a bidding war for BEA, and that its strategy is still to grow its two core businesses -- applications and middleware -- organically.But he wouldn&#39;t rule out further big acquisitions in areas where SAP is not already strong. &quot;We are categorically not excluding further big acquisitions,&quot; Kagermann said, according to the Financial Times.The company also continues to snap up smaller companies. SAP has bought more than a dozen vendors in the past three years, according to IDC, including five in 2005, three in 2006, and six so far in 2007, including Yasu and Business Objects. That compares to more than 30 acquisitions for Oracle, a few of which were much larger deals.
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Delivering on a promise made earlier this year, SAP has unveiled the first set of products to help businesses meet their compliance requirements, in addition to announcing a marketing agreement with Cisco Systems.
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Companies agree to incorporate software interoperability tools in e-commerce partnership.
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Under the $1.35 billion deal, CSC will provide help-desk, network, security, and telecommunications services at more than 80 Ascension facilities across the country.
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Foote Partners says the average base salary for directors of SAP program management rose from $115,468 to $133,500 in the calendar year that just ended.
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The US Postal Service has awarded SAP a $35 million contract to supply a new human-resources system. SAP has benefited from a series of big customer wins this year, showing strong revenue growth
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Deal worth $1.35 billion is designed to help Intuit attract a larger number of financial institutions as customers.
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German software giant SAP is teaming with Hewlett-Packard (HP) to offer midmarket companies in the US a hosted software offering that includes applications, maintenance, services and support for a monthly fee.
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SAP on Tuesday gave employees a heads up that its business user organization will move over to Business Objects, a company its acquiring as part of a $6.8 billion acquisition, according to sources.
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SAP America Inc. won a $35 million contract to replace the US Postal Service&#39;s 25-year-old human resources software. The contract covers $14 million in license and maintenance fees for the MySAP Business Suite
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SAP AG  on Wednesday unveiled  a long-delayed line of Web-based software called Business  ByDesign that costs $149 per user, per month, and is at the  heart of a strategy to accelerate the company's sales growth.
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Medical products supplier PolyMedica Corp. reported Wednesday it reached a tentative settlement with the Justice Department for $35 million over an investigation into Medicare practices.
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Technology consultant Computer Sciences Corp. on Monday said it received a 10-year, $1.35 billion contract to manage technology services for Ascension Health, one of the nation&#39;s largest nonprofit health systems.
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Medical supply company PolyMedica Corp. has reached a tentative $35 million settlement with the federal government over alleged Medicare fraud.
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(InfoWorld) - Delivering on a promise made earlier this year, SAP has unveiled the first set of products to help businesses meet their compliance requirements, in addition to announcing a marketing agreement with Cisco Systems. The three new governance, risk, and compliance (GRC) applications, based on SAP's new SOA (service-oriented architecture), offer companies help with repository, process control, and risk management functions, the Walldorf, Germany, company said Wednesday. In May, SAP announced theÂ creation of a new GRC business unitÂ at its Sapphire customer event in Orlando. The unit was set up to develop new technology to help companies meet a growing list of compliance requirements, such as the Sarbanes Oxley Act (SOX), Food and Drug Administration (FDA) regulations for pharmaceutical companies, and Basel II regulations for the banking sector. The SAP GRC Repository application documents and maintains GRC information in a single central system, including corporate policies and regulations, and will also store and link risk and control libraries to multiple control frameworks and international regulations. The centralization of GRC information simplifies risk management, increases transparency and cuts costs associated with GRC initiatives, according to SAP. SAP GRC Process Control is designed to automatically aggregate business process risks for the entire company, provide supporting evidence of compliance and pinpoint control violations so that corrective action can be given a priority. The software integrates automated control monitoring for SAP and non-SAP applications. To help customers implement collaborative risk management processes, the SAP GRC Risk Management application provides a thorough analysis of key business risks at multiple levels of the company, across organization entities, business process and IT infrastructure, according to SAP. It is designed to help professional risk managers and company owners identify financial, legal and operational risks, analyze business opportunities in light of these and develop appropriate responses. SAP will sell all three products separately. The repository and process control applications will ship Nov. 30, with the risk management software product to follow in December. In addition, SAP has signed a joint marketing agreement with Cisco that will target GRC business processes and IT control issues across the entire IT infrastructure, including the network and application layers. Under the agreement, targeted at the U.S. and Canada, the companies will collaborate in sales and marketing activities, and provide complementary products that offer new levels of IT management and controls between Cisco's service-oriented network architecture (SONA) and SAP's three new GRC applications. Further information about the products isÂ available here.
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Postal union leaders agree a deal aimed at solving a dispute over pay and conditions.