SAP Awarded $35 Million Postal Service Contract
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The postal service, which employs more than a third of the civilian employees of the federal government, chose SAP after a multi-year evaluation, it said.
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Electrolux  said on Thursday it had agreed to inject $35 million over five years into the pension fund of workers laid off by the world's second-biggest home appliances maker in the United States.
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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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Postal union leaders agree a deal aimed at solving a dispute over pay and conditions.
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LOS ANGELES (CBS.MW) -- SAP won a multi-year deal to provide technology to overhaul the US Postal Service&#39;s human-resources system, the German corporate software giant said Monday.
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SAP AG will unveil on  Wednesday a line of business management programs to be  delivered over the Web, becoming the first major software  company to make a big bet on software as a service.
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Pitney Bowes Inc., a provider of mail and document management services, said Thursday that it received a $112 million mailing services contract from financial services giant Bank of America Corp.
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The Postal Service expects to handle 20 billion pieces of mail between Thanksgiving and Christmas, up slightly from last year, the agency said Monday.
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Software maker SAP AG announced Wednesday that it had acquired a Texas-based maintenance firm for PeopleSoft platforms in a move to attract customers from its main competitor, Oracle Corp.
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A standartisation to SAP is part of Nortel Networks&#39; restructuting plans and is part of a move that will also see 10% of its workforce, or around 3500 jobs, eliminated.
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Telecommunications giant Sprint Corp. is acquiring Nextel Communications Inc. in a &#36;35 billion deal that would create the nation's third largest wireless telephone service provider.
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FRANKFURT/BOSTON  - SAP AG  will unveil  on Wednesday a line of business management programs to be  delivered over the Web, becoming the first major software  company to make a big bet on software as a service.
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Lockheed Martin Corp. won a contract potentially worth $3 billion to provide managed network services to the U.S. Postal Service.
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Information technology provider Computer Sciences Corp. on Wednesday said it received a contract worth up to $74.8 million to provide hospital data abstraction and validation services to the federal Centers for Medicare and Medicaid Services.
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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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SAP AG, the German business management software maker, reported a 15-percent jump in third-quarter net profit Thursday to euro291 million (US$366 million), citing increased sales across the globe.
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The nation's service sector contracted in January for the first time in almost five years, a trade group of purchasing executives said Tuesday.