Newsbyte: SAP Positioned in Leaders Quadrant in 2013 Gartner Corporate Performance Management Suites Magic Quadrant

WALLDORF, Germany, Feb. 20, 2013 /PRNewswire/ -- For the seventh consecutive year, SAP AG (NYSE: SAP) has been positioned in the Leaders Quadrant of the Gartner Corporate Performance Management (CPM) Magic Quadrant. SAP was recognized for its completeness of vision and ability to execute.

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According to Gartner, "Leaders possess a large percentage of the market share in the CPM suite market and demonstrate superior CPM sales levels. They can deliver breadth and depth of CPM suite functionality, as well as provide enterprise-wide implementations to support a broad CPM strategy. Leaders excel at vision, successfully articulate a business proposition that resonates with buyers, are well-recognized in the space, have broad international presence in execution, and are supported by the viability and operational capability to deliver on a global basis."¹

SAP announced a number of enterprise performance management (EPM) innovations in 2012. In March, the company announced support for the SAP HANA® platform from the SAP® Business Planning and Consolidation application, version for SAP NetWeaver®. In May, it announced the SAP® Sales and Operations Planning analytic application, a cloud-based application powered by SAP HANA. And in October, SAP launched the SAP® EPM Unwired mobile app, designed to provide access to decision-critical information through next-generation user experiences on mobile devices.

"We believe being recognized as a leading provider in the EPM space over a number of consecutive years is a testament to our continued focus on listening to and innovating with our customers," said David Williams, head of EPM Product Marketing, SAP. "This approach is at the core of everything we do and we plan to continue to raise the bar with the broadest portfolio of offerings for helping our customers manage financial performance and accelerate the financial close to disclose process."

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

¹Gartner Magic Quadrant for Corporate Performance Management Suites, Christopher Iervolino, John E. Van Decker, Neil Chandler, 2013

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

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SOURCE SAP AG