SAP ANZ announces strong financial results

October 22, 2004 by SAP News 0

Sydney, AustraliaSAP Australia and New Zealand (ANZ) has announced an increase in total revenue for the first three quarters of 2004 of 25 percent, with product revenues up 25 percent year-on-year.

Growth was also recorded in SAP AG’s global third quarter year-to-date results which showed a 12 percent growth in software revenues and an operating income increase of 13 percent, compared to the same period last year.

SAP ANZ Chief Executive Officer and Managing Director Geraldine McBride said: “In Australia and New Zealand, SAP is seeing consistent growth from a broad range of industries including wholesale distribution, technology, retail, utilities, telecommunications, public sector and financial services.

“As our customers expand beyond traditional ERP and embrace packaged applications that address a wider set of core business processes, they continue to engage with us. Companies are choosing to take an integrated SAP approach to parts of their business that were, traditionally, in-house built applications or supplied by niche vendors.

“Greater visibility, cost savings and improved performance are just some of the benefits customers are experiencing by taking a seamless approach to core business systems.

“Industries such as the telecommunications sector are extending their systems to include revenue management and contract accounting; manufacturing is moving to integrating warehouse management into its systems, while others are looking at including treasury systems, real estate management, and document and records management.”

SAP continues to make inroads into the small and midsize (SMB) sector, with more than 70 SAP Business One customers coming on board since January 2004 and a further 14 new customers using mySAP All-in-One. A diverse range of SMB customers cover industries from wholesale distribution, technology, retail, mortgage companies and importers.

“SAP ANZ is well positioned to meet its full year targets,” said Ms McBride. “We are seeing on-going strength in local accounts, increased SMB market-share and growth in non-traditional markets such as financial services and the public sector.”

Heavy machinery distributor Komatsu is one customer which has experienced the benefits of mySAP CRM and has now chosen to implement the more comprehensive mySAP Business Suite to help manage its most critical business processes, during the next 12 to 24 months.

“SAP’s partnership approach and its proven commitment to driving improved business agility into our company was key to our decision to integrate additional areas of our business into the mySAP Business Suite,” said Komatsu Chief Information Officer Malcolm Barnes.

“The mySAP Business Suite solution is aligned to our business transformation process and will deliver benefits to our customers and world class results to our shareholders.”