WALLDORF — SAP SE (NYSE: SAP) today announced it has been positioned by Gartner Inc. as a leader in the Magic Quadrant for Configure, Price and Quote Application Suites report.*
According to the report, configure, price and quote (CPQ) application suites enable sales organizations to automate and optimize the creation of quotes and orders for complex, configurable products and services. SAP is a leader due to its completeness of vision and ability to execute.
The integrated quote-to-cash SAP CPQ solution includes CPQ, contract lifecycle management, sales performance management and billing and revenue management. This offering, together with the SAP Sales Automation solution, is part of the SAP Sales Cloud portfolio.
“Customers are more demanding than ever and expect every interaction with a sales person to be amazing. They want the best price and the best product bundle every time,” said Giles House, general manager, SAP Sales Cloud, SAP. “SAP CPQ and the SAP Sales Cloud portfolio do this while bridging the demand and supply chains. We are turning the buying experience on its head and building the foundation for more personal, trusted and lasting relationships, not one-off transactions. This is the key to winning the customer.”
Stacey Hoskin, SAP, +1 (816) 337-7476, email@example.com, CT
Jenny Radloff or Nikki Festa, PAN Communications, +1 (617) 502-4300, SAPCX@pancomm.com, ET
SAP News Center press room; firstname.lastname@example.org
*Gartner, Magic Quadrant for Configure, Price and Quote Application Suites, Christina Klock, Mark Lewis, Melissa Hilbert, 5 November 2018.
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 or other designation. 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.
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.
© 2018 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.