WALLDORF — SAP SE (NYSE: SAP) today announced it has been named a Leader in the 2019 Gartner Magic Quadrant for Configure, Price and Quote (CPQ) Application Suites.*
CPQ application suites “enable sales organizations to streamline and optimize the creation of quotes and orders for complex, configurable products and services.” SAP has been named a Leader due to its completeness of vision and ability to execute.
This CPQ offering from SAP, along with sales force automation and sales performance management solutions from SAP, is part of the SAP Sales Cloud portfolio.
“Buyers today expect sales representatives to demonstrate their expertise, answer inquiries promptly with relevant content, and provide accurate quotes quickly,” said Paula Hansen, SAP Customer Experience chief revenue officer. “SAP’s solutions for CPQ, sales performance management and sales force automation deliver the perfect trifecta for creating trusted customer relationships.”
Customers such as food company ARYZTA AG and MAN Energy Solutions SE rely on the SAP Sales Cloud solution. Ventilation services technology provider Breathing Buildings used the SAP CPQ solution to help increase turnover. The solution provided the flexibility and accuracy needed to improve the efficiency of its quoting process.
The SAP Sales Cloud solution is part of the larger SAP Customer Experience portfolio and the SAP C/4HANA suite, which also includes the SAP Marketing Cloud, SAP Commerce Cloud, SAP Service Cloud and SAP Customer Data Cloud solutions.
SAP was also named a Leader in Sales Force Automation and SAP (CallidusCloud) was recognized a Leader in Sales Performance Management.
*Gartner, Magic Quadrant for Configure, Price and Quote Application Suites, October 28, 2019, Christina Klock, Mark Lewis.
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.
© 2019 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.