WALLDORF — SAP SE (NYSE: SAP) today announced that the company has maintained its position as global market share leader, with 26.7 percent market ownership, nearly twice that of its closest competitor, based on 2017 worldwide market share revenue according to Gartner’s “Market Share Analysis: Supply Chain Management and Procurement Software, Worldwide, 2017.”
SAP believes the success and rapid growth of the SAP Integrated Business Planning solution contributed to the company’s consistent market leadership and an 11.2 percent yearly revenue increase.
Gartner’s market analysis notes that “the $12.2 billion supply chain management (SCM) applications market grew at a healthy annual rate of 13.9% during 2017.” The market analysis also notes that “SCM continues to exhibit strong growth as technologies align with enterprise digital business strategies to improve shareholder and customer value, by optimizing the flow of products, services and related information from source-to-customer and from customer-to-source.”
“Supply chain digitalization is becoming mission critical for businesses to remain competitive today, so it’s no surprise that technology innovation is driving market growth across the board,” said Hala Zeine, president of Digital Supply Chain and Manufacturing, SAP. “Gartner confirming our position as the top supply chain management vendor validates what we’re hearing from our customers and partners — SAP enables streamlined, intelligent supply chains from source to customer.”
For a full summary of recent analyst recognition, view the series of awards in the SAP News Center. For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.
Media Contacts:
Jim Dever, SAP, +1 (610) 661-2161, james.dever@sap.com, ET
Erin Nordloh, PAN Communications, +1 (617) 503-4300, enordloh@pancomm.com, ET
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