SAP Labs India Announces Three New Products for the Indian Market

File Lifecycle Management, Policy Management Framework and Address Data Cleansing solutions unveiled during the SAP Localization Forum 2012

Bangalore, IndiaSAP Labs India, in its two day fifth annual Localization Forum, beginning today, announced three new products – File Lifecycle Management, Policy Management Framework and Address Data Cleansing.

Over 500 customers from across the country participated in the summit.

The event unfolded with a video message by Yueting Zhou, Senior Vice President and Global Head of SAP Globalization Services, in which he reinstated the strategic importance of India both as a market and a development location.

The key note addresses were delivered by Alok Goyal, COO, SAP India; Navaneet Mishra, Vice-President, Globalization Services, SAP Labs India and Sanjoy Sen, Divisional CIO, ITC India.

In his keynote, Alok Goyal highlighted how ‘out-of-the-box’ solutions to address some of the unique and most challenging business problems faced by Indian customers are now being made available by SAP for the Indian market. He said that in a diversified country like India, enterprises can provide better services to their stakeholders through localized applications. “At SAP, we are committed to expanding our localization initiatives to meet industry requirements that will add immense value to our customers,” he added.

Solutions announced during the SAP Localisation Forum:

The File Lifecycle Management solution aims to turn a physical file movement into a completely digital experience with file approval, storage, archiving and search features.

Policy Management Framework will enable organizations to conceive, draft, formalize, simulate, launch and monitor a new policy, in a matter of days.

The Address Data Cleansing solution will have the capability to parse any address data in India, and convert it from a raw form to an accurate result, locatable on digital maps, in a local context, helping industries like Utilities, Telecom and Financials Services.

The summit also presented various localised functionalities released over the year 2011 and covered key sessions which included SAP ERP Operations, SAP ERP Financials, SAP ERP HCM, SAP for Utilities and SAP Cloud Offerings.

SAP Labs India’s Globalization Services team has been an integral part of SAP Business Suite software since its inception in India in 1996-97, providing global business practices with India specific legal compliance and business process needs thereby supporting a company’s operational, reporting and tax compliance requirements.

About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 176,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

Media Contacts:
Subramanyam Rathnam, SAP Labs India, rathnam.subramanyam@sap.com
Shilpa Hombal, Text 100, +91 7259164548, shilpa.hombal@text100.co.in
Bhavana R, Text100, +91 9886445384, bhavana.r@text100.co.in