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SAP Changes the Game With a New Generation of Planning in the Cloud

Press Release | October 13, 2014 by SAP News

CHICAGO — Committed to delivering the innovation and agility companies need to defeat complexity and do highly sophisticated planning more simply, SAP SE today announced the SAP Cloud for Planning solution. A planned new, future-oriented enterprise performance management (EPM) solution, it is designed around user experience and built for the cloud. SAP Cloud for Planning aims to help customers plan simpler through a consumer app-like user experience with in-context collaboration and analytics. This announcement was made at the SAP Conference for EPM being held October 13-14, 2014 in Chicago.

The future SAP Cloud for Planning solution will be built natively on SAP HANA Cloud Platform, the in-memory platform-as-a-service (PaaS) from SAP. It is intended to be a people-centric solution designed to help simplify financial planning and analysis. Finance and other line of business professionals are envisioned to eliminate the complexity of their planning processes and quickly integrate corporate and divisional plans to drive better results with fact-based decision-making.

“Businesses are increasingly more insistent on having a choice of deployment for their most critical applications such as those that deliver better transparency into data and offer planning and analytical insight,” said Henry Morris, senior vice president, Worldwide Software, Services, and Sales and Marketing Executive Advisory Research Groups, IDC.

SAP Cloud for Planning aims to usher in a new generation of planning in the cloud with a modern look and feel and a natural flow between planning and analysis. It shall enable people to plan and simulate at any level of detail, with any number of users, at any time without having to wait.

The planned solution is designed with embedded analytics and collaboration capabilities, which can enable people to plan, analyze and discuss in-context versus having to jump to another screen or application. Extensive reporting capabilities are planned to be built directly into the application with the SAP Fiori user interface and dashboards embedded, which provide a modern look and feel.

“SAP is simplifying analytics and eliminating the need for different tools,” said Steve Lucas, president, Platform Solutions, SAP. “Unlike other offerings, SAP Cloud for Planning is designed around how people want to work. Users are intended to collaborate on plans in a natural way, rather than being forced to work within a technology-driven system. Built on the advanced cloud platform — SAP HANA Cloud Platform — this solution is planned to give people the ability to drive new levels of innovation, extend investments, and adapt business processes faster than ever before.”

For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.

For more information, press only:
Jason Grosse, +1 (415) 694-8554, jason.grosse@sap.com, PDT
Susan Miller, +1 (610) 661-9225, susan.miller@sap.com, EDT
SAP News Center press room; press@sap.com

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.
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