Customers Adopting mySAP™ ERP Over Competing Solutions for Industry-Specific Functionality and Business Process Flexibility with SAP NetWeaver
Singapore — SAP Asia Pacific today announced the global availability of mySAP™ ERP 2005, the latest version of its renowned enterprise resource planning (ERP) application and the industry’s first services-enabled ERP suite designed to simplify and expedite customers’ road maps to enterprise service-oriented architecture (SOA). With this announcement SAP continues to drive an evolutionary approach within the next technology shift towards service oriented architecture (SOA). Embracing many of the technologies that comprise SAP’s roadmap for enterprise SOA, mySAP ERP 2005 helps organizations increase productivity and visibility while innovating and adapting their business processes.
In parallel, SAP Asia Pacific reported a 100 percent surge in companies implementing or upgrading from R/3 to mySAP ERP 2005 this year. Enterprises have selected mySAP ERP 2005 to safeguard their current investments with a proven cost-effective upgrade path. Customers of all sizes looking to upgrade can rely on a combination of SAP services, technology support and change management consulting for efficient transition to SAP’s most advanced ERP offering in less than one-and-a-half months.
“SAP has been the ERP leader in Asia Pacific for more than a decade and our market share is now more than twice that of our nearest competitor. The latest version of mySAP ERP will only enhance that lead,” said Simon Dale, Vice President and Chief Technology Officer, SAP Asia Pacific. “mySAP ERP 2005 includes more than 300 enhancements to provide companies with better information access and decision support, and new levels of usability and innovation. It is the first application available today with built-in SOA to help customers innovate and readily adapt to changes in their business with greater agility and at a lower cost than ever before.”
“As the ERM1 market matures, enterprises are shifting their demand for business applications with industry best practices and an SOA framework,” said Alan Tong, Senior Analyst, IDC Asia Pacific. “ERM vendors that have already embedded these requirements in their solutions will increase their market share. SAP makes a compelling business case in addressing these issues with its latest product.”
Rapid Customer Adoption of mySAP ERP
Globally, upgrades from SAP® R/3® to mySAP ERP have been completed at unprecedented speed while customers start using mySAP ERP 2005 as a key part of their own enterprise SOA road maps. Asia Pacific has been no exception, with many customers already moving to mySAP ERP on NetWeaver as their first step to enterprise SOA.
One such customer in Asia Pacific has been Higher Education Press (HEP), the largest and most respected publisher of educational texts in China. “With the expanded functionality of IS Media, SAP Portal and upgraded Business Warehouse of mySAP ERP 2005 on SAP NetWeaver, we found the time to upgrade had finally come,” said YU Yong, CIO, HEP. “The upgrade took only five months and we’re already enjoying the rewards of mySAP ERP 2005 application’s industry-specific functionality and open architecture and the assurance of a stable platform for years to come with SAP’s value pack future enhancement approach.”
Flexible Platform & Enhanced Functionality for Greater Value
The latest version of mySAP ERP is a milestone release with advanced capabilities that deliver greater value to new and existing customers and provide a cost-effective, low risk and evolutionary path to the industry’s first service-enabled suite of enterprise applications. The new version of mySAP ERP enables customers to leverage its 300 available enterprise services, comprising the majority of the more than 500 productized enterprise services from mySAP™ Business Suite. SAP is service-enabling mySAP ERP to help customers innovate and adapt to changing industry requirements with greater speed and at lower cost than ever before. mySAP ERP embodies SAP’s deep understanding of the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector.
The widespread availability of the latest mySAP ERP application, built upon the SAP NetWeaver platform, provides a further realization of the SAP road map for enterprise service-oriented architecture (enterprise SOA), marking the first application that connects all operations through an intelligent foundation of cross-functional business processes, combining software applications with the underlying infrastructure for greater flexibility and fluid communications with customers and suppliers.
SAP has made many functional enhancements to its market-leading ERP software, including:
Enhanced financial management, analysis and reporting capabilities:
• A newly architected general ledger solution that lessens manual reconciliations and improves the ability to balance ledgers by multiple dimensions
• Improved management dashboards that provide a complete picture of business operations and improve decision-making among managers and line-of-business users
• New collections and credit management capabilities to accelerate cash collections and improve day sales outstanding metrics
Enhanced human capital management capabilities:
• End-to-end talent management tools to improve recruiting, training, performance evaluation and retention of employees
• Improved employee self-service capabilities to reduce administrative overhead of human resources (HR) departments
• Improved employee expense and travel reporting to reduce the time and improve control over employee expense reimbursements
Enhanced support for new business models and operations:
• Improved architecture to support outsourcing for payroll and cash management
• New ability to support electronic procurement, invoicing, sales order management and documentation of internal controls for the U.S. Sarbanes-Oxley Act
• Enhanced enterprise services repository for system and instance consolidation and shared-service management
Serving a broad business user community:
• Empowered users through enhanced capabilities to connect people directly to processes leveraging the specific role-based user interface
• Improved business insight through expanded SAP xApps for analytics
1 IDC’s definition of the Enterprise Resource Management (ERM) functional market includes accounting, human resource management (HRM), procurement and sales order processing, and inventory management applications.