Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  SAP    SAP   DE0007164600

SAP (SAP)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

SAP : Less Than Half of Consumer Products Companies Know How to Build Business Case for the IoT, SAP Study Shows

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/27/2017 | 02:16pm CEST

The IoT market is rapidly growing and expected to reach US$1.29 trillion by 2020. Although CP companies are anxious to adopt the IoT, they need to identify how they will derive value from this technology. This study of CP industry executives yielded three significant findings:

  • Less than half of CP organizations know how to build a business case for the IoT
  • The real business value of adopting IoT technology in CP will be in process efficiencies
  • Companies leading in IoT adoption are prioritizing processes and skills, while laggards are still researching their options

'CP organizations are addressing the rapidly changing business conditions by adopting innovative solutions,' said E. J. Kenney, senior vice president, Consumer Products Industry Business Unit at SAP. 'To effectively utilize the IoT, aligning business objectives throughout the supply chain has to be a top priority. A digital core and real-time platforms are key to digital transformation.'

IoT adoption leaders prioritize processes and skills, while laggards are still laying the groundwork by conducting research or consulting third-party experts.

Additionally, findings of the global study indicate that strategic adoption of the IoT in the CP industry requires alignment in three areas: understanding the IoT, knowing where the IoT is most applicable to the business, and having the ability to build a tangible business case. For example, only 41 percent of CP organizations recognize clear applicability of the IoT to their business. Only 39 percent of organizations have a clear understanding of what the IoT is, and fewer still - 36 percent - can build a business case for adoption.

These results also show stark differences between CP organizations that are considered leaders and those considered laggards regarding IoT adoption. For example, while 46 percent of leaders said allocating more budget to IoT strategy was a key step to unlocking potential business value, only 14 percent of laggards prioritized budget.

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

Media Contact: Stacy Ries, +1 (484) 619-0411, [email protected], ET

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.
© 2017 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 http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

SAP SE published this content on 27 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 September 2017 12:14:04 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SAP
06/16GROWTH OPPORTUNITIES IN IOT INSURANC : Corporation (U.S.), SAP SE (Germany), Ora..
AQ
06/15SAP SE : Preliminary announcement of the publication of financial reports accord..
EQ
06/14SAP SE : Notification and public disclosure of transactions by persons
EQ
06/13SAP : Furniture Giant IKEA Goes Full Circle to Create a Better Life for the Many
PU
06/13IOT INSURANCE MARKET COMPETITIVE LAN : Major key players profiled in this report..
AQ
06/13SAP : Cintas Unifies Employee Experience With SAP Success Factors Solutions
AQ
06/13SAP SE : Notification and public disclosure of transactions by persons
EQ
06/12SAP : Partner Self-Rating Gives SMEs a Complete Financial Picture for the First ..
PU
06/12SAP : Adidas Uses Machine Learning To Deliver Custom Sneakers In Just 24 Hours
PU
06/12SAP : Machine Learning Makes Mercedes-Benz Dream Car a Reality
PU
More news
News from SeekingAlpha
06/16VENTURE CAPITAL DEALS OF THE WEEK : Space Catapult Edition 
06/14The Business Of Business Software 
06/05SAP unveils new bundled product, announces acquisition 
06/04This May Be The Scariest IPO Filing You've Ever Seen 
05/31Adobe's Magento Buy Could Disrupt Digital Commerce And Digital Marketing Soft.. 
Financials (€)
Sales 2018 24 387 M
EBIT 2018 6 857 M
Net income 2018 4 371 M
Debt 2018 1 177 M
Yield 2018 1,39%
P/E ratio 2018 28,27
P/E ratio 2019 25,05
EV / Sales 2018 5,28x
EV / Sales 2019 4,82x
Capitalization 127 B
Chart SAP
Duration : Period :
SAP Technical Analysis Chart | SAP | DE0007164600 | 4-Traders
Technical analysis trends SAP
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 36
Average target price 104 €
Spread / Average Target -0,24%
EPS Revisions
Managers
NameTitle
William R. McDermott Chief Executive Officer
Hasso Plattner Chairman-Supervisory Board
Christian Klein Chief Operating Officer
Luka Mucic Chief Financial Officer
Bjoern Goerke Chief Technology Officer
Sector and Competitors
1st jan.Capitalization (M$)
SAP11.05%148 008
ORACLE CORPORATION0.00%188 929
INTUIT32.44%53 517
SERVICENOW INC36.66%32 923
HEXAGON24.75%20 288
CONSTELLATION SOFTWARE INC.38.33%16 924