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 newsSector newsTweets

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 CET

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
02/23SAP : Introduces Business Integrity Screening Solution to Reduce Risks in Financ..
AQ
02/23SAP ARIBA : Among 2018 Pros to Know
BU
02/23SAP : Big Data Margin Assurance, Cloud Edition, Helps Telecommunication Provider..
AQ
02/23SAP : Raises Dividend Policy to 40% or More of Profit after Tax; Recommends a Di..
AQ
02/23SAP : Expands SAP IoT Connect 365 With Narrowband IoT Connectivity to Address Ev..
AQ
02/21SAP : hikes dividend payout to at least 40 percent of profit
RE
02/21SAP : Declares 12% Increase to 2017 Dividend
DJ
02/21General Electric digital exec jumps to analytics firm Uptake
RE
02/21SAP : Raises Dividend Policy to 40% or More of Profit after Tax; Recommends a Di..
PU
02/17SAP : Announces DJ Paoni As President of North America Region
AQ
More news
News from SeekingAlpha
02/12SAP CEO : Future M&A won't be large "enough to move the needle" 
01/31SAP SE 2017 Q4 - Results - Earnings Call Slides 
01/31SAP : Cloud Growth Barreling Ahead 
01/30SAP's (SAP) CEO William McDermott on Q4 2017 Results - Earnings Call Transcri.. 
01/30Lake Street downgrades Callidus Software on acquisition news 
Financials (€)
Sales 2018 24 393 M
EBIT 2018 6 810 M
Net income 2018 4 415 M
Finance 2018 206 M
Yield 2018 1,67%
P/E ratio 2018 22,55
P/E ratio 2019 20,47
EV / Sales 2018 4,25x
EV / Sales 2019 3,86x
Capitalization 104 B
Chart SAP
Duration : Period :
SAP Technical Analysis Chart | SAP | DE0007164600 | 4-Traders
Technical analysis trends SAP
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 100 €
Spread / Average Target 18%
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
Thomas Saueressig Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
SAP-9.56%127 622
ORACLE CORPORATION4.89%204 621
INTUIT9.08%44 309
SERVICENOW INC19.68%27 214
CONSTELLATION SOFTWARE INC.10.06%13 792
THE SAGE GROUP PLC-12.53%10 563