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SAP to stay independent

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We often speak about SAP being one of the fastest growing software suites in the industry today and recent figures released on Reuters has confirmed that fact.

It was found that the company’s current market share stands at somewhere in the region of $86.6 billion. That amounts to approximately £55 billion, demonstrating just how popular SAP has become amongst some of the largest conglomerates in the world.

The figure makes SAP one of the largest companies currently operating in their native Germany,

placing them fifth on the overall list, and also ably demonstrates why SAP CEO Bill McDermott is not actively looking to partner the company with any other providers.In fact, he believes that the company should be going in the opposite direction, remaining independent so that they can make their own decisions in regards to which areas of the market to explore while also allowing them to take a larger proportion of the profits generated through companies using their software.

McDermott recently spoke to Euro am Sonntag regarding the issue, stating “I believe so, absolutely,” when asked if SAP would remain independent for the near future.He added “The best way for a company to stay independent is to grow and to have a good market capitalisation.”

As mentioned, the company is doing an excellent job of increasing their overall market share, capitalising on an increasing need that many companies have in regards to streamlining their services, managing complex projects and cutting costs wherever possible.

The comments come on the back of increasing rumours that the company may be looking to establish a partnership with one of the really big players in the industry to further expand product penetration. A similar concept was proposed back in 2004, before the company went on to grow into the massively internationally corporation that it is today. Back then talks were apparently held with Microsoft to make SAP part of the product suite released by the company, however negotiations broke down once it was realised how complex the deal would be, how many limitations it would place on SAP as a company and how difficult it would be to integrate SAP’s proprietary software into Microsoft’s suite. This in turn led to the company staying completely independent and growing on their own accord. Because of this, the SAP product line was much more readily available to companies of all sizes and remained fully flexible, allowing organisations to use as much or as little of the product line as they need. In the end it proved to be a wise move on the part of SAP, as there products became extremely popular on the back of this flexibility.

Furthermore, as the company grew an entire industry grew around it. Today SAP certification is amongst the most desirable qualifications a person can have when applying for a position at a new company and SAP consultants are in constant demand as companies aim to improve their use of the system. Because of this there has never been a better time to look into SAP training for yourself.

SAP BI and your career

Using the SAP Business Intelligence Module

SAP has become an industry leading solution largely due to its flexibility. With a wide array of modules on offer, SAP can be used for everything from project management through to basic accountancy.

Perhaps amongst the most important of these modules is the Business Intelligence tool. Commonly referred to as BI, this particular module is designed to help your company make good business decisions.

Collective company knowledge

The BI module is essentially a store of all of the important information relating to the company and the aim is to make this data easily navigable so that it can be queried quickly and efficiently. This allows for proper deployment of relevant company information to the sectors where that information is most needed.

Streamlining such processes saves the business a large amount of time, specifically when it comes to the work hours that would otherwise have been spent sorting through and compiling the data. The initial investment for the system pays off in the long term, especially if you have a SAP qualified consultant who can guide you through the most important processes.

Speed and Efficiency

While there will always be a period of adjustment when implementing a new system, with proper training your staff can take full advantage of these streamlined procedures. The more people you have on staff who can properly manipulate the data held in the BI module, the faster your business will receive critical information that can be analysed and used to determine current and future policy.

Information is one of the most important tools that a business has at its disposal. Not only does it allow them to determine policies, it also provides valuable insight into the state of the consumer market and the reaction of potential customers to the company’s product. In short it is a commodity, however without the proper context that information may be misinterpreted or important aspects may be missed entirely.

Reporting

As well as allowing the user to query the data pool, the Business Intelligence module is also ideal for creating reports that expand on all of the relevant data points and can be as detailed as you need them to be. This ensures that all of the relevant information held within the system is delivered and allows the user to identify any areas of weakness where their queries are perhaps not producing the results that they were looking for.

Reporting is wholly vital to the successful operation of any business and a good report acts as a culmination of efforts in regards to gathering information and finding the best way to utilise it. The SAP Business Intelligence module is custom-built to create effective reports that allow the user to properly manage the information the company has.

As with any new system, SAP BI will require an adjustment period while staff are learning about the many ways in which it can make business processes easier, often with the help of a SAP Business Intelligence course to show them how to really make the most out of the system. Once your team is properly qualified your company will reap the benefits of having a more accessible information store. Wizcore offers SAP course in BI on weekends and weekdays.