SAP Celebrates Worldwide Retail Customer Momentum
April 4th, 2007 Leave a comment Visited 50 times, 1 so far today
SAP Celebrates Worldwide Retail Customer Momentum
SAP AG (NYSE: SAP) announced today strong growth in the retail industry in emerging economies, including Brazil, China, India, Russia and Ukraine, solidifying its current leading retail market position. Three of the fastest growing markets for SAP for Retail are Russia (CIS), Ukraine and India. More than 15 high growth retail companies in Russia and the Ukraine launched or expanded SAP for Retail implementations last year, contributing to SAP CIS’s 95 percent year-over-year growth in retail license revenue in 2006. Worldwide, more than 850 retail and wholesale customers signed with SAP in the past 12 months, yielding a total of 4,100 customers, including Ace Hardware, Au Bon Pain, Beall’s, Chico’s, ESPRIT, Foodstuffs South Island, Free Record Shop, Kenneth Cole, Shane Co., Sport Chalet, Virgin Entertainment and Wumart. The announcement was made at the World Retail Congress, being held in Barcelona, Spain, March 28-30.
SAP Experiences Rapid Retail Growth in CIS: SAP added leading Russian and Ukrainian retailers Technosila, Mir and Monro, Odezhda 3000, M.Video, Euroset, Home Center, the Fozzy Group and Furshet supermarket network to its growing customer roster. In addition, existing customers Kopeika and Eldorado significantly expanded their SAP for Retail implementations. Furthermore, SAP CIS already has existing relationships with large retailers, including Bananamama, Utkonos, Lenta, Ramstor, Ultrastart, Euroset and V-Lazer, in the CIS countries.
One of the largest SAP implementations in the past year in Russia was the launch of the project for the electronics retail giant Technosila. The Russian retailer of home appliances and electronics goods selected SAP® software to unite the activities of its different business lines into one single system nationwide. By creating a common management and control structure, SAP enabled Technosila to increase cost efficiencies and adapt to market changes.
“Due to the dynamic nature of the retail business, all of our software solutions are required to provide a customer support system to help us adapt to business changes,” said Leonid Tyukavkin, vice president of Technosila, “SAP offers the market’s best network of retail consultants and partners and a localized solution with Russian language support.”
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