Pharma and chemical firm will build standardised software platform for global IT strategy
Pharma and chemical firm will build standardised software platform for global IT strategy
Bayer, one of the world's largest companies in the areas of health, nutrition and high-grade synthetic materials, has finalised a global enterprise agreement with SAP, it was announced today.
With this agreement, the two companies said they will focus on supporting Bayer’s IT strategy based on the comprehensive, long-term deployment of standardised SAP solutions across Bayer’s worldwide operations. Global enterprise agreements (GEAs) such as this five-year GEA with Bayer are targeted toward large enterprises that choose SAP as their preferred software provider, the German software firm said.
Strategic and far-reaching agreement
Under this agreement, a unified, global IT strategy will be implemented by Bayer to increase market share and profitability to cope with its diverse global supply chains and a high degree of international competitive pressure. Moreover, Bayer wants a scalable and efficient software landscape within the company to profit in the future from reduced operational costs.
The GEA encompasses software, maintenance and strategic consulting services as well as customer-tailored, on-site support through the SAP MaxAttention support option. As part of the agreement, Bayer can call upon SAP solutions, technologies and services as needed at any time, to help accelerate the global implementation of integrated business applications by means of simplified acquisition procedures.
Under the GEA, Bayer will primarily rely on SAP software for IT processes and builds on a close partnership between these two companies that has existed since 1984. As part of a developer partnership agreement in 2000, SAP added that it became the most important strategic software partner of the brand owner of household names, such as Baby Bio, Rennie and Alka-Seltzer.
Builds on positive financials
In other news, the enterprise software planning (ERP) software giant today reported second-quarter profit of €491 million (£410.5m) up 15% compared to €426m (£356.2m) a year earlier. Revenue rose to €2.9 billion (£2.4bn).
SAP said software revenue rose 17% to €637m (£532.6m) and software and software-related service revenue gained 16% to €2.3bn (£1.9bn), with the gains concentrated in the US at the expense of its traditional European stronghold.
