Survey Finds Majority of SAP Licensees Plan to Continue Running Their Proven ERP Release and Are Not Committed to Moving to S/4HANA
22.6.2017 18:05 | Business Wire
Rimini Street, Inc., a global provider of enterprise software products and services, and the leading independent support provider for Oracle and SAP products, today revealed the findings from a recent global survey of SAP licensees conducted by Rimini Street to better understand their SAP application strategies and future plans. A key finding in the report is that the dominant strategy for SAP licensees, selected by 89% of respondents, is to continue running their current proven SAP ERP releases1, given that the rich functionality of their current releases meet business needs and also forms the foundation of a preferred hybrid IT model. Additionally, 65% of survey respondents have no plans to, or are currently not committed to, migrate to S/4HANA2, with the number one reason for not committing to S/4HANA cited as “no strong business case and unclear ROI.” The report, “Rimini Street Survey: 2017 SAP Applications Strategy Findings,” is based on responses from CIOs, CTOs, IT VPs, directors and managers from a broad range of industries and company sizes across North America, Europe, Latin America and Asia-Pacific.
This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170622006012/en/
Survey finds Majority of SAP Licensees Plan to Continue Running Their Proven ERP Release and Are Not Committed to Moving to S/4HANA (Photo: Business Wire)
Hybrid IT Strategy Optimizes the Value of SAP ERP
Of the survey respondents that plan to stay on their current SAP Business Suite application, 30% are already adopting a hybrid IT strategy to maximize the value of their core SAP system as a system of record, while also freeing up funds and resources that can be used to more quickly and flexibly drive innovation through systems of engagement. A hybrid IT strategy offers the best of both worlds – it provides the ability to reliably run the business on a robust core ERP application, and at the same time enables an organization to more quickly adopt new innovative applications and services, including cloud, mobile and analytics. Organizations have the flexibility to deploy systems of engagement from any technology provider, including SAP, which enables faster time to innovation and overall competitive advantage. In addition, an increasing number of companies are running their SAP ERP implementations in their private cloud or hosted environment, realizing many benefits of the cloud model without a costly, risky reimplementation. By shifting IT funds from expensive, disruptive upgrades to innovation, a hybrid strategy can accelerate the achievement of business objectives.
“When I speak with SAP customers, one of the most common strategies they enlist to maintain their core ERP while still having the ability to innovate, is to take a hybrid IT approach,” said Vinnie Mirchandani, CEO of Deal Architect and author of SAP Nation. “The SAP Business Suite is remarkably robust and feature rich, but SAP’s ability to successfully innovate outside core ERP has not kept up, so a two-speed approach makes sense. Stick with the proven core, but continue to innovate around the edges with many modern solutions that are available from some very nimble companies in the market today.”
High Cost and Risk of S/4HANA with Low ROI
In addition to citing “no strong business case and unclear ROI,” for the low commitment to S/4HANA, another top reason by survey participants for the low commitment to S/4HANA is the “high migration and reimplementation costs.” Of those respondents who have committed to S/4HANA, 56% estimated the total cost of reimplementation for a move to S/4HANA to be between $10 and $100 million, an expensive undertaking which makes it difficult to build a positive business case for the move and is financially untenable for many organizations.
Additional Survey Highlights:
47% of respondents consider SAP’s support and maintenance costs to
be too high
Nearly half of all respondents feel that SAP support and maintenance costs are too high, including those who state that the costs are “way out of control.” With the continued high cost of SAP support, budgets are squeezed and resources stretched thin. With Rimini Street, clients consistently realize cost savings of up to 90% in total maintenance costs as they are no longer on the upgrade path dictated by the vendor, no longer need to budget resource for self-support and no longer need to seek outside support for their customizations which are not covered by the vendor.
Respondents cite top issues with SAP’s support
The top three areas cited as problematic for SAP support, based on a survey question that allowed for multiple responses, include “Issues take too long to resolve” (36%), “Lack of support for customizations” (33%), and “Lack of expertise or adequate knowledge to resolve issues” (29%). These critical gaps in SAP support point to the need for an alternative solution that offers better, more responsive service than is available from the vendor today. Rimini Street addresses all of these issues by providing full support for SAP customizations, a dedicated Primary Support Engineer with an average of 15 years’ experience with SAP applications, and a guaranteed service level agreement response time of 15 minutes for critical issues.
“This survey highlights that CIOs and IT decision makers prefer to maximize the value of their current robust SAP ERP system that more than meets their business requirements, rather than advancing to a new platform that is still in development with no current business case to support a full reimplementation. It also illustrates how they are pursuing innovation strategies, such as hybrid IT, to help their business gain competitive advantage now, without having to wait indefinitely for meaningful new innovations and capabilities from SAP,” said Seth Ravin, Rimini Street CEO. “Today, Rimini Street supports nearly 1,300 clients running IBM, Microsoft, Oracle and SAP software, providing them with our premium-level enterprise software support and reducing their total maintenance costs by up to 90% – costs which can be redeployed to fund strategic initiatives for their business.”
To download a copy of the report “Rimini Street Survey: 2017 SAP Applications Strategy Findings,” please click here. For additional information on support services available to SAP licensees, please go here.
About Rimini Street, Inc.
Rimini Street is a global provider of enterprise software products and services, and the leading independent support provider for Oracle and SAP products. The company has redefined enterprise support services since 2005 with an innovative, award-winning program that enables licensees of IBM, Microsoft, Oracle, SAP and other enterprise software vendors to save up to 90 percent on total support costs. Clients can remain on their current software release without any required upgrades for a minimum of 15 years. Nearly 1,300 global Fortune 500, midmarket, public sector and other organizations from a broad range of industries currently rely on Rimini Street as their trusted, independent support provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.
This press release may contain forward-looking statements. The words “believe,” “may,” “will,” “plan,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties, and are based on various assumptions. If the risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Rimini Street assumes no obligation to update any forward-looking statements or information, which speak only as of the date of this press release.
© 2017 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.
1, 2 Rimini Street Report, “Rimini Street Survey: 2017 SAP Applications Strategy Findings,” May 2017
Rimini Street, Inc.
Michelle McGlocklin, +1 925-523-8414
Om Business Wire
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Følg saker fra Business Wire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Business Wire
Ford Names New Chairman and CEO for Ford China; New Vice President of Powertrain Engineering23.8.2017 22:00 | Pressemelding
Ford Motor Company today announced a new chairman and CEO of Ford China and head of Powertrain Engineering as it continues to strengthen its global leadership team. Jason Luo is named chairman and CEO Ford China. In his new role, Luo will lead all of the company’s operations in Greater China including its import business, Lincoln, its passenger car joint venture Changan Ford, commercial vehicle investment in Jiangling Motors Corporation, and our operations in Taiwan. Luo, 51, joins Ford from Key Safety Systems, the fastest growing company in the automotive safety market, where he was global president and CEO for the past 10 years. While at Key Safety Systems, he led the business transformation and global expansion of the company and achieved significant revenue growth in China. Luo will be based in Shanghai, reporting to Peter Fleet, Ford group vice preside
Tech21 Announces New Collection Designed to Protect the Samsung Galaxy Note8 Drop After Drop.23.8.2017 17:30 | Pressemelding
Tech21, the leader in impact protection for mobile devices, today announced a new collection of innovative cases and screen shields for the Samsung Galaxy Note8 made of unique, patented impact protection materials that guarantee the most effective drop protection on the market. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170823005888/en/ Evo Tactical for Samsung Galaxy Note8 (Photo: Business Wire) Tech21 products are designed to protect, drop after drop. The company does this by using scientifically proven impact materials, innovative design and a rigorous testing methodology developed in partnership with the National Physical Laboratory. Tech21 cases are drop tested 20 times to ensure durability and long lasting protection able to withstand the multiple drops that occur in the everyday
2018 AQR Insight Award Call for Papers23.8.2017 15:45 | Pressemelding
AQR Capital Management, LLC (“AQR”) today began accepting submissions for the seventh annual AQR Insight Award. The AQR Insight Award recognizes and rewards exceptional academic papers that have practical applications and offer original, intelligent approaches to issues in the investment world. Up to three papers share a $100,000 annual prize. Winners are chosen by the AQR Insight Award Committee, a panel of senior members of the firm, many of whom are leading academic finance experts from top universities. AQR will accept papers on any investment-related topic as long as they deliver clear, significant insights. Papers must not be published before October 1, 2017. The deadline for entries is November 1, 2017. The Committee will then narrow the finalists to five papers, and the authors of those papers will be invited to present their research to
ANA Announces New Online Content "IS JAPAN COOL? DOU"23.8.2017 15:00 | Pressemelding
Today, All Nippon Airways Co., Ltd. (ANA), Japan’s largest and only 5-Star airline, is proud to announce the launch of its new online content “IS JAPAN COOL? DOU,” which illustrates traditional Japanese culture through the use of cutting-edge technology. This content can be seen on “IS JAPAN COOL?,” a website that promotes tourist destinations and popular Japanese cultures to the world. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170823005024/en/ "IS JAPAN COOL? DOU" TOP (Graphic: Business Wire) While Japan is widely known for its unique pop culture, “IS JAPAN COOL?,” which launched in 2012, has put much of its focus on promoting Japan’s modern culture. As the number of tourists visiting Japan exceeded 24 million people as of 2016, the project aims to provide a deeper understa
Emailage Receives $10 Million Growth Equity Investment to Accelerate Global Expansion23.8.2017 14:00 | Pressemelding
Emailage, the leading provider of global fraud prevention and identity verification using email address scoring, today announced that it has received a $10 million growth equity investment. Anthos Capital led the investment, with participation from Radian Capital, Wipro Ventures, Mucker Capital and Tallwave Capital. Emailage will use the funding to expand existing partnerships, further advance its powerful email address-based predictive scoring system, and accelerate growth in North America, EMEA, LATAM and other key markets. “This investment will allow us to continue our rapid growth, enhance our leadership position in the online fraud detection market and deliver significant fraud prevention capabilities to businesses around the world,” said Emailage CEO Rei Carvalho. Emailage’s Software-as-a-Service solution delivers powerful, real-time risk intelligence by leveraging the
Westinghouse to Provide Fuel to PSEG’s Salem Nuclear Generating Station Through Continued Partnership23.8.2017 12:15 | Pressemelding
Westinghouse Electric Company today announced that it has signed a nuclear fuel contract extension with PSEG, a major supplier of nuclear power in New Jersey, to continue providing fuel assemblies for both units at the Salem Nuclear Generating Station. “Westinghouse has been the single-source fuel provider for PSEG’s Salem plant since its start of operations more than 40 years ago, and we are pleased to continue to support this important and long-standing customer through the delivery of safe, reliable high-performance fuel,” said David Howell, president, Americas Region, and chief growth officer at Westinghouse. “This continued partnership is recognition of our reliable fuel performance and confirmation of the important trust PSEG has in Westinghouse.” Under the terms of the contract, Westinghouse will deliver its 17x17 Robust Fuel Assemblies, known as RFA-2. The design of
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom