SAP Asia Sees Threefold Revenue Growth for SAP for Retail Industry Solution SHANGHAI, China - August 30, 2005 - Demonstrating leadership and vision for the retail industry in the Asia-Pacific region (APA1) and continued evidence of its global leadership in providing retail solutions, SAP AG (NYSE: SAP) today announced that revenue from customers in APA using SAP for Retail solutions has more than tripled over the past two years. These retail customers have selected SAP to improve their business processes and create a strong and adaptive environment for business growth and profitability. The announcement was made at the SAP Global Leadership meeting being held this week in Shanghai, China. |
Pantaloon India chose SAP’s suite of enterprise applications and retail-specific software to cover end-to-end business processes across its headquarters and 60 stores nationwide, powering the company’s financial processes, warehouse and supply chain management, new product development and point-of-sale operations. |