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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Forrester Research, Inc.    FORR

FORRESTER RESEARCH, INC.

(FORR)
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Forrester Research : SAP Named a Leader in Cloud Human Capital Management for SAP SuccessFactors Solutions

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05/20/2020 | 08:21am EDT

SAP SE (NYSE: SAP) today announced that it has been named a leader in 'The Forrester Wave: Cloud Human Capital Management, Q2 2020.'

Forrester Research Inc. researched, analyzed and scored 11 human capital management cloud providers and named SAP a leader based on its current offering, strategy and market presence of SAP SuccessFactors solutions.

In the report, Forrester states that SAP SuccessFactors solutions have over 6,800 customers on the SAP SuccessFactors Human Experience Management (HXM) Suite. 'Payroll is supported for an impressive 46 countries,' the report cites. It adds that SAP recently renamed SAP SuccessFactors Human Capital Management (HCM) Suite to SAP SuccessFactors HXM Suite to reflect the focus on employee experience management tools from Qualtrics, AI-based user experiences and its formidable partner ecosystem.

The report also noted that it expects SAP to introduce AI-enabled, conversational capabilities that leverage intelligent technologies throughout the SAP SuccessFactors HXM Suite.

'Human experience management is a differentiator in the market, and we believe that the latest Forrester Wave Cloud HCM Report is further validation,' said Meg Bear; senior vice president; Products, Engineering and Operations; SAP SuccessFactors. 'The SAP SuccessFactors HXM Suite enables our customers to leverage the voice of every employee to improve processes and enhance experience and, as a result, drive market-leading business results. With our global capabilities, robust partner ecosystem, integration with employee experience management tools from Qualtrics and emerging technologies, like machine learning, our HXM solutions help organizations quickly adjust to rapid changes in the global economy.'

Visit the HR and People Engagement area of sap.com and the SAP News Center. Follow SAP on Twitter at @SuccessFactors and @SAPNews.

Media Contact:

Samantha Yerks, +1 (914) 918-6087, samantha.yerks@sap.com, ET

SAP Press Room; press@sap.com

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 'anticipate,' 'believe,' 'estimate,' 'expect,' 'forecast,' 'intend,' 'may,' 'plan,' 'project,' 'predict,' 'should' and 'will' and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ('SEC'), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

2020 SAP SE. All rights reserved.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.

(C) 2020 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
FORRESTER RESEARCH, INC. -4.12% 31.41 Delayed Quote.-24.68%
SAP SE 4.58% 134.68 Delayed Quote.11.93%
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Financials (USD)
Sales 2020 417 M - -
Net income 2020 -4,33 M - -
Net Debt 2020 48,8 M - -
P/E ratio 2020 -137x
Yield 2020 -
Capitalization 589 M 589 M -
EV / Sales 2019
EV / Sales 2020 1,53x
Nbr of Employees 1 794
Free-Float 46,2%
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Mean consensus BUY
Number of Analysts 4
Average target price 42,33 $
Last Close Price 31,41 $
Spread / Highest target 43,3%
Spread / Average Target 34,8%
Spread / Lowest Target 27,3%
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Managers
NameTitle
George F. Colony Chairman, President & Chief Executive Officer
Michael A. Doyle Chief Financial Officer
Steven P. Peltzman Chief Business Technology Officer
Mike Kasparian Chief Information Officer
Carrie A. Johnson Chief Research Officer
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