Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  SAP AG    SAP   DE0007164600

SAP AG

(SAP)
  Report  
Real-time Quote. Real-time Tradegate - 12/13 06:40:11 am
123.81 EUR   +1.38%
02:48aOracle Will Stay With Sole CEO -- WSJ
DJ
12/12LARRY ELLISON : Oracle Reports Higher Profit -- 2nd Update
DJ
12/12Oracle Reports Higher Profit -- Update
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

SAP : New Cloud Solution from SAP Improves Market Communication for VSE

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/12/2019 | 07:01am EST

SAP SE (NYSE: SAP) announced that as a result of Germany's new regulations on communication in the energy market (Marktkommunikation 2020), the Saarland utility company VSE is implementing the SAP Market Communication for Utilities application, along with Pfalzwerke Netz AG and VOLTARIS GmbH.

Standard market communication processes, such as certificate verification, will be carried out centrally in the cloud. VSE will use its SAP solution with metering operations for competitive metering point operators.

The legal requirements placed on the standard processes included in Marktkommunikation 2020 - which relates to the information shared among energy suppliers, grid operators and metering point operators - entail major changes for energy companies. Starting on December 1, 2019, all the measurements in the purview of metering point operators must be taken, refined and issued to various recipients - that is, external market participants, grid operators and suppliers. This represents a fundamental change in the process for metering point operators, including for the VSE group and Pfalzwerke Netz AG.

To manage these new regulations, the VSE group began implementing the SAP S/4HANA Utilities solution early this year. Since it opted for a greenfield approach, VSE has been able to replace various add-on developments with standard elements and harmonize its data structures. SAP Market Communication for Utilities, which is connected to VSE's on-premise solution, makes it possible to share metering data electronically in accordance with the relevant laws. Thanks to this software-as-a-service offering, time-consuming standard processes are now a thing of the past for the VSE group.

'In making the move to SAP S/4HANA Utilities, we're streamlining our software system and only implementing functions and processes that offer added value,' said Astrid Ziegler, who is heading up the project as the CIO of VSE. 'Meanwhile, SAP Market Communication for Utilities is also helping us design our processes to be much more efficient.'

To ensure that the processes of metering point operators are mapped without any issues in SAP Market Communication for Utilities, VSE is collaborating closely with SAP and providing feedback on its new product on a regular basis.

'Together, we're not only making sure that VSE is exchanging market information and metering data in line with the new legal regulations; we're also accelerating processes by handling them in the cloud,' said Dr. Daniel Holz, managing director of SAP Deutschland. 'Plus, VSE's feedback is enabling us to continue developing our solutions to meet the exact needs of the current market and our other customers.'

Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.

Media Contacts:

Dana Rosiger, +49 (0) 6227 763900, dana.roesiger@sap.com, CET

Stacy Ries, +1 (484) 619-0411, stacy.ries@sap.com, ET

SAP Press Room; press@sap.com

(C) 2019 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SAP AG
02:48aOracle Will Stay With Sole CEO -- WSJ
DJ
12/12LARRY ELLISON : Oracle Reports Higher Profit -- 2nd Update
DJ
12/12Oracle Reports Higher Profit -- Update
DJ
12/12SAP SE : Preliminary announcement of the publication of financial reports accord..
EQ
12/10SAP : Teams with project44 to Help Shippers Manage and Improve Data-Driven Globa..
PU
12/10SAP SE : Notification and public disclosure of transactions by persons
EQ
12/09SAP : UNICEF Prepares the Largest Generation in History with Support from SAP
PU
12/09FUJITSU : Launches SAP Solution to Support Mass Customization in Engineer-to-Ord..
AQ
12/05SAP : Starting Up the Circular Economy
PU
12/03EUROPE : European shares down for 4th day on trade worries; Germany outperforms
RE
More news
Financials (EUR)
Sales 2019 27 598 M
EBIT 2019 8 205 M
Net income 2019 3 488 M
Debt 2019 9 093 M
Yield 2019 1,25%
P/E ratio 2019 39,6x
P/E ratio 2020 28,3x
EV / Sales2019 5,61x
EV / Sales2020 5,11x
Capitalization 146 B
Chart SAP AG
Duration : Period :
SAP AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SAP AG
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 133,34  €
Last Close Price 122,12  €
Spread / Highest target 25,3%
Spread / Average Target 9,19%
Spread / Lowest Target -28,8%
EPS Revisions
Managers
NameTitle
Christian Klein Co-Chief Executive Officer
Jennifer B. Morgan Co-Chief Executive Officer
Hasso Plattner Chairman-Supervisory Board
Luka Mucic Chief Financial Officer
Juergen Mueller Head-Innovation & Technology
Sector and Competitors
1st jan.Capitalization (M$)
SAP AG40.48%162 091
ORACLE CORPORATION24.72%185 364
INTUIT28.40%65 793
SERVICENOW, INC.49.20%50 091
CONSTELLATION SOFTWARE INC.46.12%20 523
PAYCOM SOFTWARE, INC.107.82%14 673