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MarketScreener Homepage  >  Equities  >  Xetra  >  SAP AG    SAP   DE0007164600

SAP AG

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SAP : SuccessFactors Performance & Goals Solution Customers Surpass 5,000

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09/17/2019 | 12:32pm EDT

LAS VEGAS - SAP SE (NYSE: SAP) today announced the number of SAP SuccessFactors Performance & Goals solution customers has surpassed 5,000.

Over 300 new clients chose the solution in the first half of 2019 to help keep their workforces passionate, performing and focused on the right objectives. These customers include Arrocera Los Corrales S.A. (ALCSA), CLAAS Group, Constructora EBCO S.A., Compartamos Banco and TÜV Rheinland Group.

The announcement was made at the SuccessConnect event held in Las Vegas on Sept. 16-18, 2019.

'Organizations are realizing that accurately tracking workforce goals and performance is vital for both employee happiness and achieving business objectives,' said SAP SuccessFactors President Greg Tomb. 'SAP SuccessFactors Performance & Goals makes this possible and easy, with its simple-to-use cloud-based foundation. Today, over 5,000 leading companies around the world have chosen SAP SuccessFactors Performance & Goals to help them focus on what's truly important - their people.'

In recent years, there has been a huge shift in the approach to performance management. SAP SuccessFactors solutions are enabling customers to stay current with this transformation by helping them recognize the need for dynamic goal setting, ongoing coaching and feedback, and frequent check-ins to support their workforces.

'We're committed to provide healthy options to people throughout Central America, the Dominican Republic and the United States,' said Byron Duarte, CIO, Arrocera Los Corrales S.A. (ALCSA), a Guatemalan food processor. 'SAP SuccessFactors solutions are helping us to make this possible. SAP SuccessFactors solutions have been critical to improving our operations and facilitating ongoing dialogue between employees and managers to ensure they are passionate, engaged and adequately trained. This high level of employee experience has earned us recognition as a 'Great Place to Work' in Guatemala and directly impacts our customers by ensuring they receive the high-quality rice, oatmeal, beans and corn masa flour products that are part of their daily lives.'

SAP SuccessFactors solutions have continually evolved to become more comprehensive and flexible. With capabilities such as continuous performance management and mobile 360 reviews, customers can build a culture of continuous feedback and deliver exceptional experiences for their employees. This is especially critical during periods of rapid growth and change.

'Thanks to SAP SuccessFactors solutions, our new continuous performance management process encourages meaningful, timely conversations at all levels of the organization,' said Rob Arbogast, director of People Systems and Strategy at The Timken Co. 'It facilitates engagement, accelerates both recognition and improvement, and makes the company more agile, helping us deliver on our business objectives.'

SAP SuccessFactors solutions, including SAP SuccessFactors Performance & Goals, are available for digital discovery and purchase online, anywhere, anytime - in only a few clicks - here.

Visit the SAP SuccessFactors solutions website and the SAP News Center. Follow SAP on Twitter at @SuccessFactors and @SAPNews.

Media Contacts:
Susan Miller, SAP, +1 (610) 661-9225, susan.miller@sap.com, ET
SAP News Center press room; press@sap.com
Kate Lavoie-Mayer, PAN Communications, +1 (617) 502-4300, sap@pancomm.com, ET

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.
© 2019 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.

Disclaimer

SAP SE published this content on 17 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 September 2019 16:31:10 UTC

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Sales 2019 27 641 M
EBIT 2019 8 183 M
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P/E ratio 2019 39,6x
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EV / Sales2019 5,49x
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