Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. SAP SE
  6. News
  7. Summary
    SAP   DE0007164600


Real-time Estimate Quote. Real-time Estimate Tradegate - 10/18 04:25:30 am
124.79 EUR   -1.18%
10/15PUMP / DUMP #6 : This week's gainers and losers
10/15SAP : Integrating Climate Action End to End
10/15SAP : and the EU TUMO Convergence Center Team Up to Boost Digital Education
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

SAP : Tate & Lyle's Rise to Cloud Infrastructure Made Sweeter with SAP

09/22/2021 | 09:02am EDT

WALLDORF - SAP SE (NYSE: SAP) today announced that leading global food and beverage ingredients and solutions provider Tate & Lyle PLC has selected the business-transformation-as-a-service offering RISE with SAP to facilitate the company's implementation of SAP S/4HANA Cloud, private edition.

This agreement marks Tate & Lyle PLC's latest step in its journey to becoming an intelligent enterprise, doubling down on SAP software investment.

"We are continuing our investment in technologies to support growth in our business as we look to meet increasing consumer demand for food and drink that is lower in sugar, calories and fat, and with added fiber," said Sanjay Patel, CIO of Tate & Lyle PLC. "RISE with SAP is an enabling step toward more standardized business processes, operating with greater agility and flexibility, gaining more real-time insights and helping to enhance customer collaboration and seamless end-to-end experiences."

In addition to managing customer demands, Tate & Lyle PLC recently announced the proposed sale of a controlling stake in its Primary Products business to KPS Capital Partners LP; with this in mind, the company is now creating two focused, stand-alone businesses with two separate SAP software environments from a single, global SAP instance without any planned disruption to business operations. This presented the CIO and his team the perfect time to move their infrastructure to the cloud to deliver the speed and agility that the separation demands.

"This action demonstrates just how focused Tate & Lyle PLC is on continuing its market leadership in the food and beverage industry," said Steve Baird, SAP North America senior vice president and managing director of Midwest Region. "RISE with SAP and the private edition of SAP S/4HANA Cloud will help Tate & Lyle PLC accelerate its Intelligent Enterprise journey and cement its leadership position for years to come."

RISE with SAP presented Tate & Lyle PLC with a significantly simpler model to drive customer value when compared to traditional infrastructure-as-a-service offerings. RISE with SAP provides full support in migrating Tate & Lyle PLC's current ERP environment to the cloud and removes complexity with simplified engagement, with SAP fully responsible for service-level agreements, operations and issue handling. The RISE with SAP offering includes Tate & Lyle PLC's choice of infrastructure provider - Microsoft Azure. SAP has a partner-centric approach for the delivery of RISE with SAP, bringing in trusted partners to help implement this business transformation. Tate & Lyle PLC chose Span and SAP Services and Support as implementation partners for its move to the cloud with RISE with SAP.

More information about Tate & Lyle PLC is available here.

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

Media Contact:
Bridget Carroll, +1 (267) 615-3598, bridget.carroll@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.
© 2021 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.


SAP SE published this content on 22 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2021 13:01:00 UTC.

© Publicnow 2021
All news about SAP SE
10/15PUMP / DUMP #6 : This week's gainers and losers
10/15SAP : Integrating Climate Action End to End
10/15SAP : and the EU TUMO Convergence Center Team Up to Boost Digital Education
10/15THREE REASONS TO REGISTER FOR SAP TE : Learn. Innovate. Together.
10/15SAP : Equestrian Dressage Goes Digital
10/15TAKE FIVE : China, FAANGs, Turkey and Christmas fears loom large
10/15SAP CLOUD ALM : The Seamless Integration Engine for Business Transformation
10/14SUCCESSCONNECT KEYNOTE : Human Resiliency Is Our Superpower
10/14SAP : American Air Filter Powers Through the Pandemic and Beyond Leveraging RISE with SAP
10/14SAP : Preparing Partners for Their Future with SAP Learning
More news
Analyst Recommendations on SAP SE
More recommendations
Sales 2021 27 424 M 31 736 M 31 736 M
Net income 2021 4 579 M 5 299 M 5 299 M
Net Debt 2021 5 605 M 6 486 M 6 486 M
P/E ratio 2021 34,2x
Yield 2021 1,45%
Capitalization 149 B 173 B 172 B
EV / Sales 2021 5,64x
EV / Sales 2022 5,29x
Nbr of Employees 103 876
Free-Float 84,9%
Chart SAP SE
Duration : Period :
SAP SE Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SAP SE
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 30
Last Close Price 126,28 €
Average target price 138,00 €
Spread / Average Target 9,28%
EPS Revisions
Managers and Directors
Christian Klein Chief Executive Officer
Luka Mucic Chief Financial Officer
Hasso Plattner Chairman-Supervisory Board
Juergen Mueller Chief Technology Officer
Sabine Bendiek Chief Operating & People Officer
Sector and Competitors
1st jan.Capi. (M$)
SAP SE17.78%172 804
SERVICENOW, INC.20.48%131 399
DOCUSIGN, INC.17.17%51 239
HUBSPOT, INC.99.50%37 176