Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Xetra  >  SAP SE    SAP   DE0007164600


SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Strategic partnership: Bosch and SAP aim to simplify corporate processes with a new standard

share with twitter share with LinkedIn share with facebook
09/10/2020 | 08:22am EDT

Bosch-SAP collaboration delivers solutions for further standardization and automation along entire value chains.

Bosch contributes industrial expertise and experience with pioneering technologies for refining SAP solutions.

Thanks to networks across companies and industries, external stakeholders will also benefit from increased efficiency and flexibility.

collect download share

Walldorf and Stuttgart, Germany - Bosch and SAP have entered into a strategic partnership aimed at simplifying digital corporate processes. The partners' objective is to further develop a digital industrial standard that governs, for example, the exchange and usage of company data along the value chain. This would harmonize and further automate processes, both within and between companies - thus achieving substantial efficiency gains. Given the strength of both companies' networks across different sectors, the whole economy stands to gain from their collaboration. 'We need strong partnerships if we are to advance digitalization in Germany. By creating a standard together with SAP, we are offering added value for customers, partners, and suppliers,' explains Dr. Michael Bolle, Bosch board of management member and CDO/CTO of the Bosch Group.


Strategic partnership: Bosch and SAP aim to simplify corporate processes with a new standard

Image informationDownload imageCollect image

The partnership holds special promise for the manufacturing industry, and offers a particular benefit for the global automotive industry, with its highly interwoven supply chains and numerous production locations that are often still managed individually today. At the core of this collaboration is the transfer of Bosch business processes into SAP S/4HANA, SAP's software suite for enterprise resource planning (ERP). The suite is used in the planning, management, and administration of resources for a range of processes, including order entry, production, delivery, and invoicing. 'Due to its industrial expertise and technology leadership in several fields, Bosch plays a key role in global supply and value chains. Together we are pursuing the goal of translating this expertise into digital form, using SAP S/4HANA as a basis. In doing so, we hope to define a uniform industry standard that will open up the advantages of the digital transformation to other industry players as well,' says Christian Klein, the CEO of SAP SE. Process, technology, and development experts from both companies are working closely together as they focus all their efforts on driving internal digitalization forward at Bosch. For example, the rollout and transformation with SAP S/4HANA is intended to cut the number of ERP systems in half. In Bosch Mobility Solutions alone, the productive systems are to be reduced to just one. This will facilitate a considerable increase in the options for real-time analysis and control optimization.

Greater competitiveness, more agility in a dynamic environment

With its in-depth expertise in multiple business fields and processes, Bosch will help shape the further development of SAP S/4HANA - to its own benefit but also to the benefit of SAP's large customer base. SAP will play a crucial role in the integration as partner and advisor, thanks to its multifaceted experience and market leadership in managing ERP systems. The goal of standardizing and automating processes is to significantly simplify the global system landscape, continuously optimize workflows, and increase confidence still further in dealing with real-time analysis. There is considerable potential for optimizing the exchange of requirements, planning, and needs, especially at the interfaces to suppliers and to customers. For the first time, the latest technologies make this possible in real-time across the entire value chain and involving all parties. This leads to a permanent improvement in competitiveness and agility, from the corporate management level all the way to production.

Tags: SAP, digitalization, S4/HANA, ERP, digital industrial standard

More information

Contact person for press inquiries (Bosch):

Simon Schmitt,

Phone: +49 +711 811-6478

Twitter: @5imonSchmitt

Contact person for press inquiries (SAP):

Bjorn Emde,

Phone: +49 6227 7-55107

E-mail: b.emde@sap.com

Dana Rosiger,

Phone: +49 6227 7-63900

E-mail: dana.roesiger@sap.com

(C) 2020 Electronic News Publishing, source ENP Newswire

share with twitter share with LinkedIn share with facebook
All news about SAP SE
10/23SAP : and Partners Expand Industry Cloud Portfolio to Retail, Professional Servi..
10/21SAP SE : quaterly earnings release
10/21SINCH : UK Competition Regulator Won't Refer Sinch-SAP Deal to Phase 2 Investiga..
10/20SAP : to Announce Results for Third Quarter of 2020
10/20SAP NAMED A LEADER IN IDC MARKETSCAP : Worldwide B2B Digital Commerce Platforms ..
10/19EUROPE : Pandemic restrictions weigh on European shares
10/19SAP SE : Gets a Buy rating from Baader Bank
10/19BLUE PRISM : releases SAP® Accelerators
10/19BLUE PRISM : releases SAP® Accelerators Up to 90 percent faster ERP automations ..
10/19SAP : Uber Freight Helps Deliver Greater Profits and a Cleaner Planet
More news
Sales 2020 28 218 M 33 470 M 33 470 M
Net income 2020 4 530 M 5 373 M 5 373 M
Net Debt 2020 9 472 M 11 235 M 11 235 M
P/E ratio 2020 32,2x
Yield 2020 1,31%
Capitalization 149 B 176 B 176 B
EV / Sales 2020 5,61x
EV / Sales 2021 5,11x
Nbr of Employees 101 379
Free-Float 86,2%
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 34
Average target price 148,92 €
Last Close Price 124,90 €
Spread / Highest target 44,1%
Spread / Average Target 19,2%
Spread / Lowest Target -35,9%
EPS Revisions
Christian Klein Co-Chief Executive Officer & COO
Hasso Plattner Chairman-Supervisory Board
Luka Mucic Chief Financial Officer
Juergen Mueller Chief Technology Officer
Lars Lamadé Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
SAP SE3.81%176 058
SERVICENOW INC.82.07%98 588
INTUIT INC.27.68%87 554
DOCUSIGN, INC.196.61%40 703
RINGCENTRAL, INC.68.82%25 331