Like many businesses, SAP has shuttered its Russian operations in response to the Russian invasion of Ukraine. It has also carefully monitored developments because of the war and sees that resilience is set be a growing requirement for companies, SAP’s Anja Strothkaemper told me recently. She and her team gave me an update on SAP Commodity Management and related software. It saw that COVID slowed down demand and decision making but that things have returned largely to normal post-COVID. The pipeline is pretty much filled across all regions and segments, I was told. SAP also benefits from its own ecosystem in which customers are upgrading to SAP S/4HANA, but it also sees RFPs as well as upgrade plans for homegrown software, Anja told me. Meanwhile, SAP has been very busy it seems delivering across all fronts. Among those developments were developments for livestock procurement, improved FIORI-based trade capture for mining and the ability to handle complex derivatives. In the latter area, SAP has added functionality to support things like swap futures and balance of month swap futures, for example. It is also adding a good deal of functionality to its SAP Agricultural Contract Management application often via customer co-innovations including… continue reading
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