The Sizzle Is Out Of Sap
Last autumn, Germany's $5 billion software powerhouse, SAP, was growing at an explosive annual rate of 47% and combing the high-tech world for 6,500 new hires. SAP wanted to reposition its massive enterprise systems, which run everything from accounting to purchasing for big corporations throughout the world, as key channels for buying and selling on the Internet. The goal: to double sales in the next three years and generate as much as 60% of this growth from new products, many of them Web-based. "Our customers want to be connected to everybody," Co-chairman Hasso Plattner told BUSINESS WEEK.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.