Vendavo to Showcase Profit Analytics Application Running on SAP HANA® at SAP SAPPHIRE® NOW
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Palo Alto, CA, 94303
Press release date: May 27, 2014
Innovative Solution Enables Enterprises to Quickly Identify Sources of Margin Leakage in Real Time for Bottom-Line Growth
MOUNTAIN VIEW, Calif. – Vendavo, a leading provider of revenue and price optimization and management solutions, will showcase Vendavo Profit Analyzer running on the SAP HANA® platform at SAPPHIRE® NOW and the Americas' SAP Users' Group (ASUG) Annual Conference, held from June 3-5 in Orlando, Fla. The recently launched Vendavo Profit Analyzer for SAP HANA includes the advanced profit analytics capabilities of the Price and Margin Management (PMM) suite, complemented with the unparalleled scalability and performance of the SAP HANA platform. SAP resells the Vendavo PMM suite as the SAP® Price and Margin Management application by Vendavo, and SAP has been reselling Vendavo solutions since 2005.
"We have had a long and fruitful relationship with SAP and continually look for new ways to deliver innovation," said Neil Lustig, CEO of Vendavo. "The response from customers using our solution running on SAP HANA has been very positive. SAP HANA enables them to analyze their internal big data at unprecedented speeds and performance levels."
At SAPPHIRE® NOW, guests such as 3M and NIBCO will present about how they boosted profitability and drove huge ROI by optimizing price and margin management practices. Vendavo will co-present an ASUG Education Session on using SAP Price and Margin Management, pricing analytics powered by SAP HANA to leverage pricing big data to boost margins. Attendees will have an opportunity to gain firsthand insight into all Vendavo solutions and see demos of the SAP Price and Margin Management application at demo stations in the Line of Business campus and during two demo theater sessions.
"Vendavo Profit Analyzer is a crucial aspect of our pricing strategy, providing insights that would have otherwise remained hidden," said Matt Meade, IT Manager, ERP Price and Margin Management at 3M. "Vendavo Profit Analyzer is like an ATM machine, continually producing cash. It is the highest ROI project in my career at 3M, breaking even in less than 6 months."
Vendavo Profit Analyzer for SAP HANA enables business users to analyze billions of transactions across multiple dimensions in real-time, so they can rapidly pinpoint the sources of margin leakage and take corrective measures to safeguard profitability. Vendavo customers - representing a combined US $1.75 trillion in annual revenue-have realized margin improvements of between 100 and 300 basis points. SAPPHIRE NOW and the ASUG Annual Conference provide attendees the opportunity to learn and network with customers, SAP executives, partners and experts across the entire SAP ecosystem.
To learn more about Vendavo, stop by booth 1701 at the Orange County Convention Center in Orlando, Fla., from June 3-5. Register now.
Vendavo harnesses the power of big data to generate actionable insights that enable businesses to sell more profitably. Our price optimization and management solutions help global customers make better data-driven decisions for pricing and sales effectiveness. Using cutting-edge analytics and deep industry expertise, Vendavo boasts the largest number of implementations for B2B enterprises in the industry, having helped more than 300 company divisions dramatically increase revenue, improve profit margins and maximize shareholder value. The Silicon Valley firm has on-premises, hybrid, and software-as-a-service (SaaS) offerings available for different customer needs and requirements. Located across the globe, Vendavo offers solutions of choice for Fortune 500 companies in industries such as chemicals and process industries, consumer packaged goods, wholesale distribution, energy and utilities, technology, industrial manufacturing, and medical devices and consumables. Learn how you can increase frontline responsiveness and effectiveness at http://www.vendavo.com.
SOURCE Vendavo Inc.
CONTACT: Caitlin Scott, Trainer Communications, 415-800-5364, firstname.lastname@example.org
Web Site: http://www.vendavo.com