BearingPoint Russia Practice Recognized as an SAP Preferred Services Partner in Russia for the Oil and Gas Industry
MOSCOW, Aug. 14 // -- OOO BearingPoint, a subsidiary of BearingPoint, Inc. (NYSE:BE), a leading global management and technology consulting company, announced today that its Russian Practice has been recognized as an SAP® Preferred Partner for the Oil and Gas industry in Russia. The recognition is based on the volume of sales in the Oil and Gas industry, the number of new customers, the availability of highly-qualified consultants, productive implementation of projects in the Oil and Gas industry during 2004 and 2005, and the level of marketing activity in the industry conducted jointly with Commonwealth of Independent States (CIS). BearingPoint also serves as an SAP Global Services Partner, and has maintained a partnership with SAP AG for almost 25 years.
"This recognition by SAP is the result of our continued commitment to clients and outstanding delivery of projects in Oil and Gas industry in Russia, such as our work with LITASCO, and other top Russian oil and gas companies," said Natalia Krasnoperova, managing director of OOO BearingPoint.
BearingPoint has worked with leading Russian companies to solve their most important challenges and to implement solutions that deliver sustainable success. With more than 10 years of experience in the Russian market, the company has successfully completed projects in strategy, process and transformation, supply chain management, world-class finance and application services for many of Russia's leading domestic and international enterprises. BearingPoint's successful history has positioned it well for future growth through its focused go-to-market strategy around key industries including Oil and Gas.
BearingPoint's Energy segment is a significant global focus for the company. Clients include both international oil companies (IOCs) and national oil companies (NOCs) across all oil-producing regions in the world covering upstream, midstream, downstream, and oilfield services.
"We're pleased to be recognized as an SAP Preferred Partner in Russia," said Reid Morrison, Vice President, Global Energy and Chemicals Leader for BearingPoint Inc. "Our partnership not only demonstrates our longstanding commitment to SAP(R) applications, but our focus on expanding technology solutions globally to multinational oil and gas companies that conduct business in Russia."
"SAP's recognition mirrors the positive market response to our offering and further validates our client focused delivery model. Russia remains an important and fast growing opportunity for BearingPoint and we will continue to focus on delivering sustainable results for our clients," concluded Ms. Krasnoperova.
About BearingPoint, Inc.
BearingPoint, Inc. (NYSE:BE) is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in 60 countries worldwide. Based in McLean, Va., the firm has approximately 17,500 employees and major practice areas focusing on the Public Services, Financial Services and Commercial Services markets. For nearly 100 years, BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. For more information, visit the Company's website at www.BearingPoint.com.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world.
Source: BearingPoint, Inc.
CONTACT:
Jodi Cohen,
BearingPoint, Inc.,
Tel:+1-212-446-1871
jodi.cohen@bearingpoint.com
Web site: http://www.bearingpoint.com/
