Project Management Software enables accurate forecasts.
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Press Release Summary:
Allowing exchange of data between Primavera and SAP, Primavera Inspire helps project participants working in SAP or Primavera to make important decisions, as project data is aligned no matter which system they use. It provides collaboration between corporate, remote sites, and participants, consistent reporting of project performance parameters, consistency of project management data across systems, and dashboard management views of project performance.
Original Press Release:
Primavera® Launches New Solution for Integration of Project Management and SAP®
PHILADELPHIA, May 10 - Primavera Systems, Inc., today announced the immediate availability of Primavera Inspire, a solution that enables the easy exchange of information between Primavera and SAP. Primavera acquired the underlying technology, which is built on SAP's current NetWeaver platform and uses SAP's Exchange Infrastructure for data transition, from Larsen & Toubro Infotech (LTI), one of the world's leading SAP integrators.
Terms of the transaction were not disclosed. Primavera will further enlarge and advance Primavera Inspire with both its own development teams and the engineers at LTI who originally developed the technology. In addition, LTI will continue to implement and integrate combined SAP and Primavera solutions using Primavera Inspire.
By tightly integrating data in their SAP ERP Systems with Primavera's project and resource management solutions, SAP users will have visibility into key project milestones and deadlines. With Primavera Inspire, project participants working in either SAP or Primavera can make important decisions with confidence, because project data will be aligned no matter which system they use, enabling accurate forecasts.
By using Primavera Inspire, customers gain:
o Improved collaboration between corporate, remote sites, and all
participants;
o Reliable and consistent reporting of project performance parameters;
o Consistency and integrity of project management data across systems;
o Dashboard management views of project performance.
"Customers who have standardized on SAP and Primavera can now rely on Primavera to serve as the single point of contact for integration between the two," said Dick Faris, executive vice president at Primavera. "With Primavera Inspire, companies can easily exchange data between Primavera and SAP, which improves an organization's ability to assess risk and solve potential cost, schedule and resource issues before they become insurmountable problems."
"This deal brings customers the best of both worlds," said Sudhindra Badami, vice president and global director of Larsen & Toubro Infotech's SAP Practice. "Primavera will bring its unparalleled project management expertise and reputation for world-class customer service, while Larsen & Toubro Infotech will continue to bring its experience in SAP system integration. As a result of this deal, customers will have access to a solution that gives them a robust view of how projects are proceeding from both a cost and schedule perspective and how they tie into the overall corporate strategy from either SAP or Primavera."
About Larsen & Toubro Infotech Limited
Larsen & Toubro Infotech Limited offers comprehensive, end-to-end software solutions and services across technologies and horizontals for a global clientele. Leveraging the heritage and domain expertise of the parent company, its solutions and services encompass a broad technology spectrum, catering to leading global companies in Banking, Finance & Securities; Insurance; Energy & Petrochemicals; Manufacturing; and Communications Systems verticals. The company has significant and proven strengths in providing services associated with the SAP Platform. L&T Infotech is a wholly-owned subsidiary of Larsen & Toubro Limited (L&T), the US$ 5 billion plus engineering and technology conglomerate based out of India.
About Primavera
Primavera is a software company who provides business solutions for a project-driven world. The company helps organizations identify which projects are most important, and makes it easy for people to work collaboratively on those projects and deliver them successfully. Primavera solutions are industry-specific and role-based, with the power to support global enterprises. Primavera solutions have ensured the success of projects collectively worth more than $5.5 trillion, including the management of IT projects that span the globe, the construction of the world's tallest buildings, ongoing multi-billion dollar oil discovery projects, space exploration, and the efficient use of personnel at professional services organizations. For more information, visit www.primavera.com or call +1.800.423.0245.
Source: Primavera
CONTACT:
Kelly Henry of Primavera Systems, Inc., 610-949-6913, khenry@primavera.com;
Web site: www.primavera.com/
