WALLDORF, Germany, Aug. 4, 2016 /PRNewswire/ -- SAP
NEWSBYTE -- SAP SE (NYSE: SAP) today announced the
availability of SAP® PartnerEdge® Cloud Choice, profit option. The
innovative SAP PartnerEdge Cloud Choice model will enable SAP
partners to accelerate cloud sales, profit from selling in the
cloud and deliver digital solutions to help businesses run live. It
is part of SAP's plan to accelerate cloud adoption with
partners.
The new model will help partners who have concentrated on
traditional on-premise solutions — as well as new partners — to
establish and maintain a profitable cloud business. It removes the
financial liability and risk from partners, allowing them to focus
on driving cloud adoption across their organization and customer
landscapes. Partners should now be able to realize a steady revenue
stream that's locked in for the life of the customer and partner
relationship.
"We are 100% committed to working with our partners in the cloud
space," said Rodolpho Cardenuto,
president, Global Channels & General Business, SAP. "That's why
we are taking a cloud-first approach. It removes the guesswork and
immediately gives partners the opportunity to earn a revenue share
on contracts, as well as over the life of the relationship. As a
key cloud player, SAP must rely on our network of partners to tap
into this expanding market and help our mutual customers succeed on
the path to digital transformation."
The profit option of SAP PartnerEdge Cloud Choice allows
partners to choose how they want to engage with SAP based on their
individual capabilities, resources and expertise. The option eases
the transition from on-premise to cloud environments. Unlike the
traditional models where partners manage every aspect of the
transaction, the new model and profit option supplement the
partners' activities with elements such as contracting, invoicing
and collections.
Additionally, SAP will offer a larger, more predictable revenue
stream that may go directly toward partners' bottom lines with the
aim of increasing the revenue-share percentage for partners selling
cloud solutions from SAP over the total lifetime of the
contract.
For more information, visit the SAP News Center. Follow SAP on
Twitter at @sapnews.
Media Contacts:
Evan
Welsh, SAP, +1 (610) 661-8393, evan.welsh@sap.com, ET
Nate Hubbell, FleishmanHillard, +1
(617) 692-0531, nate.hubbell@fleishman.com, ET
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historical facts are forward-looking statements as defined in the
U.S. Private Securities Litigation Reform Act of 1995. Words such
as "anticipate," "believe," "estimate," "expect," "forecast,"
"intend," "may," "plan," "project," "predict," "should" and "will"
and similar expressions as they relate to SAP are intended to
identify such forward-looking statements. SAP undertakes no
obligation to publicly update or revise any forward-looking
statements. All forward-looking statements are subject to various
risks and uncertainties that could cause actual results to differ
materially from expectations. The factors that could affect SAP's
future financial results are discussed more fully in SAP's filings
with the U.S. Securities and Exchange Commission ("SEC"), including
SAP's most recent Annual Report on Form 20-F filed with the SEC.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of their dates.
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SOURCE SAP SE