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SNP Schneider-Neureither & Partner SE, DE0007203705

SNP Schneider-Neureither & Partner SE, DE0007203705

11.06.2019 - 15:51:35

As Part of a New Working Group SNP SE Helps Large Corporations Migrate to SAP S/4HANA

SNP | Corporate News

As Part of a New Working Group SNP Helps Large Corporations Migrate to SAP S/4HANA

- Together with partners, SAP launched the working group "SAP S/4HANA Selective Data Transition Engagement," which aims to facilitate data migration to SAP S/4HANA for large SAP ERP customers.

- The working group adds a valid third option to the SAP S/4HANA Movement program.

Heidelberg, June 11, 2019 - SNP Schneider-Neureither & Partner SE, leading provider of software solutions and consulting services for IT transformation, is a founding partner of the working group "SAP S/4HANA Selective Data Transition Engagement" launched by SAP. The group helps companies transition to SAP S/4HANA if neither a pure new implementation nor a system conversion makes sense.

As part of the working group moderated by SAP, SNP will help corporations with approaches that combine characteristics of classical new implementations with those of system conversions. In the process, master data and balances are transferred to the SAP S/4HANA environment on the migration key date. It is also possible to transfer specific objects with all or part of their history.

The working group determines the changes to the corporate structure and business processes that make sense during data migration (so-called valid migration scenarios) following a selective approach that can be combined with the SAP Model Company. The working group will not develop any common new software for selective data migration and customers can continue to freely choose the products and services of the different partners: With SNP BLUEFIELD(TM), SNP offers a product and service portfolio supporting the approach for selective data migration.

'The SAP S/4HANA Selective Data Transition Engagement working group adds a necessary third option to our SAP S/4HANA Move program for scenarios where market requirements make a mere re-implementation or system conversion impossible," said Stefanie Kuebler, VP of Data Management and Landscape Transformation, SAP Digital Business Services. She adds: "Our customers can be confident that the members of this working group understand the opportunities and risks of a selective approach, have expertise in this area, continuously expand their knowledge and share project experiences.'

SNP will provide its own core team of at least five experts, invest knowledge and experience from 25 years in the project, and has high expectations: "We look forward to this collaboration and are convinced that this exchange of best practices at the highest level of knowledge with SAP will be of immense benefit to us, but above all to customers who are about to migrate to SAP S/4HANA," says Dr. Andreas Schneider-Neureither, CEO of SNP SE.

About SNP SNP SE helps organizations transform their business models and use new technologies. Its software and services make it easier to implement technical or commercial changes in global business applications.

CrystalBridge(R) and SNP Transformation Backbone(R) with SAP Landscape Transformation constitute a world-leading software suite for data transformation, enabling SNP to analyze, apply and track changes in IT systems using automated processes. They significantly improve quality while making transformation projects much faster and more cost-effective. The SNP Group has about 1300 employees worldwide.

The company is headquartered in Heidelberg, Germany, and generated revenue of around EUR 131 million in the 2018 fiscal year. It serves multinational companies in all industries. SNP was established in 1994, went public in 2000, and has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since August 2014 (ISIN DE0007203705). Since 2017, the company has been trading as a European company (Societas Europaea/SE).

More information is available at www.snpgroup.com

Contact person SAP Alliances Management Detlef Schulz Telephone: +49 6221 6425-661 Email: Detlef.schulz@snpgroup.com

11.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: SNP Schneider-Neureither & Partner SE Dossenheimer Landstraße 100 69121 Heidelberg

Germany Phone: +49 6221 6425 637 Fax: +49 6221 6425 470 E-mail: investor.relations@snpgroup.com Internet: www.snpgroup.com ISIN: DE0007203705 WKN: 720370 Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange EQS News ID: 822639   End of News DGAP News Service

822639  11.06.2019 

@ dgap.de