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SAP to Acquire Khimetrics

Originally published November 22, 2005

SAP AG recently announced that it is acquiring privately held Khimetrics, a provider of enterprise software solutions that allow retailers to analyze how to price and position items to boost margins and optimize demand, deliver accurate profitability forecasts and implement long-term sales strategies that promote customer retention.

The acquisition of Khimetrics comes in the wake of SAP's recent acquisition of Triversity—a North American provider of customer- centric, point-of-sale software solutions—demonstrating continuing evidence of SAP's strategy to acquire narrowly-focused solutions that enhance its offerings and address specific customers' business challenges. The advanced analytical pricing and forecasting technologies from Khimetrics complement SAP's recently added in-store solution and will build on SAP's market-leading retail offering, which extends from the enterprise back office through the retail supply chain and to the store.

Khimetrics' demand intelligence capabilities can be used across all retail verticals including fast moving consumer goods (hardlines) and general merchandise and apparel (softlines). In addition, the user interface of their demand intelligence solutions has been recognized for its intuitive, logical workflow that follows the mind-set of how a retailer works on a day-to-day basis.

Recognizing the growing market opportunity of providing standard software to retailers, SAP has been making strategic investments in key retail functionalities to enhance its retail offering. The imperative to respond to constantly-evolving customer requirements more efficiently is driving retailers away from investment in expensive, in-house development towards standardized software. Flexible, integrated demand intelligence, such as SAP is adding with Khimetrics, will be a key element of an end-to-end retail offering that supports an efficient response to customer demand.

Khimetrics' Java-based solutions will be quickly and smoothly integrated into the SAP for Retail solution portfolio, which is built on the SAP NetWeaver platform. The platform allows retailers to leverage existing IT investments inside an integrated solution landscape and helps reduce the complexity of IT while driving innovation, reducing costs and enabling flexible business strategies. As a result, retailers are able to run their entire business on a single platform rather than on a costly mix of best-of-breed scenarios.

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.