Bristlecone signs OEM partnership agreement with SAP to leverage SAP BusinessObjects Cloud as part of its comprehensive supply chain, procurement and analytics offerings on Bristlecone NEO platform
SAN JOSE, CA, May 11, 2017 /CNW/ - Bristlecone announced that it has signed an original equipment manufacturer (OEM) agreement with SAP (NYSE: SAP). Through this alignment, Bristlecone will integrate and provide the next-generation analytics for the SAP HANA® platform with its NEO platform. The bundled offering is expected to provide customers with digitally connected supply chain solutions powered by analytics.
Last year, Bristlecone launched NEO, its own advanced analytics platform focused on providing supply chain and procurement analytics. Over the year, Bristlecone introduced various applications on the NEO platform, including Inventory Optimization, Forecast Accuracy, Smart Procurement, Spend Analytics and Financial Supply Chain Analytics. NEO has experienced strong customer adoption due to its business-focused solutions, quick ROI and lower TCO. In its first year, NEO was recognized by industry analyst Gartner in its May 2016 report*.
"This partnership is a game changer, as it expands NEO capabilities, empowering us to address customer challenges by adopting SAP HANA and SAP BusinessObjects Cloud," said Irfan A. Khan, CEO and President of Bristlecone. "NEO, combined with our digital enterprise capabilities like Internet of Everything, mobility and cloud, supports Bristlecone as we partner with organizations to enable end-to-end digitally connected supply chains powered by analytics," he added.
"We are pleased to welcome Bristlecone as an analytics OEM partner," said Steve Erdman, SVP and GM Global ISV, Cloud and Platform Partnerships at SAP. "Over the last two decades, Bristlecone has been a specialized partner in the supply chain ecosystem. Leveraging their expertise to extend into next-generation advanced analytics on SAP HANA is a logical step in our collaboration. By integrating SAP BusinessObjects Cloud with Bristlecone NEO, we expect the offering to provide customers a one-stop solution to help them realize their analytics and digital boardroom vision."
SAP BusinessObjects Cloud combines planning, business intelligence and predictive analytics in a single cloud-based solution. It also simplifies financial planning and analysis and enables users to analyze data and collaborate in the context of plans in real time.
Bristlecone is a premier Supply Chain Advisory and Analytics SaaS+ firm focused on enabling digitally connected supply chains. A leader in advising clients on how to maximize the strategic value of their supply chain and business analytics, Bristlecone assists customers to unleash that value rapidly through effective use of enabling technologies. Rated by Gartner among the top Supply Chain Management System Integrators, Bristlecone has enabled strategic, incremental value for over 300 customers across multiple industry verticals. With its singular focus on addressing procurement, supply chain and analytics challenges, Bristlecone helps clients diagnose, design, enable and enhance their operations by encapsulating years of experience into pre-configured solutions, accelerated deployments and enhancement packs for the leading supply chain technologies.
Headquartered in California's Silicon Valley, Bristlecone also has offices located across the United States, Germany, Switzerland, Singapore, Malaysia, UAE and India. Bristlecone is a subsidiary of the Mahindra Group. To know more visit: http://www.bcone.com
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SAP Forward-looking Statement
Any statements contained in this document that are not 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.
*Market Guide for Supply Chain Cost-to-Serve Analytics Technology by Stan Aronow published on 26 May 2016
SOURCE Bristlecone Inc
For further information: Media Contact: Prashant Mendki, Director of Alliances, Bristlecone Inc., +1-650-386-4090, [email protected]