SAP Launches Business One OnDemand ERP with Partners
SAP (NYSE:SAP) has announced a new cloud-based version of its Business One ERP suite, which will be sold through its partners as Business One OnDemand. The new product will be offered as a low cost solution to small businesses that want to use SAP’s Business One ERP applications. The new version of Business One is a multi-tenant version, which enables multiple customers to use the same instance of the application with their data stored separately. This enables SAP’s certified partners to offer it at a much lower price than the regular version of Business One or Business ByDesign. [1]
Check out our complete analysis for SAP
SAP targeting budget conscious small business with new ERP offering
- Flush With Cash Following Qualtrics Deal, Is SAP Stock A Buy?
- With Enterprise Spending Slowing, Is SAP Stock Still A Good Buy?
- Up 29% Over The Past Month, What’s Next For SAP Stock?
- Where Is SAP Stock Headed Following Q2 Results?
- Forecast Of The Day: SAP’s Cloud Subscriptions And Support Revenue
- SAP’s Q1 Results Were Mixed, But The Stock Still Looks Like A Buy
SAP will continue to offer Business One and the advanced Business ByDesign cloud based ERP suite to customers as usual. It also launched another version of Business ByDesign recently, which is targeted at ERP needs for specific industries. With the new launch, SAP is focusing on cost-conscious small businesses to expand the reach of its ERP solutions by leveraging the on-demand software model.
SAP competes primarily with Oracle (NASDAQ:ORCL), Microsoft (NASDAQ:MSFT) and Salesforce.com (NYSE:CRM) in the cloud-based ERP software market.
Understand How a Company’s Products Impact its Stock Price at Trefis
Notes:- SAP Rolling out Cloud-savvy Version of Business One, PC World [↩]