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Tagetik Integrates its Unified Performance Management Solution with SAP HANA®

Tagetik signs OEM agreement with SAP; Integration with SAP HANA will enable Tagetik customers to more easily benefit from SAP HANA next-generation in-memory BI, analytics and dashboards

Tagetik, a global provider of enterprise software solutions for performance management, disclosure management, financial governance and business intelligence, today announced it has signed an original equipment manufacturer (OEM) agreement with SAP (NYSE: SAP). Through the agreement, Tagetik has developed integration with the SAP HANA® platform and Tagetik 4 performance management software. In addition, Tagetik 4 has achieved SAP certification as powered by SAP HANA.

“The integration with SAP HANA launches a new phase of open collaboration between Tagetik and SAP, and our new OEM agreement shows that both Tagetik and SAP are committed to continuing to develop this valued partnership,” said Manuel Vellutini, executive vice president and chief operating officer at Tagetik. “Through the integration, we expect current and prospective Tagetik customers will more easily be able to take advantage of the power of SAP HANA and we also expect SAP HANA customers will more easily be able to incorporate Tagetik into their SAP environments. This integration is anticipated to provide SAP customers with yet another way to extract business value from investments in SAP HANA.”

Tagetik 4 integrated with SAP HANA is expected to allow Tagetik and SAP customers to:

  • Access critical financial information with less burden on IT
  • Analyze financial performance and KPIs using SAP® Lumira software
  • Better understand profitability at any level of detail, even customer or SKU
  • Compare alternative scenarios and impact on performance and profitability
  • Identify trends and model financial impact in real time
  • Extend the value generated from investments in SAP HANA
  • Explore the potential of using predictive capabilities to model future impact of decisions

“SAP welcomes Tagetik as an SAP OEM partner,” said Steven Birdsall, senior vice president and general manager, Global OEM Group, SAP. “Teaming with companies like Tagetik underscores our commitment to the SAP partner ecosystem and the value and expertise it can deliver to end customers. Tagetik’s approach based on breakthrough SAP technology is forecasted to greatly enhance its own solution, leveraging analytics and the massive speed and scale of SAP HANA. This is expected to empower their customers to fully unlock the power of their data and help secure insights for executive decision making.”

“Tagetik is fully committed to delivering continued improvements and expansion of our integration with SAP solutions to help provide added value by simplifying the technology architecture for joint customers,” adds Marco Pierallini, executive vice president, chief development officer at Tagetik. “We have leveraged mutual technologies in an effort to add prepackaged integration for SAP HANA as the analytic engine for Tagetik data. In the future, we also plan to add support for SAP HANA as an underlying Tagetik database option that can take advantage of the combined OLAP and OLTP technologies of SAP HANA.”