FOLSOM, CA--(Marketwired - February 25, 2016) - KPIT Technologies (BSE: 532400) (NSE: KPIT), a global technology company specializing in IT consulting and product engineering, today announced that it has been named as a "Leader" in the recently published IDC MarketScape: Worldwide Professional Services Firms for SAP® Business Suite Powered by SAP HANA® in Manufacturing 2016 Vendor Assessment (doc US40961315, January 2016).
The IDC Manufacturing Insights report presents a vendor assessment, through the IDC MarketScape assessment model, of service providers offering professional services for SAP Business Suite powered by SAP HANA to the manufacturing industry. The evaluation is based on a comprehensive and rigorous framework that assesses the offerings and capabilities that service providers are delivering to the market.
"The leadership position in this IDC MarketScape is a result of the tremendous efforts by a world-class team, committed to helping manufacturing organizations leverage SAP HANA as a platform to fuel innovation and growth," said Anand Chellam, global head, SAP Business Unit, KPIT. "We thank our customer champions who have worked closely with KPIT on many innovative projects and have made the realization of value from SAP Business Suite powered by SAP HANA for their businesses a reality," added Chellam.
As an early implementer of the SAP ERP application powered by SAP HANA with Varian Medical Systems in the spring of 2014, KPIT has since developed a significant portfolio of accelerator tools and IP supporting migrations, optimizations and implementations of SAP Business Suite powered by SAP HANA. KPIT further combines its engineering experience with IT to pioneer industry-led use-cases on SAP HANA, spanning sensor management and the Internet of Things (IoT), machine analytics, predictive maintenance, warranty analytics, connected manufacturing and beyond.
The report highlights that "KPIT demonstrates services maturity across the swath of SAP HANA and Suite on HANA technologies, with over 60 projects including SAP S/4HANA. KPIT has developed a number of pre-configured offerings for manufacturing sub-verticals, including industrial (IMCEdge), automotive (AutoEDGE), high tech (HitechEDGE), medical device (MedEDGE), and forest/building/mill products. The offerings are tailored to specific pain points within each vertical and reflect KPIT's understanding of how to tie Suite on HANA to the most pressing business challenges for manufacturers."
"Manufacturers are looking at new technologies such as SAP Business Suite powered by SAP HANA to help them achieve greater operating efficiency and faster decision making. They need service providers that bring both the SAP and manufacturing industry experience to help them leverage Suite on HANA and prepare for the transition to SAP S/4HANA. At this stage of the market, there are service providers that are aggressively building their capabilities and offerings, as well as enabling manufacturers to realize value from running SAP applications on the SAP HANA platform. We expect to see this market continue to expand in the coming years," according to Kimberly Knickle, vice president, IT Priorities and Strategies, IDC Manufacturing Insights.
Visit IDC for more information about the IDC MarketScape: "Worldwide Professional Services Firms for SAP Business Suite Powered by SAP HANA in Manufacturing," 2016 Vendor Assessment.
About KPIT Technologies Ltd.
KPIT (BSE: 532400) (NSE: KPIT)is a global technology company specializing in providing IT Consulting and Product Engineering solutions and services to Automotive, Manufacturing, Energy & Utilities and Life Sciences companies. Together with its customers and partners, it creates and delivers technologies to enable creating a cleaner, greener, and more intelligent world that is sustainable and efficient. -- See more at: http://www.kpit.com/company/newsroom/press-release/2016/kpit-honored-with-jewels-of-digital-maestro-awardsthash.jwriwFG8.dpuf
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