TAMPA, Fla., Jan. 22 /PRNewswire-FirstCall/ -- Further demonstrating market leadership in the utilities industry, SAP AG (NYSE: SAP) today announced that Florida Power & Light Company (NYSE: FPL), one of the largest power utilities in the United States, has selected the SAP(R) for Utilities solution portfolio. FPL will consolidate numerous disparate systems to better manage corporate planning, asset management and compliance reporting, and provide a standard platform to support the company's growth strategy. Expanding on its existing SAP footprint in financials, supply chain and human resources, FPL will standardize on the SAP NetWeaver(R) technology platform to more quickly and easily integrate new systems as its business continues to expand. The announcement was made at the DistribuTECH 2008 Conference and Exhibition, being held in Tampa, Florida, January 22-24.
TAMPA, Fla., Jan. 22 /PRNewswire-FirstCall/ — Further demonstrating market leadership in the utilities industry, SAP AG (NYSE: SAP) today announced that Florida Power & Light Company (NYSE: FPL), one of the largest power utilities in the United States, has selected the SAP(R) for Utilities solution portfolio. FPL will consolidate numerous disparate systems to better manage corporate planning, asset management and compliance reporting, and provide a standard platform to support the company's growth strategy. Expanding on its existing SAP footprint in financials, supply chain and human resources, FPL will standardize on the SAP NetWeaver(R) technology platform to more quickly and easily integrate new systems as its business continues to expand. The announcement was made at the DistribuTECH 2008 Conference and Exhibition, being held in Tampa, Florida, January 22-24.
"SAP's solution set for utilities, combined with the company's overall industry expertise, provides the tools we need in order to best position our companies for success," said Dennis Klinger, CIO, Florida Power & Light. "Managing assets, reaching customers and enabling corporate executives to make sound decisions for growth are all mission-critical priorities for today's utilities. Our focus is to provide better visibility and access to data and the ability to analyze it so that we can optimize our assets, identify opportunities that make sense and create products and services that our customers demand."
FPL will implement the SAP for Utilities set of solutions to address industry challenges of compliance, performance management and planning. The portfolio will provide better visibility into asset operations, including the operation of the nation's largest wind farm. To facilitate a smooth and rapid transition to SAP solutions for end users, FPL will leverage Duet(TM) software from SAP and Microsoft to provide users with access to applications from a familiar Microsoft Office interface.
"Today's utilities are faced with many challenges and opportunities, from creating energy through wind farms to identifying ways to reduce consumption and environmental impact," said Maureen Coveney, industry principal, Utilities, SAP Americas. "Efficient and robust IT solutions are required to help utilities in efforts to please investors, customers and regulators alike. We are proud of SAP's distinguished reputation and leadership in providing the tools best designed for the needs of our more than 1,150 utility customers worldwide."
About SAP for Utilities
The SAP(R) for Utilities solution portfolio employs more than 35 years of industry experience to deliver end-to-end processes through all vital utilities-specific business domains, market roles and supply services. The solution portfolio drives efficiencies and provides more flexibility to transforming utilities markets by using enterprise service-oriented architecture (enterprise SOA) and the SAP NetWeaver(R) technology platform. More than 1,150 utilities in over 70 countries run solutions from SAP in areas including customer relationship and billing, extending business processes into advanced metering infrastructures, market communication, technical asset management for generation and T&D, sourcing and procurement, enterprise management, as well as midsize municipal utility and water services. (Additional information at http://www.sap.com/industries/utilities/)
SAP is the world's leading provider of business software*. Today, more than 43,400 customers in more than 120 countries run SAP(R) applications — from distinct solutions addressing the needs of small businesses and midsize companies to suite offerings for global organizations. Powered by the SAP NetWeaver(R) technology platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol "SAP." (Additional information at <http://www.sap.com>)
(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
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