FRANKFURT – Germany’s SAP announced the launch of some versions of its updated software for mid-sized companies, which it is targeting to boost growth, in some of its largest markets.
SAP, which said last week it had missed its 2006 targets for sales of new software licenses, said on Tuesday it would introduce the next version of its All-in-One software worldwide throughout 2007.
Lack of clarity about a timetable for the launch of new mid-market software was a factor cited by investors as disappointing when SAP announced preliminary results last week.
Some versions of the new software will be immediately available in important markets including the United States, Germany and Japan, an SAP spokeswoman said.
She said details about when the complete range would be available in all areas would be made known over the course of the year.
The company said in a statement the new software had “significant enhancements to provide mid-size companies with greater agility in managing their businesses”.
The new All-in-One offerings promise a PC-like user interface, simpler navigation, applications that can be easily personalized and better help features.
They also promise users more visibility and better analysis of all data in the system, and integrated software for managing customer relations.
SAP shares were up 0.3 percent to 39.26 euros by 0821 GMT, broadly in line with a flat German blue-chip DAX index