SNP Schneider-Neureither & Partner SE:

DGAP-News: SNP Schneider-Neureither & Partner SE / Key word(s): Alliance
22.02.2021 / 08:30
The issuer is solely responsible for the content of this announcement.

Corporate News

Successful Launch of "Cloud Move for Azure": SNP Signs Agreement with Microsoft to Expand SAP Cloud Migration Solutions

- SNP enters into a strategic alliance to simplify and accelerate SAP customers' journey to SAP on Azure

- The alliance includes the new CrystalBridge(R) component "Cloud Move for Azure," SAP on Azure pilots, and predefined SAP on Azure migration packages

- As part of a co-development initiative, the companies will continue to work together on new Azure-related software components for CrystalBridge(R)

Heidelberg, Germany, February 22, 2021 - Following the successful launch of "Cloud Move for Azure" last year, SNP Schneider-Neureither & Partner SE will deepen its collaboration with Microsoft . The new standalone software component of the SNP data transformation platform CrystalBridge(R) was developed in close cooperation with the cloud experts at Microsoft and has already been used in migration projects. This has led to results in a matter of days instead of weeks and therefore accelerated the assessment phase. The results have prompted Microsoft to expand its collaboration with SNP as its Preferred Partner for SAP on Azure migrations. In turn, Microsoft will be SNP's preferred cloud provider.

Microsoft customers planning to move to the cloud can migrate their SAP systems quickly and with minimal risk using the new Cloud Move for Azure software as part of the highly automated CrystalBridge(R) platform while also continuing to benefit from the results of joint development and project work in the future. Looking ahead, the agreement shows that the chosen path is the right one for customers and both partners alike: As part of the agreement, the two companies have therefore concluded far-reaching agreements with the aim of driving co-development, joint go-to-market initiatives, co-selling and delivery as well as leveraging the partner ecosystem for scaling and sustainable growth.

"The fact that Microsoft has chosen us as its Preferred Partner at a global level validates our work and our powerful software products, which we want to use to continuously drive the success of our customers," says Michael Eberhardt, CEO of SNP. "In return, we chose Microsoft to be our preferred cloud provider because of their long-standing and extensive enterprise customer experience, the trusting collaboration between our organizations in the past few months, and their comprehensive portfolio for digital transformation. Additionally, we see a great level of trust in Microsoft and SNP from customers all over the world, especially in the SAP market. Together with Microsoft , we have set ambitious goals for the next three years and will continue to work together on our cloud migration solution to help Microsoft 's SAP customers throughout the world move to the Azure Cloud. It is an exciting project that we are very much looking forward to."

Lutz Lambrecht, Vice President SNP Global Partner Management, adds: "Predefined fixed-price packages for the initial Cloud Move for Azure assessments, subsequent proof of concepts, and the migration of SAP workloads will make the customer's journey transparent in the future as well as shorten the transition period. Accordingly, companies can fully concentrate on getting the maximum benefit from their cloud conversion. The SNP BLUEFIELD(TM) approach, which makes it possible to move to Azure and to SAP S/4HANA at the same time, offers them an enormous advantage here. This is because it allows companies to quickly reap all the benefits of new technologies for their business processes."

João Couto, Vice President for SAP Business Unit at Microsoft , explains: "We see a tremendous market opportunity to support SAP customers in accelerating their transformation journey to SAP S/4HANA and the cloud, and SNP is uniquely positioned to help in precisely this area. As a result, we have now chosen SNP as our Preferred Partner for moving SAP customers to the Azure Cloud quickly and securely. By leveraging SNP's solutions and capabilities, we can provide our customers with a simplified and accelerated path to SAP S/4HANA on Azure. The integrated approach and close agreement between SAP , SNP and Microsoft provide SAP customers with extremely reliable planning and a highly automated solution, allowing them to focus on the real innovation potential and business opportunities created by SAP RISE, SAP S/4HANA and Azure as an intelligent platform."

About SNP

SNP is a world-leading provider of software for managing complex digital transformation processes. Instead of traditional IT consulting in the ERP environment, SNP offers an automated approach using specially developed software: The Data Transformation Platform CrystalBridge(R) and the SNP BLUEFIELDTM approach allow companies to restructure and modernize their IT landscapes much more quickly and securely as well as migrate to new systems or cloud environments more securely. This gives customers clear qualitative advantages while at the same time reducing their time and costs.

The SNP Group has around 1,500 employees worldwide. The company is headquartered in Heidelberg, Germany, and generated preliminary revenues of around EUR 143 million in the 2020 fiscal year. It serves multinational companies in all industries. SNP was established in 1994, went public in 2000, and has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since August 2014 (ISIN DE0007203705) and was admitted to the SDAX(R) in March 2020. Since 2017, the company has been trading as a European company (Societas Europaea/SE).

More information is available at www.snpgroup.com

SNP contact

Nicole Huber
Executive Vice President Corporate Development
Phone: +49 6221 6425-920
Email: nicole.huber@snpgroup.com



22.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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