Meppel, the Netherlands, Walldorf, Germany; 30 November ’99. - SAP AG, the worlds largest supplier of enterprise software was presented the AME Research Award 1999 during a meeting at the SAP headquarters in Walldorf. Adriaan Meij, President of AME Research BV, handed Dieter Matheis, Chief Financial Officer of SAP AG, the Award.
Dieter Matheis receives the Award and the report from Adriaan Meij |
The Award winning enterprise was selected out of 100 European Information and Communication Technology Companies. The selection of the price winner is based on a set of financial and qualitative criteria. AME Research has published the research in the report "The European ICT Top 100 Benchmark Report". Objective financial criteria are weighing substantial, although a significant emphasis has been put on qualitative criteria like technological leadership, strategy and vision, market share in the own market segments and customer relationships. Also the financial- and social-economic aspects of the companies were reviewed.
AME Research BV, the European bureau for financial company and market research of the ICT industry, presents the yearly AME Research Award. The hundred selected and researched companies represent total revenues of 328 billion Euro in 1998, realised by 2 million employees.
In a brief statement during the ceremony Dieter Matheis told to be very pleased with the Award. "The Award is based on independent research and is an appreciated recognition for the employees of SAP AG. The recognition underlines the financial strenght of our company and the high quality of our financial reporting", states Matheis.
Adriaan Meij told that SAP, after a period of stainless growth since its establishment in 1972, deserved the Award on the score of its financial strength, strong growth and substantial market share in its own core markets. Meij praised SAP AG for its high qualified financial reporting and steady, stable development of its results. Meij: "Moreover, SAP AG since its establishment can boast on a flawless financial and socio-economic past. That creates trust for the future of this global European enterprise." Meij pleaded the introduction of universal European accountancy regulations on a SAP AG level. He also advocated the foundation of a Pan European stock exchange for ICT shares.
The Award
The AME Research Award is a yearly price adjudged on the basis of independent financial and qualitative research executed by AME Research BV, the European bureau for financial company- and market research of the ICT Industry.
The business line specific research as executed by AME Research is positioned between the European Business Press and high-end technology research. AME Research counts six employees and currently goes through a period of substantial growth. The price is awarded to companies that during a year single out in financial performance and quality. For 1998 Computer management Group PLC was awarded the price.
The Award: a Roman Seat
The Award is a bronze sculpture representing a Roman Seat. It has been designed by Katherina Netto, styled by Judith Velasquez and casted by the expressive artist Henri de Vries. The Roman Seat symbolises a distinguished European level of justice, culture and enterprise spirit. To these elements the Award winning enterprise made a substantial contribution.
The Roman Seat
The research
The research is composed of two phases. During the first phase European ICT companies are investigated on their financial performance with an emphasis on growth of turnover, profitability, yield, liquidity and solvency. On the basis of the results an objective rating is set. During the second phase a judgement about qualitative performance as market share in the core market, results related to market growth, technological leadership, R&D effort, strategy and vision, quality of the management, client focus, overall quality of employment and training is passed. This is based on a company’s history, its current situation and permanent research.
This qualitative judgement can influence the final rating from zero percent to over 30% in both a positive and a negative way. Both phases form the final rating as published in the report The European ICT Top 100 Benchmark Report 1999. The rating goes from "very weak" to "excellent". Second and third places in the 1999 final rating were awarded to CMG and Getronics NV.
About SAP
As the market leader of inter-enterprise software solutions, SAP is leveraging its strength in industry-focused business software and the world’s largest enterprise software customer base to deliver mySAP.com. mySAP.com provides an open collaborative business environment of personalised solutions on demand. This enables companies of all sizes and industries to fully engage their employees, customers and partners to capitalise upon the new Internet economy.
mySAP.com allows people to harness the power of the Internet to work smarter, better and faster by optimising supply chains, managing strategic relationships, reducing time to market, sharing virtual information, and increasing productivity and shareholder value.
SAP is listed on several exchanges including the Frankfurt stock exchange and NYSE under the symbol "SAP." The SAP World Wide Web site can be found at http://www.sap.com.
About AME Research BV
Its founder Adriaan Meij established AME Research BV in 1998 on the basis of 15 years of journalistic research activities in the ICT Industry. The company is specialised in in-depth research of companies, markets and investments in the ICT industry. The results are intended for the management of ICT companies, the investor’s world and the financial industry. AME Research publishes analyses and reports both in hard copy and on line and executes custom-made research. The company employs 6 people and shows a profitable turnover over 1999, that raised by 34% to 310,000 Euro.
For more information please contact:
AME Research BV
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7941 GJ Meppel
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T: +31(0)522 256470
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