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SAP Named a Leader in Cloud Human Capital Management for SAP SuccessFactors Solutions

WALLDORFSAP SE (NYSE: SAP) today announced that it has been named a leader in “The Forrester Wave™: Cloud Human Capital Management, Q2 2020.”

Forrester Research Inc. researched, analyzed and scored 11 human capital management cloud providers and named SAP a leader based on its current offering, strategy and market presence of SAP SuccessFactors solutions.

In the report, Forrester states that SAP SuccessFactors solutions have over 6,800 customers on the SAP SuccessFactors Human Experience Management (HXM) Suite. “Payroll is supported for an impressive 46 countries,” the report cites. It adds that SAP recently renamed SAP SuccessFactors Human Capital Management (HCM) Suite to SAP SuccessFactors HXM Suite to reflect the focus on employee experience management tools from Qualtrics, AI-based user experiences and its formidable partner ecosystem.

The report also noted that it expects SAP to introduce AI-enabled, conversational capabilities that leverage intelligent technologies throughout the SAP SuccessFactors HXM Suite.

“Human experience management is a differentiator in the market, and we believe that the latest Forrester Wave Cloud HCM Report is further validation,” said Meg Bear; senior vice president; Products, Engineering and Operations; SAP SuccessFactors. “The SAP SuccessFactors HXM Suite enables our customers to leverage the voice of every employee to improve processes and enhance experience and, as a result, drive market-leading business results. With our global capabilities, robust partner ecosystem, integration with employee experience management tools from Qualtrics and emerging technologies, like machine learning, our HXM solutions help organizations quickly adjust to rapid changes in the global economy.”

Visit the HR and People Engagement area of sap.com and the SAP News Center. Follow SAP on Twitter at @SuccessFactors and @SAPNews.

Media Contact:
Samantha Yerks, +1 (914) 918-6087, samantha.yerks@sap.com, ET
SAP Press Room; press@sap.com

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
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