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2006-03-01 News Headlines
DOW chemicals and plastics extends SAP partnership Leading chemicals and plastics manufacturer DOW to further build on relationship with SAP AG who will continue to aide in fostering growth with next-generation IT applications.
The Dow Chemical Company (NYSE: DOW) announces it has entered into an
agreement with long-standing strategic partner SAP AG (NYSE: SAP) to provide
next-generation technology that will enable Dow to meet current and future
strategic business objectives. "SAP's strategic direction fits our
direction," said Dave Kepler, corporate vice president, Shared Services,
and CIO for Dow. "It makes sense to build on our relationship with
SAP, which has fostered growth and success for both companies during the
past two decades." Dow is taking a multi-year approach to the deployment of the SAP technology. The company will be an early large-scale global adopter of mySAP™ Business Suite and the SAP NetWeaver® platform, positioning the company to exploit evolving business models and increase integration with its customers and suppliers. "SAP technology increases our agility and flexibility so we can more effectively collaborate with business partners and take advantage of worldwide growth opportunities far into the foreseeable future," said Kepler. "Dow is setting an example across industry, working to create efficiencies that enhance productivity and increase the ease of doing business with Dow." "SAP shares a common vision with its customers: creating the flexible business models that will define tomorrow's competitive edge and sustainable growth," said Henning Kagermann, CEO, SAP. "As one of our longest-standing customers, Dow's migration stands as a strong validation of SAP's clear vision, sound strategy and compelling road map for our customers' evolution to SAP's next-generation applications." "This agreement is a major milestone in our IT strategy and will
enable Dow's businesses and customers to run better, faster and safer
than anyone," added Kepler.
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