IHS and SAP Launch New Master Data Management Solution
Solution Enables Enterprise Management of Materials Data for Maintenance, Repair and Operations
BANGALORE, INDIA (November 12, 2007) — IHS Inc. (NYSE: IHS), a leading global provider of critical technical information, decision support tools and strategic services, and SAP® today announced the launch of a joint offering for Master Data Management of Maintenance, Repair and Operations (MRO) materials data.
IHS, through its Intermat offering, provides content and services to create standardized and enriched descriptions for industrial MRO items such as pipes, valves, bearings, associated plant equipment and general supply items. With the joint IHS-SAP solution, these standardized, attributed MRO item descriptions and Standard Modifier Dictionary™ (SMD™) description formats can now seamlessly populate the SAP NetWeaver Master Data Management (SAP NetWeaver MDM) platform. As part of this solution, IHS will leverage its SMD “Powered By NetWeaver” content certification.
“SAP Master Data Management provides the perfect platform to manage large quantities of MRO materials records," said Atul Sareen, Vice President - Platforms, SAP India. "Data integrity is absolutely essential when organizations are managing many thousands of MRO item descriptions. Together, IHS and SAP MDM provide customers 100 percent confidence that they can comfortably manage and optimize their MRO inventory, whether they have one plant or 100.”
The agreement includes many facets of joint marketing, including communications, cross-training, sales enablement programs, development and partnership performance management.
“With rapid growth and expansion, especially in India and throughout Asia, companies are relying on their enterprise systems to make informed and efficient business decisions,” said Bert Turner, vice president of IHS Intermat. “IHS Intermat and SAP Master Data Management address that need for managing MRO inventory and assets resulting in decreased cost and increased throughput.”
# # # #
About IHS (www.ihs.com)
IHS (NYSE: IHS) is a leading provider of critical technical information, decision-support tools and related services to customers around the world. Our data and services are used in a wide range of industries, including energy, aerospace and defense, construction, electronics, and automotive. IHS translates the value of our global information, expertise and knowledge to enable customer success and create customer delight on a daily basis. Ranging from governments and large multinational corporations to smaller companies and technical professionals in more than 180 countries, customers rely on our offerings to facilitate decision making, support key processes and improve productivity. IHS has been in business for nearly 50 years and employs more than 3,000 people in 35 locations around the world.
About SAP
SAP is the world’s leading provider of business software*. More than 43,400 customers in more than 120 countries run SAP® applications—from distinct solutions addressing the needs of small and midsize enterprises to suite offerings for global organizations. Powered by the SAP NetWeaver® platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at http://www.sap.com)
(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
IHS is a registered trademark of IHS Inc. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. Copyright © 2007 IHS Inc. All rights reserved.