SAP Portals a Leader in Portal Products Magic Quadrant | |
According to an Industry-Leading, Independent Research Firm, SAP Portals is a Leader In Its Completeness of Vision and Ability to Execute Within the Portal Products Market SAN JOSE, Calif. - Aug. 1, 2001 - SAP Portals, Inc., a provider of enterprise information portals and business intelligence products and wholly owned subsidiary of SAP AG (NYSE: SAP), has been listed as a leader for its completeness of vision and ability to execute among vendors in the 2H01 Portal Products Magic Quadrant released July 23, 2001. In the report prepared by Gartner Inc. Vice President and Research Director Gene Phifer and available at http://www.gartner.com/reprints/sap/99677.html, SAP Portals is listed as the leader of the quadrant in the portal product market due to the combination of visionary technology and the strong financial backing and customer base of SAP. "What is clear is that for the first time, leaders are emerging within the highly competitive and overcrowded portal products market," said Gene Phifer, vice president and research director at Gartner. "The strong combination of vision and the ability to execute this vision is positioning portal vendors to be the leaders in their market." "SAP Portals is pleased to be listed as a leader in the 2H01 Portal Products Magic Quadrant," said SAP Portals CEO Shai Agassi. "It is rewarding to be acknowledged for our strategic portals vision and leadership in the marketplace, and we are committed to expanding on our vision for innovative enterprise solutions." Gartner is a research and advisory firm that helps more than 10,000 clients understand technology and drive business growth. Gartner's Magic Quadrant positions vendors in a particular market segment based on their vision and ability to execute that vision. Leaders are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market. The 2H01 Portal Products Magic Quadrant assesses and categorizes major portal vendors and places them in one of four quadrants: Leader, Challenger, Visionary or Niche Player. SAP AG announced the formation of SAP Portals in April. The company has over 800 employees, more than 6 million users and more than 2,000 customers. SAP Portals has developed an open partnership model that fosters a broad technology and content ecosystem and has OEM licensing arrangements with several leading companies. In addition to integrating SAP applications, customers can incorporate all types of information products, applications and technology from a variety of vendors into their portal platform. The SAP Portals portfolio includes enterprise portals, business intelligence applications, unique content offerings and professional services. Enterprise portal offerings are composed of SAP Portals' Enterprise Information Portal, SAP Portals' Enterprise Collaboration Portal and SAP Portals' Enterprise Unification Portal. These products offer industry-leading cross-product integration, a dynamic user interface and the most innovative design and function within a portals product. For more information, press only: About SAP Portals 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 "believe," "estimate," "intend," "may," "will," "expect," and "project" and similar expressions as they relate to the Company are intended to identify such forward-looking statements. The Company 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 the Company's future financial results are discussed more fully in the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the Company's Annual Report on Form 20-F for 2000 filed with the SEC on March 28, 2001. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. |