Newsbyte: SAP® PartnerEdge® Cloud Choice Helps Partners Accelerate Their Cloud Business and Expand SAP's Channel Focus

WALLDORF, Germany, Aug. 4, 2016 /PRNewswire/ -- SAP NEWSBYTE --  SAP SE (NYSE: SAP) today announced the availability of SAP® PartnerEdge® Cloud Choice, profit option. The innovative SAP PartnerEdge Cloud Choice model will enable SAP partners to accelerate cloud sales, profit from selling in the cloud and deliver digital solutions to help businesses run live. It is part of SAP's plan to accelerate cloud adoption with partners.

The new model will help partners who have concentrated on traditional on-premise solutions — as well as new partners — to establish and maintain a profitable cloud business. It removes the financial liability and risk from partners, allowing them to focus on driving cloud adoption across their organization and customer landscapes. Partners should now be able to realize a steady revenue stream that's locked in for the life of the customer and partner relationship.  

"We are 100% committed to working with our partners in the cloud space," said Rodolpho Cardenuto, president, Global Channels & General Business, SAP. "That's why we are taking a cloud-first approach. It removes the guesswork and immediately gives partners the opportunity to earn a revenue share on contracts, as well as over the life of the relationship. As a key cloud player, SAP must rely on our network of partners to tap into this expanding market and help our mutual customers succeed on the path to digital transformation."

The profit option of SAP PartnerEdge Cloud Choice allows partners to choose how they want to engage with SAP based on their individual capabilities, resources and expertise. The option eases the transition from on-premise to cloud environments. Unlike the traditional models where partners manage every aspect of the transaction, the new model and profit option supplement the partners' activities with elements such as contracting, invoicing and collections.

Additionally, SAP will offer a larger, more predictable revenue stream that may go directly toward partners' bottom lines with the aim of increasing the revenue-share percentage for partners selling cloud solutions from SAP over the total lifetime of the contract.

For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.

Media Contacts:Evan Welsh, SAP, +1 (610) 661-8393, [email protected], ET Nate Hubbell, FleishmanHillard, +1 (617) 692-0531, [email protected], ET

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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SOURCE SAP SE