This entry was posted by admin on March 2, 2010 at 1:30 pm under SAP Corporate News, SAP Data Management News.

Specialty chemical manufacturer 3M announced this week that it would introduce href=”http://www.winshuttle.com/SAP-and-Excel-solutions.html” target=”_self”>SAP data management solutions as replacements for several outdated product lines, including several made by SAP’s bitter rival, Oracle.

3M, reported Doug Henschen of Information Week, "is a major win and essentially a new ERP customer for SAP. Well known for consumer products ranging from Scotch Tape to Post-it notes, the manufacturer has also extended into the health care, security, electronics, and graphics businesses."

Altimeter Group analyst Ray Wang told PC World that the deal is likely worth about $35 million in license revenues, and that 3M will pay SAP millions more in maintenance fees each year in exchange for support. IDC Manufacturing Insights analyst Bob Parker told the publication that this type of large-scale event is rare, adding that "it’s a pretty saturated market at the enterprise level. Most people have picked an ERP team to play on."

"SAP business solutions will play an important enabling role in unifying core processes globally and supporting our ongoing strategy of meeting customer needs wherever they are. We expect the SAP deployment to provide significant value to 3M in the coming years," said Ernie Park, 3M vice president and CIO.