SAP is getting a little help from Microsoft in taking on Oracle in the EPM (enterprise performance management) sector, and has already managed to wrangle a major customer from the competition.
CKE Restaurants, which owns recognizable brands like Carl's Jr. and Hardees, had been using Oracle's Hyperion software for the past one and a half decades to help plan out budgets, make forecasts, and consolidate financial data. That is, until SAP snagged the account. CKE Restaurants made the switch to SAP's BusinessObjects Planning and Consolidation project this year.
Oracle purchased Hyperion in 2007 for a cool $3.3 billion, but according to Tom Lindblom, CTO of CKE Restaurants, it not only became "bigger and more comprehensive," but also too complex. With SAP's EPM software, CKE will "gain the ability to take much more current data and in essence morph the forecasting process into the budgeting process," Lindblom added.
While this is a major win for SAP, the company hopes it's just the beginning, and that's something Microsoft may be able to help with. SAP and Microsoft announced last month that the Redmond outfit would back BusinessObjects Planning and Consolidation as "a preferred solution for companies running their business applications on the Microsoft platform."
Image Credit: SAP