EANS-News: SAF AG
Test lab results show proven scalability of huge data
volumes of SAF RetailSuite
Tägerwilen (euro adhoc) -
SAF awarded Advanced Level Business Partner Status at IBM
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Company Information/scalability of SAF RetailSuite
- Successful performance tests of SAF RetailSuite at the IBM Innovation Center Zürich - Providing customers with a highly scalable automated replenishment solution - Great opportunity for further business development
Tägerwilen/Switzerland, September 7, 2009
SAF AG, which is listed in the Prime Standard (ISIN CH0024848738) and is one of the world's leading manufacturers of automated forecasting and replenishment systems for retail, has achieved Advanced Level Business Partner Status within IBM's PartnerWorld program. SAF earned the Advanced Status recognizing the implementation of its replenishment solution SAF RetailSuite at one of its US clients - a worldwide leading retail chain.
Based on real customer data, SAF and IBM have successfully conducted performance tests of SAF RetailSuite at the IBM Innovation Center in Zürich, Switzerland. The SAF solution computed orders of 1,000 stores which reflect calculations for more than 47 million SKUs in a well defined time window at every day. The complexity of the calculation is not only composed by the volume of data but also by the consideration of demand influencing factors for each SKU. The solution considered in its demand forecast 18 demand influencing factors per SKU. Handling such a huge volume of data the solution has proven the linear scalability of the SAF RetailSuite to at least 1,000 stores as well as its stability by leveraging the IBM DB2 database and IBM WebSphere MQ on the IBM Power 570 System.
SAF's customers benefit from the company's expertise in offering solutions to the retail industry targeted at reducing inventory levels, out of stocks and capital costs while increasing product availability. "Through the enhanced business relationship to IBM, SAF takes a further step in ensuring that our customers achieve the highest possible return on their technology investments", comments Oliver Drehmann, COO at SAF the increased relationship to IBM and adds, "users of SAF RetailSuite will benefit from the improved ability to plan projects in terms of budget and investment. Furthermore, implementation risks as well as total costs of ownership (TCO) can be lowered and ROI can be realized faster."
"IBM's global structure and SAF offerings combined will provide customers with a highly scalable automated replenishment solution and SAF with a great opportunity to develop its business further" assesses Dr. Andreas von Beringe, CEO and President at SAF, the prospects for SAF.
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About SAF AG SAF Simulation, Analysis and Forecasting AG specializes in the development of automated ordering and forecasting software for retailers and industrial manufacturers. SAF deploys the demand chain management approach, which controls replenishment planning based on consumer demand patterns. SAF software assists users to realize substantial cost savings and optimizes general logistics conditions through its simulation capabilities. As a result, significant competitive advantages are achieved along the entire value chain: lower inventories, improved product availability, and last, but not least, a higher level of customer satisfaction.
SAF AG was established in 1996 by Dr. Andreas von Beringe and Prof. Dr. Gerhard Arminger. SAF shares are listed at the official market (Prime Standard) at the Frankfurt Stock Exchange (FWB). Today, the company employs approx. 100 people. Consolidated sales revenues for fiscal year 2008, were approx. 13.4 million EUR with consolidated profit of 2.1 million EUR according to IFRS statements. SAF's products are distributed in many European countries as well as in the United States. The company is headquartered in Tägerwilen, Switzerland. SAF also has a subsidiary in the United States: SAF Simulation, Analysis and Forecasting U.S.A., Inc., Grapevine, Texas and in Slovakia, Bratislava: SAF Simulation, Analysis and Forecasting Slovakia s.r.o. with the focus on Nearshore-Development.
Forward Looking Statements and Estimates This information contains forward looking statements based on assumptions and estimates of SAF's Management Board. Although we assume the expectations in these forward looking statements are realistic, we cannot guarantee they will prove to be correct. The assumptions may harbor risks and uncertainties that may cause the actual figures to differ considerably from the forward looking statements. Factors that may cause such discrepancies include, among other things, risks that are mentioned in the annual report 2008. SAF does not plan to update the forward looking statements, nor does it assume the obligation to do so.
end of announcement euro adhoc
Further inquiry note:
Astrid Strömer
+41 (0)71 666 79 48
astrid.stroemer@saf-ag.com
Branche: Software
ISIN: CH0024848738
WKN: A0JD78
Index: Prime All Share, Technologie All Share
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade