Gazprom and SAP to jointly create Russian software manufacturing company
Andrey Kruglov, Deputy Chairman of the Gazprom Management Committee, and Stefan Ries, Member of the Executive Board of SAP SE, signed a Memorandum of Understanding today at the St. Petersburg International Economic Forum 2016.
The Memorandum reflects the strategic nature of the companies' cooperation. It aims to improve the reliability of Gazprom's information management systems based on SAP's software solutions, develop those systems further, and introduce innovative information technologies in the Company's operations.
The parties intend to establish a joint company in Russia with the purpose of developing Russian software for automation of business administration processes. The software, which will be developed in Gazprom Group's interest, may be adapted to the needs of other potential consumers in the future. The joint company is expected to begin operations before the end of 2016.
Background
SAP SE produces software for automation of business administration processes and provides technical support and consulting services to users of the systems based on SAP's software solutions.
|
Media +7 495 719-10-77 +7 495 719-47-36 +7 495 719-24-32 +7 495 719-28-01 |
Investment Community +7 495 719-34-83 ir@gazprom.ru |
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
