SAP launches midmarket software for some markets

Germany's SAP announced the launch of some versions of its updated software for midsize companies, which it is targeting to boost growth, in some of its largest markets.

SAP, which said last week it had missed its 2006 targets for sales of new software licenses, said on Tuesday it would introduce the next version of its All-in-One software worldwide throughout 2007.

Lack of clarity about a timetable for the launch of new midmarket software was a factor cited by investors as disappointing when SAP announced preliminary results last week.

Some versions of the new software will be immediately available in important markets including the United States, Germany and Japan, an SAP spokeswoman said.

Read more...