Tangoe, Inc. (NASDAQ: TNGO), a leading global provider of Mobile Communications Lifecycle Management (CLM) software and related services, today announced that it has signed a Software Development Cooperation Agreement with SAP AG. Under terms of the agreement, Tangoe and SAP will work cooperatively to integrate Tangoe’s Mobile TEM software suite with the SAP Mobile Secure portfolio including SAP® Afaria® 7.0.
Specifically, the agreement enables Tangoe and SAP to develop interoperability between the SAP Afaria mobile device management software and Tangoe’s procurement, fulfillment, invoice processing, expense allocation, asset management, plan optimization, catalog management and carrier payment capabilities.
“The exponential growth of enterprise mobile computing requires robust and globally available solutions to proactively manage mobility usage,” said Sanjay Poonen, president of Technology Solutions and head of Mobile Division, SAP. “Companies can no longer focus on one aspect of enterprise mobility management but must instead take a holistic view of their mobile ecosystem. We anticipate that our software development cooperation agreement with Tangoe will expand the SAP Mobile Secure portfolio to manage mobile communications in addition to mobile devices, applications and content.”
“We are excited about this software development cooperation agreement with SAP,” said Al Subbloie, president, CEO, and founder of Tangoe. “This agreement marks a critically important phase of a potential multi-phased relationship with SAP. More importantly, the agreement brings together one of the industry’s broadest enterprise mobility software providers and a leading provider of Mobile CLM solutions in order to more fully address the number-one trend impacting enterprises today – mobility management. We are optimistic that our combined innovation will further enable enterprises to harness the potential of mobility for transforming their business.”
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 238,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
Tangoe (NASDAQ: TNGO) is a leading global provider of Communications Lifecycle Management (CLM) software and services to a wide range of global enterprises. CLM encompasses the entire lifecycle of an enterprise’s communications assets and services, including planning and sourcing, procurement and provisioning, inventory and usage management, mobile device management, invoice processing, expense allocation and accounting, and asset decommissioning and disposal. Tangoe’s Communications Management Platform (CMP) is an on-demand suite of software designed to manage and optimize the complex processes and expenses associated with this lifecycle for both fixed and mobile communications assets and services. Tangoe’s customers can also manage their communications assets and services by engaging Tangoe’s client service group.
Additional information about Tangoe can be found at www.tangoe.com. Tangoe is a registered trademark of Tangoe, Inc.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Jason Ouellette, 1-617-502-4300
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