WALLDORF, Germany, May 31, 2012 /PRNewswire/ --SAP NEWSBYTE Extending the industry reach of its analytics portfolio, SAP AG (SAP) today announced a new analytic application for aerospace and defense (A&D). The SAP Program Performance Analysis for A&D analytic application lets A&D program managers and business executives quickly uncover deep insights into their portfolio of programs, including the development of new commercial aircraft, weapon systems, spacecraft and ships. The announcement was made at the EVM World 2012 conference, being held May 30 June 1 in Naples, Florida.

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In the highly competitive A&D industry, program managers must identify the relevant issues of projects throughout their lifecycle by analyzing data collected from many diverse sources. They must gain visibility into key performance indicators (KPIs) such as requirements stability, production quality, or supplier risks, and be able to take quick corrective actions to keep programs on track. The analytic application provides program managers a scorecard view of the performance of multiple programs at once. Additionally, it enables users to drill down through layers of increasing detail to root causes without the delays and manual efforts that plague today's program assessment efforts.

Enabling organizations and individuals to gain real-time, actionable insights, analytic applications from SAP are tailored for specific industries and lines of business to help users overcome the challenges of their unique business climates. SAP Program Performance Analysis for A&D enables program managers to work proactively and avoid commonly experienced setbacks such as cost overruns and schedule delays that cause organizations to lose millions of dollars to annually. It also enables them to clearly visualize all relevant data to help stakeholders improve overall decision-making and ensure program goals are achieved.

Since the analytic application is powered by the SAP HANA platform, it can process large volumes of data from any data source in memory, meaning the results of complex analyses and transactions are produced immediately. With this information, program managers can base reports and tactics on comprehensive business intelligence (BI) from the entire value chain. They can also easily determine the status of tasks and run ad-hoc queries to drill down on granular metrics.

To learn more, watch a product demo: "SAP Program Performance Analysis for Aerospace & Defense Sharpening Operational Insight and Boosting Program Performance." For more information, visit the SAP Newsroom. Follow SAP on Twitter at @sapnews and @businessobjects.

Media Contacts: Susan Miller, SAP, +1 (610) 661-9225, susan.miller@sap.com, EDT Atle Erlingsson, SAP, +1 (415) 858-8149, atle.erlingsson@sap.com, PDT Jeff Shadid, Burson-Marsteller, +1 (214) 224-8419, jeff.shadid@bm.com, CDT

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Newsbyte: SAP Broadens Industry Reach With New Analytic Application for Aerospace and Defense