Onward Technologies soars on partnering with SAP to distribute and resell shrewd ERP Suite

Onward Technologies soars on partnering with SAP to distribute and resell shrewd ERP Suite

by admin- Monday, January 7th, 2019 04:45:57 PM

Onward Technologies is currently buying and selling at Rs. 72.Forty five, up by 1.60 points or 2.26% from its preceding closing of Rs. 70.85 at the BSE.

The scrip opened at Rs. Seventy two.25 and has touched a excessive and coffee of Rs. Seventy three.65 and Rs. 68.Ninety five respectively. So some distance 1838 stocks were traded on the counter.

The BSE institution ‘B’ inventory of face value Rs. 10 has touched a 52 week high of Rs. 136.90 on 08-Jan-2018 and a fifty two week low of Rs. Forty five.60 on 09-Oct-2018.

Last one week excessive and occasional of the scrip stood at Rs. Seventy six.Ninety and Rs. 58.00 respectively. The modern-day marketplace cap of the enterprise is Rs. 114.12 crore.

The promoters keeping in the employer stood at fifty seven.Eighty four%, whilst Institutions and Non-Institutions held zero.05% and 42.10% respectively.

Onward Technologies has entered into strategic partnership with SAP SE with the intention to allow the former to promote and assist end to end ERP implementation centered on SAP S/4HANA – providing customers with an accelerated course for digital transformation.

As part of the agreement, Onward Technologies will marketplace, distribute and sublicense SAP HANA solution software program as a bundled product to their customers with a top awareness on SAP S/4HANA. The agency will combine its existing engineering portfolio and fee-introduced offerings with SAP HANA and personalize them to address an employer’s particular desires, together with commercial enterprise intelligence (BI) and analytics, throughout industries. This will assist organisations simplify increasingly complex enterprise processes and upgrade their infrastructure.

SAP S/4HANA is a market-leading actual-time business enterprise useful resource making plans suite constructed on our advanced in reminiscence platform, SAP HANA. With over 9,500 clients globally, this solution has enabled agencies of every length, seize essential opportunities within the virtual international. By putting off common limitations associated with legacy ERP programs, the S/4HANA has helped simplify the IT landscape and in flip digitally transform corporations.

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