By Patrick Costello

Schaeffler AG (SHA.XE) said Tuesday that has it entered a strategic partnership with business software provider SAP SE (SAP.XE) to further develop the German automotive-parts supplier's IT application systems and digital capabilities.

Schaeffler said it would integrate SAP services into its IT infrastructure and projects in order to boost efficiency across the company and improve its IT landscape.

Among the products to be integrated into Schaeffler's systems under the partnership are SAP's S/4 HANA software and SuccessFactors, which will optimize Schaeffler's business processes and promote the company's digitization efforts, Schaeffler said.

Write to Patrick Costello at patrick.costello@dowjones.com.

(END) Dow Jones Newswires

August 13, 2019 03:44 ET (07:44 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
Sap (TG:SAP)
Historical Stock Chart
Von Mär 2024 bis Apr 2024 Click Here for more Sap Charts.
Sap (TG:SAP)
Historical Stock Chart
Von Apr 2023 bis Apr 2024 Click Here for more Sap Charts.