press release
February 13, 2007. By awarding the SAP Product Preferred Partner status the worldwide leading provider of software solutions for business management has confirmed essential expertise of IBS in solutions, such as mySAP Human Resources, mySAP Financials and mySAP Business Intelligence, for banking and financial structures. SAP AG will prefer IBS for its partner when selling Customers its software products and services in this industry segment in the Russian territory.
Boris Volpe, Chief Executive, SAP CIS: “When awarding the status we took into account not only sales volume in this segment or the number of new Customers listed but also the high qualification of IBS consultants as well as marketing activity of the partner in the financial area. IBS is the only company that has kept this status for 2 years running, which is evidence of unique knowledge amassed by our partner when fulfilling projects for banking structures.”
Financial sector is one of the fastest growing sectors of the economy, with a high competition level, and so the corporate information solutions aimed to optimize business processes are in great demand here. Over recent years IBS has been proactively developing the practice of deploying corporate management systems at financial institutions and has been implementing a number of large projects in Russian banks. These include deploying solutions based on SAP AG products in FC URALSIB, NB TRAST and in the bank of Renaissance-Capital.
To companies in the financial sector IBS offers solutions for automation of the most important control functions, such as management of human resources, administrative activities and logistics, planning, budgeting, accounting, etc. Experience in projects implementation for the largest companies allows the company to offer solutions solving banks’ pressing issues in the best way and with regard to peculiarities of Russia.
To be specific, IBS has been implementing projects aimed to create systems based on the SAP solution of Human Capital Management, which allow to automate all HR management functions in banks. The solution deployed by IBS provides not only basic functions of personnel accounting (salary accounting, work hours control, personnel administration), but also supports functions of strategic HR management, such as control of personnel’s training and development, motivation and rewarding, planning of organizational changes, etc.
IBS also has a unique expertise in the area of business applications development based on the technology of corporate data warehouse. On the platform of mySAP Business Intelligence IBS builds systems of corporate reporting, decision-making support, systems of budget planning for variously scaled companies. Use of the corporate data warehouse technology facilitates creation of integrated information environment in companies of various sizes and levels of automation.
Alexander Saxin, Deputy Director of Corporate Management Systems Department, IBS, comments: “Financial institutions are one of the priority markets both for SAP and for our company. Russia's largest practice of corporate management systems developed in IBS facilitates successful implementation of sophisticated complex projects owing to industrial technologies for project management and industry specific expertize of consultants. For the next fiscal year we forecast a circa 40 per cent increase in revenues as a result of deploying corporate management systems in the segment of financial institutions.”
The preferred partner status has been confirmed till the end of 2007.
IBS has worked in the market of SAP AG products deployment for 9 years. In the year 2000 IBS became the first Russian company to obtain the highest SAP partner status, namely SAP Local Alliance Partner. The company has Russia's biggest advisory team for deployment of corporate management systems, and its experience in development of such systems is unique, as confirmed by independed analysts, such as IDC who admits that “IBS is more experienced in SAP products deployment than any other Russian company” (IDC – Russia IT Services 2006-2010 Forecast and 2005 Vendor Shares).
Company’ Profile
IBS is the leader in the Russian market of information technologies and consulting services. It is part of the IBS Group. Information on the Company and its practice in the area of corporate control systems is available at its Web-site: http://www.ibs.ru/, http://www.mis.ibs.ru/
For any further information on IBS, please contact Lada Scherbakova, PR Director, IBS. Tel.: (495) 967-80-80, e-mail: lada@IBS.ru
| 
