SAP acquires Pilot Software
Addressing C-level executive requirements for comprehensive analytic applications for performance management, business software giant SAP has acquired Pilot Software Inc., a privately held company specializing in strategy management software.
The acquisition was completed on Feb. 14. Terms of the transaction were not disclosed. While integration plans are still being finalized, Waldorf, Germany-based SAP said it intends to continue operations in the Mountain View offices and that Pilot Software employees would become part of the worldwide network of SAP Labs.
Founded in 2002, Mountain View, CA-based Pilot Software has more than 150 customers worldwide using across a variety of industries including financial services, public sector, retail and many others.
Pilot's flagship product, PilotWorks, helps organizations empower their employees to effectively execute on strategies by aligning the three cornerstones of strategy management -- goals, initiatives and metrics. Additionally, PilotWorks addresses executive requirements around managing goals, initiatives and metrics and codifying strategies to make them relevant to the daily business processes of information workers.
The PilotWorks product will be integrated with SAP applications and built on the SAP NetWeaver platform, allowing SAP customers to leverage their current investments in SAP solutions to gain new business value.
SAP said that as a result of the acquisition, C-level executives can assure that the strategies codified in SAP's analytic applications are translated into execution by their employees through tight integration with SAP's core business applications such as enterprise resource planning, customer relationship management and supply chain management.
SAP said the transaction with Pilot Software is continuing evidence of its strategy to use "fill-in" acquisitions to add to its broad solution offering by gaining specific technologies and capabilities that meet the needs of its customers.