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SAP Buys Stake in HCM Visualization Partner

Posted on Tuesday, December 11, 2007 4:30:00 PM       Sign Up to receive Daily News Alerts in your E-mail Inbox                            Digg This Article   Add to Delicious

Abstract:Although the German apps purveyor is already the leader in the human capital management field, its partnership with Nakisa should fills some functionality gaps.
Keywords:HCM visualization, human resources visualization
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Seeking to improve the usability of its market-leading human capital management (HCM) application, SAP AG today announced plans to resell complementary HCM visualization software from Nakisa Inc.

At the same time, SAP said it has made an equity investment in Nakisa through its SAP NetWeaver Fund. The Montreal-based vendor becomes the fifth partner to receive an investment from the SAP NetWeaver Fund, a venture investment program the company created in 2006. SAP declined to reveal the size of its investment in Nakisa.

SAP today said it will resell the Nakisa product as SAP Talent Visualization by Nakisa. The tool will be available to SAP customers running any currently supported version of SAP enterprise applications, said Harry West, SAP's director of ERP solutions management, HCM, in an interview with Managing Automation.

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