SAP to wind down SME software
[FRANKFURT] German business software maker SAP is winding down a web-based software product for small to mid-sized businesses, a German magazine reported.
Business weekly Wirtschaftswoche said SAP would stop the development of a software dubbed Business By Design, although existing customers will be able to continue to use it.
An SAP spokesman said on Saturday that development capacity for Business By Design was being reduced, but that the product was not being shut down. SAP originally projected that Business by Design - which was launched in 2010 - would reach 10,000 customers and generate US$1 billion of revenue.
The magazine reported, however, that the product, which cost roughly three billion euros (S$5 billion) to develop, currently has only 785 customers and is expected to generate no more than 23 million euros in sales this year.
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