In February 2009, with economic doomsayers monopolizing headlines, Sam Sliman, president for Optimal Solutions, wrote an article with a strikingly contrarian premise; namely, that individual businesses as well as the overall economy would recover quicker than expected and at a much faster pace than recoveries from past economic downturns as a direct result of investments made over the past several years in SAP software.
Sam’s three-part article was originally published in the Optimal SAP Advisor newsletter in February and March of this year.
Today, we are about one-third of the way into the quarterly earnings season and a remarkable 78% of the S&P 500 companies have delivered a positive earnings surprise, according to HSBC as reported in Financial Times.
Does this mark the beginning of a sustainable economic recovery? Only an accredited prophet can say for certain, but it is certainly a positive sign, and adds further prescience to Sam’s article published again last week by InsideSAP.
Read Sam Sliman’s three-part article published in toto by InsideSAP:
SAP’s Role in the Economic Upturn (Part One)
SAP’s Role in the Economic Upturn (Part Two)
SAP’s Role in the Economic Upturn (Part Three)
NOTE: Updated information on SAP's global reach: SAP currently has more than 89,000 customers in more than 120 countries, and 69% of the Forbes 2,000 companies run SAP software.