Who has the cash??

A liitle piece of analyst work surfaced on the web today – Morningstar Inc. analysts have been working through which companies have generated free cash flow over the past 3 years – SAP weigh in at position 12.

Here are the top 20 companies ranked by free cash flow (operating cash flow minus capital expenditures).

Tokyo Dome, TKDOY, business support, $39.8 billion

Volkswagen AG, VLKAY, auto maker, $19.5 billion

Hennes & Mauritz AB, HNNMY, specialty retail, $11.8 billion

Arcelor Mittal, MT, steel/iron, $11.1 billion

BHP Billiton Ltd., BBL, mining, $9.3 billion

Apple Inc., AAPL, computer equipment, $8.5 billion

Oracle Corp., ORCL, business applications, $7.6 billion

Nestle SA, NSRGY, food manufacturing, $7.1 billion

MMC Norilsk Nickel, MMC, metal products, $6.2 billion

United Technologies, UTX, diversified-industrial materials, $4.9 billion

Google Inc., GOOG, business/online services, $4.8 billion

SAP Corp., SAP, business applications, $3.3 billion

Bank of Nova Scotia, BNS, international bank, $3.3 billion

Bayer AG, BAYRY, chemicals, $3.2 billion

Imperial Oil, IMO, imperial/gas services, $3.2 billion

Bristol-Myers Squibb Co., BMY, drugs, $3 billion

General Dynamics, GD, aerospace/defense, $2.9 billion

BCE Inc., BCE, telecom services, $2.9 billion

Emerson Electric Co., EMR, electric equipment, $2.6 billion

eBay, Inc., EBAY, online retail, $2.5 billion

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SAP Enterprise support – education session

If you are a member of the SAP UK & Ireland User Group this is what is available to you next week  wk com 19/01/09 (but hurry because it is nearly full) – and if you’re not this is what you are missing out on.

 

Event Title: Implementation & Support SIG
Location: SAP UK Ltd, Clockhouse Place, nr Heathrow
Date: Thursday 22nd January 2009
Time: 09:30:00
Places Remaining: 4
 
Description:  

This meeting is kindly being sponsored by Steria UK and will be themed around key support activities and how to get best value from the support offered by SAP plus the new functionality being made available in the latest version of Solution Manager.
 
SAP will present the session Leveraging the baseline value from Enterprise Support.  What you need to have in place from SAP Solution Manager perspective to extract all possible value scenarios from Enterprise Support.
 
An SAP representative will deliver the presentation The significance of new developments in Solution Manager to bring benefits to your business.  What are the new main features and benefits included in Support Pack 18 from SAP Solution Manager.
 
Mathias Fabienke from SAP AG will present to the group What standards do you work to in your business that bring structure?  Run SAP defines standards for solution operations to manage SAP solutions, as well as the methodology for the implementation of these solutions. This session will provide an overview of the standards and also provide an overview of a Run SAP project.
 
Paul Baines from Steria UK will present to the group Why Run SAP & How to Ensure Success.  Why Steria embraced Run SAP, including Run SAP strategy – what and more importantly who do we need to put Run SAP in place, and Steria’s scalable model for operations and solution manager.
 
Timo Schumacher from SAP AG will present CCOE – The new Customer Centre of Excellence.  The Customer Competence Center program has been recast as the Customer Center of Expertise program (Customer COE) and guides you with a quality management framework to help maximize the return on your SAP investment. With a clear focus on ensuring business continuity and managing innovation, a key objective of the Customer COE program is to aid in the adoption of best practices, empowering you to drive successful collaboration between your internal units (Business and IT), as well as, collaboration externally to SAP and their partners. This session will cover Customer COE  – Areas of Action, Customer Situation / Procedure to establish, Customer COE Services and Value Proposition / Benefits.
 
Craig Dale from the SAP User Group will give an update on Enterprise Support from a User Group Position.  This session will give an overview of what the User Group has accomplished on your behalf and what our current plans are.     
        
Nicola Carlaw from SAP will present SAP Customer Success Council.  Nicola, Head of Customer Success at SAP UK, will provide an overview of the council, which is made up of key SAP representatives and User Group  members to evaluate customer feedback and where appropriate, develop initiatives to increase levels of customers satisfaction.

SAP Gui – a security flaw given “Highly Critical” rating.

According to Secunia a security issue to do with ActiveX has come to light in the SAP Gui. If you follow the link to the article the actions needed to be taken are described – which are simply patch up to the latest level for 7.10 or follow the instructions on Sap note: 1092631.

SAP pays Sun for extended support

I noticed today that SAP have paid Sun for extended support with the Java needed for SAP Netweaver.  The article makes a judgement that perhaps SAP are using the increased fees for Enterprise Support to pay for this. It’s an interesting view but I guess it also reflects the fact that the links between operating software, database software and applications software all need to be synchronised and managed as one to continue your system environment.

One thought that this brings to the fore is  why then don’t the “big boys” work more closely to collaborate on release strategies that give the customer base a better deal? After all – contented customers stay with you!