q.beyond AG

  • WKN: 513700
  • ISIN: DE0005137004
  • Land: Deutschland

Nachricht vom 14.01.2021 | 10:00

New partnership: q.beyond AG and CAS AG join forces to promote introduction of SAP S/4HANA in retail sector

DGAP-News: q.beyond AG / Key word(s): Agreement
14.01.2021 / 10:00
The issuer is solely responsible for the content of this announcement.

New partnership: q.beyond AG and CAS AG join forces to promote introduction of SAP S/4HANA in retail sector

- Two companies to pool expertise in digitalising retail businesses and enhancing the shopping experience
- q.beyond to contribute know-how in SAP S/4HANA migration, Cloud & IoT
- CAS AG to provide exclusive competence with SAP CAR retail solution

Cologne, 14 January 2021 - q.beyond AG and CAS AG will in future work together closely for SAP projects at retailers. The two companies have agreed a strategic partnership to this end. q.beyond will contribute its expertise in transforming retailers' IT structures. The IT service provider supports retailers in areas such as SAP innovation projects and with solutions from the Cloud and the Internet of Things. The consultancy CAS AG will add its expertise with the SAP CAR omnichannel platform, which improves consumers' shopping experience.

End-to-end solutions offering retailers a digital makeover

"The retail sector transformation is making parallel progress in numerous areas of technology, such as migrating retail IT to the Cloud, offering smart, digital solutions at stores or addressing customers personally across all distribution channels. Together with CAS AG, we offer end-to-end solutions to make retail process landscapes fit for the digital future and enhance customers' shopping experience", explains Thorsten Raquet, a member of the management at q.beyond AG.

SAP landscapes for next-generation retailers

The partnership will focus on projects in the retail sector which rely on the latest SAP technologies: S/4HANA and the Customer Activity Repository (SAP CAR). These SAP solutions enable retailers to digitally model the shopping behaviour of their customers across all distribution channels. They eliminate any media discontinuity between online and offline businesses by consistently updating and synchronising all product and customer data. This way, SAP CAR provides a basis for successfully implementing digitalisation strategies at retail businesses and facilitating omnichannel processes such as Click & Collect or Track & Trace. Since the market launch of SAP CAR, CAS AG has focused on advising retailers in developing and optimising omnichannel platforms, particularly also to provide a basis for forecasting and planning scenarios. "CAS AG is one of the few market specialists in this area", adds Thorsten Raquet.

In contributing to the joint projects, q.beyond will in turn draw on its wide range of experience in advising on and operating complex SAP landscapes, as well as its capacity as a provider of cloud services and expertise in the Internet of Things.

"In q.beyond, we have gained a strong partner that can master large-scale SAP and IT projects in all their breadth and complexity and draw on new technologies to develop practical solutions for retailers", comments Dirk Blum, a member of the Management Board at CAS AG.

About CAS AG

Since its establishment in 1988, CAS AG has been creating seamlessly integrated complete solutions for minimising the complexity of business processes in an independent, comprehensive and clear-sighted manner. By combining strategic, process-related and technological consulting, CAS AG stands for innovative, targeted and sustainable solutions. With around 130 employees at four locations in Germany and specialising in the financial services, industry, insurance and retail sectors, CAS AG is committed to ensuring success for its customers' projects. As a continuous partner of SAP SE and an IBM Business Partner since 2007, CAS AG combines detailed knowledge of applications, tools and technologies with time-tested procedural models and methods for complex project requirements.

For more information, visit www.c-a-s.de.

About q.beyond AG

q.beyond AG is the key to successful digitalisation. We help our customers find the best digital solutions for their business and then put them into practice. Our strong team of 900 people accompanies SME customers securely and reliably throughout their digital journey. We are experts in Cloud, SAP and IoT.
q.beyond AG results from the rebranding of QSC AG in September 2020. With nationwide locations and its own certified data centres, it is one of Germany's leading IT service providers.

q.beyond AG

Arne Thull
Head of Investor Relations/Mergers & Acquisitions
T +49 221 669-8724
F +49 221 669-8009

14.01.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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