Paradata Pricing Context™ – Now Live on SAP® App Center
By integrating with SAP’s Sourcing Simulation and OptimizationTM, the Pricing Context solution from Paradata delivers decision data to help determine optimal pricing for customers
San Jose, CA — [9/11/2018] — Paradata today announced that its Pricing Context solution is now available on the SAP® App Center, the digital marketplace for SAP partner offerings. Paradata Pricing Context integrates with the SAP Sourcing Simulation and Optimization for Industries to provide price movement indicators along with availability and compliance information to customers.
”Paradata is excited to bring our parts knowledgebase to businesses that use SAP solutions,” said Vishal Kapoor, CEO at Paradata. “Leveraging our big data and machine learning-based platform, we are able to classify and rank component data to deliver efficiency and cost savings across the supply chain.”
Paradata Pricing Context is now available on the SAP® App Center. With the integration to the SAP Sourcing Simulation and Optimization, users can gain deep insight into key part metrics such as RoHS compliance, factory lead times, average pricing, and volume breaks. In addition, Paradata’s PartRank takes each of these key attributes into account to deliver a score for at-a-glance evaluation.
“Paradata’s Pricing Context increases supply chain purchasing efficiency by including parts information into the decision process, which was not available before,” said Stefan Krauss, SVP - General Manager Discrete Manufacturing Industries at SAP.
The SAP App Center provides customers with real-time access to nearly 1,600 innovative partner solutions that complement and extend their SAP solutions, enabling digital transformation of their business. SAP App Center customers can buy solutions directly from partners and centrally manage purchases, billing and vendor communications.
Paradata is an SAP.iO funded company and recently became a partner in the SAP® PartnerEdge® program, where the capabilities of both companies are integrated to deliver a smooth onboarding for customers. Paradata is empowered to build, market and sell software applications on top of market-leading technology platforms from SAP. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively. The program provides access to relevant SAP technologies in one simple framework under a single, global contract.
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With its machine-learning algorithms, Paradata classifies and ranks component data across critical attributes in the customers’ supply chain. The company empowers product, supply chain and procurement leaders to make faster, smarter product decisions. Paradata is based in San Jose, California. For more information, visit www.paradata.io.
SAP.iO is catalyzing an early-stage ecosystem of innovation for SAP by investing in and accelerating entrepreneurs building great software. The SAP.iO Fund directly invests in visionary, early-stage startups that leverage SAP’s unique assets, including SAP data, APIs, or platform technologies, to deliver extraordinary value for SAP customers. The SAP.iO Foundries (“accelerators”) are top-tier programs that provide select startups with access to SAP data, SAP technologies, and opportunities for exposure to SAP customers.
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