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2009 07 16 ERP takes over Siemens SAP solutions group

JSC ERP and JSC Siemens have entered into an agreement according to which ERP takes over the Siemens SAP business management solutions group in Lithuania.

“ERP holds a strong position in the Lithuanian business management and information systems market. This deal will further strengthen that position – we will attract more clients and gain additional specialists", - says Markas Zbarskis, CEO of ERP.

About 20 people are working in the Siemens division being taken over. Currently it is performing several large implementations, the largest of which in the Lithuanian State Social Insurance Fund Board.

Siemens took the decision to divest itself of the SAP business management solutions group in the course of optimising its activities in order to concentrate in other business areas.

Siemens originally acquired the group of SAP consultants from MicroLink Lietuva in 2006 and has implemented a series of SAP projects both in private and public sectors till now.

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CRAMS – Risk Assessment and Management Platform

Why manage risk?

When we started to design a platform for Enterprise Risk Management (ERM) we were forced to get a wider knowledge about risk in general, to investigate its nature and understand the risk management problem more deeply. And the first question we faced: why risk should be managed at all? The answer was very simple: every business decision, whether it is right or wrong, is related to risk. Every day in each company a lot of decisions have to be made to drive business forward. Any time you want to use a new opportunity in your business, you face with decisions that are related with risk.