SAP Acquires Pilot Software, Broadens Analytic Offerings

In an effort to address C-level executive requirements for comprehensive analytic applications for performance management, SAP AG acquires Pilot Software, a privately-held company specializing in strategy management software. Founded in 2002, Pilot Software has more than 150 customers worldwide utilizing its strategy management solutions across a variety of industries including financial services, public sector, retail and many others. Pilot's flagship product, PilotWorks, helps organizations empower their employees to execute on strategies by aligning the three cornerstones of strategy management -- goals, initiatives and metrics. Additionally, PilotWorks addresses executive requirements around managing goals, initiatives and metrics and codifying strategies to make them relevant to the daily business processes of information workers. The PilotWorks product will be integrated with SAP applications and built on the SAP NetWeaver platform, allowing SAP customers to leverage their current investments in SAP solutions to gain new business value.