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BAANBudget Authorization Account Number
BAANBachelor of Arts Anthropology
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The addition of Baan will turn Chicago, Illinois-based SSA into the fourth largest ERP vendor with almost $600m in revenue and an installed base of 16,500 customers that it claims will be the world's largest in the manufacturing sector.
Under the new agreement, Baan will resell licenses for Informix Dynamic Server (IDS), an online transaction processing database for large transaction-processing systems.
Baan is a business unit of Invensys plc, having been acquired in September 2000.
Shares in Baan, suspended for an hour after the news yesterday, leapt more than five per cent to as high as 171p.
Baan has integrated the existing version of its FrontOffice CRM application from the acquisition of Aurum Software into new versions of Baan ERP and Supply Chain.
We are impressed with OST's dedication to the Baan community, their technical expertise, and their ability to solve the most difficult business problems through innovative methodologies.
From touch screen access and shop floor terminals to complex labor costing algorithms and reporting for SAP R/3, PeopleSoft, Oracle, SSA Baan, Cincom Manufacturing Business Solutions and other leading enterprise systems, Kaba Benzing offers an array of time and attendance and production data collection solutions.
While Baan has prepared investors for a couple of difficult quarters, it is now pushing hard on the consulting front and is preparing a big advertising campaign later in the year to increase awareness of the brand.
This modern next-generation web user interface is universal for all SSA Baan ERP solutions, which enables our customers to more easily upgrade to future releases.
IBM Corp's Global Services division teamed up with Baan Co NV this week to open Big Blue's first dedicated implementation factory designed to deliver pre-configured IBM hardware with Baan's ERP, front office and supply chain software solutions.
Our customers continue to endorse our product strategy by investing more in new license fees and these results reflect the renewed confidence of Baan customers who view SSA Global's acquisition very favorably," said Mike Greenough, president, chairman and CEO, SSA Global.