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New Utopia Software Release for Master Data Governance, Retail and Fashion Management
[September 29, 2016]

New Utopia Software Release for Master Data Governance, Retail and Fashion Management


MUNDELEIN, Ill., Sept. 29, 2016 /PRNewswire/ -- Utopia Global, Inc., a leading provider of enterprise data solutions and a long-time SAP partner, has released the latest version of Utopia's MDG for RFM™ solution. The solution is resold by SAP as the SAP® Master Data Governance, retail and fashion management extension by Utopia.

Utopia, Inc. a global leader in enterprise data lifecycle management (EDLM) solutions. www.utopiainc.com.

With this new functionality, Utopia has doubled the governance capability of the software, which is now able to sort the characteristics of each article by store or distribution center. Additionally, the software features embedded purchase information records so that retailers know where each article has been bought, what it cost and the anticipated delivery times by each vendor from whom they purchase products. This release also comes with increased search capabilities with the SAP HANA® platform and supports freeform characteristics.

"We are very happy to have been able to expand our capabilities to serve the fashion industry and those customers running SAP Fashion Management who also require a strong governance of the article master," noted Arvind Singh, CEO of Utopia Global Inc.

"The SAP Master Data Governance for retail and fashion management extension by Utopiais a significant component of the end-state architecture for SAP retail solutions, including SAP S/4HANA," said Dr. Thomas Vetter, senior vice president and global head of Product Management and Development, Consumer Industries, SAP SE. "With the 8.0 release of the solution extension by Utopia, we are excited that customers using SAP Fashion Management can now take advantage of its enhanced functionality and expanded scope. The extension is also designed to help provide an important bridge to SAP S/4HANA with a focus on clean, governed and centralized master data, including the article master at the heart of the retailer's business."



About Utopia

Utopia is a global software, consulting, and services company specializing in enterprise data solutions that enable management and governance of critical master data for an enterprise. Our "build, fix, and sustain" approach to data, along with best-in-class software, empowers our customers to get their data right, and keep it right. Visit www.utopiainc.com.


SAP, SAP HANA, SAP S/4HANA and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned herein are the trademarks of their respective owners.

SAP Forward-looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/new-utopia-software-release-for-master-data-governance-retail-and-fashion-management-300336608.html

SOURCE Utopia Global, Inc.


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