Chemical and pharmaceutical company has finalised a five-year global enterprise agreement (GEA) with SAP AG.

Under this agreement, SAP will support close collaboration in the globally standardized implementation of SAP business applications at Bayer.

A fully unified, global IT strategy is of central importance to Bayer in order to increase market share and profitability in an environment of global supply chains and a high degree of international competitive pressure.

Bayer wants to profit in the future from reduced operational costs by means of a scalable and efficient software landscape within the company.

With this agreement, the two companies will focus on supporting Bayer’s IT strategy based on the comprehensive, long-term deployment of standardized SAP® solutions across Bayer’s worldwide operations.

Under the contract, Bayer will primarily rely on SAP software for IT processes, which underscores the great strategic significance of SAP for the company’s IT.

The close partnership between these two companies has existed since 1984. As part of a developer partnership agreement in 2000, SAP became Bayer's most important strategic software partner.