Crossgate AG
Encyclopedia
Crossgate AG is a multinational company which has developed a unique network approach to B2B transactions allowing for data to be transferred regardless of EDI system or EDI map . Crossgate's network approach is revolutionary enough to attract a partnership and investment from SAP AG
.
The company is headquartered in Munich, Germany with field offices in Berlin, Frankfurt am Main, Waldbronn, Cologne, and Walldorf. As well as the four sites in Germany, Crossgate is represented with subsidiary branches in Atlanta (Crossgate, Inc.), London (Crossgate UK Ltd), Milan (Crossgate Italia S.p.A.) and Paris (Crossgate s.a.r.l.). Crossgate AG operates as a subsidiary of Otto Wolff von Amerongen Group. Stefan Tittel is the founder and CEO.
, founder and major shareholder of SAP AG
became financially involved and Crossgate's operations were expanded.
On 14 October 2008, SAP AG announced at SAP TechED 2008 Berlin. that it has made a strategic investment by taking a minority stake in Crossgate, a business-to-business (B2B) integration service provider. This follows several deployments of Crossgate’s B2B 360° Services, which utilizes SAP to enable mulltienterprise B2B integration (which SAP calls "business network transformation"), one of the fundamental points of SAP's future strategy. Financial details have not been disclosed but a SAP Executive Board Member has joined the Crossgate Supervisory Board.
Crossgate offers the world's first Business-Ready Network that supports standards-based and custom EDI and B2B, guaranteeing 100% integration of business partners, clients and suppliers. A single connection to the Network means electronic data exchange with any business partner regardless of their technical capability. In addition, Crossgate's B2B-360° Services, powered by SAP , provide clients direct access to all integrated business partners in the B2B transaction network via their SAP systems.
The beauty of the network approach is its "one to one" ratio versus traditional "one to many" architecture. This makes changing, upgrading or expanding a company's B2B infrastructure much easier because they would only need to unplug from the network and then plug back in after the changes are completed. Since the Crossgate network isn't map or language dependent, expanding into foreign or emerging markets
and connecting to their systems is as easy as connecting to the network.
e-Invoicing
With its legally compliant e-Invoicing (electronic billing) Services, Crossgate also provides an innovative and 100% secure solution to cover the entire process of incoming and outgoing invoices, including signatures, EU compliance monitoring, and revision-secure automated long-term archiving. More than 40,000 business partners, representing over 10 industries, currently exchange documents and data via the Business-Ready Network.
SAP
B2B 360 Services powered by SAP provide fixed-cost service extensions to help customers simplify trading partner integration with SAP Business Suite and other SAP applications.
Crossgate AG has developed a set of core service extensions for SAP Business Suite applications including SAP ERP and SAP Supply Chain Management (SAP SCM) as well as for SAP Business All-in-One solutions. In order to simplify business network enablement, Crossgate has pre-packaged B2B 360 Services powered by SAP software for specific business processes, industries and SAP applications. The joint collaboration by Crossgate AG and SAP AG, provides a set of core service extensions to streamline and reduce the cost of enabling end-to-end business processes, such as order-to-cash and procure-to-pay.
, Otto Wolff von Amerongen
and the Al-Jomaih Investment Group .
On 7 November 2006, Crossgate announced that it has acquired a majority interest in B&N Software , a developer of software components to support mulitenterprise process integration including M@gic EDDY.
SAP AG
SAP AG is a German software corporation that makes enterprise software to manage business operations and customer relations. Headquartered in Walldorf, Baden-Württemberg, with regional offices around the world, SAP is the market leader in enterprise application software...
.
The company is headquartered in Munich, Germany with field offices in Berlin, Frankfurt am Main, Waldbronn, Cologne, and Walldorf. As well as the four sites in Germany, Crossgate is represented with subsidiary branches in Atlanta (Crossgate, Inc.), London (Crossgate UK Ltd), Milan (Crossgate Italia S.p.A.) and Paris (Crossgate s.a.r.l.). Crossgate AG operates as a subsidiary of Otto Wolff von Amerongen Group. Stefan Tittel is the founder and CEO.
History
Crossgate AG was founded as indatex SCI GmbH in 2001 by Stefan Tittel. In 2006 indatex SCI GmbH changed its name to Crossgate AG . That same year, Dietmar HoppDietmar Hopp
Dietmar Hopp is a German software entrepreneur. He was one of the founders of SAP AG in 1972 with other former IBM employees Hans Werner Hector, Klaus Tschira, Claus Wellenreuther and Hasso Plattner...
, founder and major shareholder of SAP AG
SAP AG
SAP AG is a German software corporation that makes enterprise software to manage business operations and customer relations. Headquartered in Walldorf, Baden-Württemberg, with regional offices around the world, SAP is the market leader in enterprise application software...
became financially involved and Crossgate's operations were expanded.
On 14 October 2008, SAP AG announced at SAP TechED 2008 Berlin. that it has made a strategic investment by taking a minority stake in Crossgate, a business-to-business (B2B) integration service provider. This follows several deployments of Crossgate’s B2B 360° Services, which utilizes SAP to enable mulltienterprise B2B integration (which SAP calls "business network transformation"), one of the fundamental points of SAP's future strategy. Financial details have not been disclosed but a SAP Executive Board Member has joined the Crossgate Supervisory Board.
Business and Services
Business-Ready NetworkCrossgate offers the world's first Business-Ready Network that supports standards-based and custom EDI and B2B, guaranteeing 100% integration of business partners, clients and suppliers. A single connection to the Network means electronic data exchange with any business partner regardless of their technical capability. In addition, Crossgate's B2B-360° Services, powered by SAP , provide clients direct access to all integrated business partners in the B2B transaction network via their SAP systems.
The beauty of the network approach is its "one to one" ratio versus traditional "one to many" architecture. This makes changing, upgrading or expanding a company's B2B infrastructure much easier because they would only need to unplug from the network and then plug back in after the changes are completed. Since the Crossgate network isn't map or language dependent, expanding into foreign or emerging markets
Emerging markets
Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. Based on data from 2006, there are around 28 emerging markets in the world . The economies of China and India are considered to be the largest...
and connecting to their systems is as easy as connecting to the network.
e-Invoicing
With its legally compliant e-Invoicing (electronic billing) Services, Crossgate also provides an innovative and 100% secure solution to cover the entire process of incoming and outgoing invoices, including signatures, EU compliance monitoring, and revision-secure automated long-term archiving. More than 40,000 business partners, representing over 10 industries, currently exchange documents and data via the Business-Ready Network.
SAP
B2B 360 Services powered by SAP provide fixed-cost service extensions to help customers simplify trading partner integration with SAP Business Suite and other SAP applications.
Crossgate AG has developed a set of core service extensions for SAP Business Suite applications including SAP ERP and SAP Supply Chain Management (SAP SCM) as well as for SAP Business All-in-One solutions. In order to simplify business network enablement, Crossgate has pre-packaged B2B 360 Services powered by SAP software for specific business processes, industries and SAP applications. The joint collaboration by Crossgate AG and SAP AG, provides a set of core service extensions to streamline and reduce the cost of enabling end-to-end business processes, such as order-to-cash and procure-to-pay.
Shareholders
The main shareholders of Crossgate AG are the SAP founder's family Dietmar HoppDietmar Hopp
Dietmar Hopp is a German software entrepreneur. He was one of the founders of SAP AG in 1972 with other former IBM employees Hans Werner Hector, Klaus Tschira, Claus Wellenreuther and Hasso Plattner...
, Otto Wolff von Amerongen
Otto Wolff von Amerongen
Otto Wolff von Amerongen was an influential German businessman, who chaired Otto Wolff AG, one of the largest trading groups in West Germany....
and the Al-Jomaih Investment Group .
Acquisitions
March 2, 2010 SAP Finally Makes a Decisive Move in the B2B MarketOn 7 November 2006, Crossgate announced that it has acquired a majority interest in B&N Software , a developer of software components to support mulitenterprise process integration including M@gic EDDY.