Ameri100 Initiates First Proof of Concept for Client Migration to Google Cloud Platform
31 May 2019 - 6:00PM
AMERI Holdings, Inc. (NASDAQ: AMRH) (“Ameri100” or
the “Company”), a specialized SAP® cloud, digital and enterprise
services company, announced that it has initiated a Proof of
Concept (PoC) to migrate a long-standing and key client’s SAP BW
(business warehouse) and IBM Cognos applications to SAP BW on HANA
and Cognos on the Google Cloud platform. Ameri100, SAP, Google
Cloud and the client are working collaboratively on this limited
deployment. Upon successful completion of the PoC, the client
expects to enter into a full deployment of the SAP BW and IBM
Cognos applications on the Google Cloud Platform. Concurrently,
Ameri100 and SAP are jointly developing a roadmap that migrates the
client’s current SAP ERP systems to SAP S/4HANA on the Google Cloud
Platform, and Ameri100 expects to be involved in the delivery of
services and solutions to the client to support these migrations
when finalized.
As previously announced on May 14, 2019 as part
of its first quarter fiscal 2019 financial results press release,
Ameri100 is pursuing multiple joint sales opportunities with Google
Cloud in parallel with its ongoing efforts to secure Premier
Partner status. The Company is also involved in multiple joint
marketing activities co-funded by Google to drive additional
customer demand.
“The world’s largest enterprises run SAP
applications, and Ameri100 is optimally positioned as a pure-play
SAP solutions provider to support Google Cloud’s investments in
attracting these enterprises with our portfolio of services
spanning application implementation, ongoing management, migrations
and innovation, such as AI, blockchain and machine learning. We are
therefore very pleased to announce our first client migration to
the Google Cloud platform,” stated Brent Kelton, chief executive
officer of Ameri100. “This migration also demonstrates the
strategic role we occupy in advancing clients’ cloud roadmaps to
help them meet their business goals.”
About Ameri100Ameri100 is a
fast-growing specialized SAP® cloud, digital and enterprise
services company which provides SAP® services to customers
worldwide. Headquartered in Suwanee, Georgia, Ameri100 has offices
in the U.S. and Canada. The Company also has global delivery
centers in India. With its bespoke engagement model, the Company
delivers transformational value to its clients across industry
verticals. For further information, visit www.ameri100.com
Forward-Looking Statements This
press release includes forward-looking statements that relate to
the business and expected future events or future performance of
Ameri100 and involve known and unknown risks, uncertainties and
other factors that may cause its actual results, levels of
activity, performance or achievements to differ materially from any
future results, levels of activity, performance or achievements
expressed or implied by these forward-looking statements. Words
such as, but not limited to, "believe," "expect," "anticipate,"
"estimate," "intend," "plan," "targets," "likely," "will," "would,"
"could," and similar expressions or phrases identify
forward-looking statements. Forward-looking statements include, but
are not limited to, statements about Ameri100's financial and
growth projections as well as statements concerning our plans,
predictions, estimates, strategies, intentions, beliefs and other
information concerning our business and the markets in which we
operate. The future performance of Ameri100 may be adversely
affected by the following risks and uncertainties: the level of
market demand for our services, the highly-competitive market for
the types of services that we offer, market conditions that could
cause our customers to reduce their spending for our services, our
ability to create, acquire and build new businesses and to grow our
existing businesses, our ability to attract and retain qualified
personnel, currency fluctuations and market conditions around the
world, and other risks not specifically mentioned herein but those
that are common to industry. For a more detailed discussion of
these factors and risks, investors should review Ameri100's reports
on Form 10-K and other reports filed with the Securities and
Exchange Commission (the “SEC”), which can be accessed through the
SEC's website. Forward-looking statements in this press release are
based on management's beliefs and opinions at the time the
statements are made. All forward-looking statements are qualified
in their entirety by this cautionary statement, and Ameri100
undertakes no duty to update this information to reflect future
events, information or circumstances.
Corporate Contact:Barry Kostiner, Chief
Financial OfficerIR@ameri100.com
Investor Relations Contact:Sanjay M. HurryLHA
Investor Relations(212) 838-3777IR@ameri100.com
Ameri (NASDAQ:AMRH)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ameri (NASDAQ:AMRH)
Historical Stock Chart
From Jul 2023 to Jul 2024