[STAMFORD, CT] – [October 21, 2019] – Rizing, LLC announced today the re-branding of Vesta Partners, into the Rizing brand. Effective today, the company is now known as Rizing. The change is part of Rizing’sCategory of One strategy to leverage the company’s industry strengths and technical capabilities with SAP® software and to raise the standards for partnership in SAP consulting, software implementation, service and support.
“We at Rizing recognize that our customers’ businesses aren’t sitting still. Neither are we.” said Mike Maiolo, CEO of Rizing, LLC. “The change marks our deep commitment as one company to transforming business into the intelligent enterprise exclusively with SAP solutions for human capital management, enterprise asset management, and consumer industries. Our one brand – Rizing – is aligned with SAP customers across the full supply chain of individuals, resources and technology.”
Rizing’senterprise asset management line of business modernizesasset management, maximizing the value of physical assets with Internet of Things (IoT) enabled assets, geospatial data visualization and proprietary master data governance solutions.
In consumer industries, Rizing leverages SAP and emerging technologies to drive value and customer project success with best in class services and software for retail, fashion, wholesale distribution and consumer products companies.
Rizing is also one of the largest global HCM systems integratorsfocused on Human Experience Management (HXM) with over 350 certified SAP SuccessFactors® consultants delivering the employee experience across payroll, core HR, recruiting, onboarding, talent management and employee development.
Rizing employs over 860 industry experts worldwide who work side by side with SAP customers to design and implement solutions that meet the specific needs of enterprise asset management (EAM), human capital management (HCM) and consumer industries (retail, fashion, wholesale and consumer products). On average, Rizing consultants have 15 years of business experience and 10 years of SAP® product configuration experience.
For companies seeking to transform their business through SAP software, Rizing combines the stability of a larger company able to take on more complex projects with the expertise, focus and attention of a boutique firm.
“Rizing is the single embodiment of a handful of highly specialized boutique firms that have come together to present a solid presence of expertise in the SAP ecosystem,” said Bill Sarubbi, Chief Sales Executive at Rizing. “We’re still the same great people that worked with you as Vesta Partners, /N SPRO Consumer Industries, Synchrony Global and Rizing HCM. What has changed is our brand name.”
Rizing is a privately held multi-national SAP Partner company whose individual enterprises have long been associated with strong industry knowledge and SAP® technical capabilities in the enterprise asset management, human capital management and consumer industries.
The alignmentof all businesses withina singular Rizing brand is initiated to match the Rizing vision, mission, values and direction. Learn more about Rizing on our single consolidated website: www.rizing.com.
Headquartered in Stamford, Conn., USA, Rizing is a privately held multinational company leading the development of the intelligent enterprise through our portfolio of services that includes Human Capital Management expertise for SAP® SuccessFactors® and SAP ERP HCM; SAP Enterprise Asset Management and SAP Consumer Industries. Rizing provides consulting and support services, SAP® Partner Managed Cloud payroll and our proprietary apps leveraging the SAP Cloud Platform to Fortune 500 and small and medium enterprises. For more information, please visitwww.rizing.com or contact: Rizing, LLC at +1 (203) 517-0400, firstname.lastname@example.org.
About One Equity Partners
OEP is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm builds market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 180 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, and Frankfurt. For more information, please visit www.oneequity.com.
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SAP, SAP HANA 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 are the trademarks of their respective companies.
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.
Learn About the Latest SAP EAM Innovations at SAP for Utilities in San Diego
Learn About the latest SAP EAM Innovations at SAP for Utilities in San Diego
North America’s largest industry conference—SAP for Utilities—takes place on October 21-23 in San Diego, Calif. If the location isn’t enough to pique your interest, the conference will also feature hundreds of customer, partner, and SAP attendees that are trying to solve the same challenges you face every day in in the utilities industry.
There will be more than 200 SAP customer companies in attendance, as well as service and solution providers. Rizing will be there sharing our own experience and knowledge as part of a wide-ranging agenda that covers SAP S/4HANA, Internet of Things, Data Governance, and more.
In the utilities industry, customers are expecting a modern experience, and technology isthe base for that. SAP for Utilities can connect customers to those that will help solve the challenge of creating that experience in an efficient way that provides a great return on investment.
As Gold sponsor, you can find us in the Rizing booth on the show floor. We will have speakers in two sessions, the first of which comes as an extended pre–conference session that covers the latest SAP asset management technologies. We’ll also have one our customers on hand—Cleco—to discuss how they built an integrated estimated and design system with SAP EAM solutions.
Intelligent Asset Management (IAM) in Connection with SAP S/4HANA®
When: Monday, October 21 from 1:00pm to 4:30pm.
Who: Martin Stenzig, CTO, Rizing LLC and Matthew EasleaChief Strategy Officer of Intelligent Asset Management, SAP
Abstract:More and more customers are planning their migration to SAP S/4HANA. This session will outline various paths to take to justify the investment, improve operational efficiencies, and get more use out of the SAP asset. As part of that discussion, we will look at what the new capabilities in the SAP Intelligent Asset Management Suite and SAP S/4HANA are providing and what value they bring to the organization. This session will utilize presentations as well as life systems to outline what the future SAP asset management system can look like.
Capabilities of the SAP Intelligent Asset Management toolset (Asset Central, Asset Strategy and Performance Management, Predictive Maintenance and Service, and Asset Intelligence Network)
Where and how to maintain asset data
SAP EAM business case information
An Integrated Estimation and Design Solution at CLECO
When: Tuesday, October 22 from 1:10pm to 1:50pm.
Who:Mark Prevost, VP of Asset Management, CLECO and Crawford Owens, SVP of Global Business Development, Rizing LLC
Abstract:CLECO recently completed a large implementation of SAP EAM functionality using SAP S/4HANA as part of its START program. Central to the electric distribution design and estimation functions now in use are a comprehensive use of SAP-compatible units, coupled with ESRI’s ArcFM Designer as the graphical design tool. This presentation will inform the audience of the possibilities of an integrated toolset, as well as some of the unique technical challenges the project team overcame. Topics included in the presentation include replication and synchronization of data across SAP and ArcFM Designer, technical integration design, including use of web services, and management of the entire estimation and design process in both tools.
Key Business Benefits:
Management of data replication processes between systems ensures timely data is accurate.
This allows for multiple intersections between the systems at various points.
These efforts prevent bad data from entering the system by providing immediate feedback.
See Real-World Intelligent Asset Management from Vesta at ASUG EAM Roadshows
Intelligent Asset Management (IAM) is the next wave of SAP Enterprise Asset Management (EAM). It combines SAP software with the latest technologies to bring greater efficiency and effectiveness to the EAM processes.
At ASUG EAM Roadshows happening in Houston, Seattle, Calgary, and Atlanta next month, Vesta will be presenting on “Intelligent Asset Management in the Real World.” In these sessions, our experts will show how IAM is more than just a marketing name, it has real-world applications for your business.
We’ll also examine how IAM complements SAP S/4HANA and combines data from multiples sources and utilizes the SAP Cloud Platform to create an EAM program that optimizes the life of your assets. In each city, the sessions will dive into industry-specific examples such as predictive gas turbine monitoring and transformer digital asset phase-in, as well as offer up demonstrations directly from SAP systems.
Learn more about Intelligent Asset Management at ASUG Express: A Day of Enterprise Asset Management Essentials on the following dates:
Revitalizing EAM Operations at SAP Digital Supply Chain Info Day 2019
Today all asset-intensive industries face disruptive challenges from changing business models and higher cost pressures. However, the essentials of asset management have not changed. Companies still need to balance cost, risk, and performance, and now in accordance with evolving regulations.
The wave of change has come from the assets themselves, particularly the massive amounts of data they are producing. This data provides real insight into the performance and health of your heavy assets, but the challenge is having the right technology and process to be able to capitalize on the information.
Conventional maintenance management systems and processes are not enough. Asset Management teams need ways to turn that Big Data into usable information, as well as enable information transparency throughout the entire asset lifecycle and within the ecosystem of operators, equipment manufacturers, and service providers.
SAP, for example, provides the tools to modernize your EAM approach. This allows your organization to develop an environment in which you can manage asset-related information and processes throughout the complete asset lifecycle. Greater knowledge of an asset will positively affect your business from the top down by reducing maintenance cost, increasing asset uptime, and lowering operational risk.
Learn More About Modernizing EAM
Vesta will be presenting more on this topic at the SAP Digital Supply Chain Info Day 2019 at Royal Maxim Palace in Cairo, Egypt on April 16. There, our experts will dive into how EAM has changed and what it takes from a technology standpoint to keep your processes updated and able to handle Big Data.
We’ll review the benefits of good asset management, go over best practices, while running you through the best model for managing the asset lifecycle. We’ll also touch on the SAP and Vesta products that can help you update EAM at your business.
Ed Hudak of Vesta will be presenting on “Integrating GIS with SAP Software, LAM, and Geo-Enablement” on Thursday, April 4 at 11:45 am. This presentation will touch on why you should consider integrating geographical information systems (GISs) with SAP software. It will also discuss when to consider Linear Asset Management and the advantages of the SAP Geographical Framework.
There will also be discussion of the front office, with business processes that need to be considered when integrating GIS into SAP. Hudak will then dive into lessons learned from real-life examples of implementations across different industries. He’s experienced these projects first-hand and has a deep knowledge of how the integrations work.
Attendees to the conference can also hear about the latest technologies for the Oil and Gas and Utilities industries direct from top SAP executives. They will be presenting each day in the morning, along with several deep-dive sessions into SAP software and technologies throughout the event.
Both the Oil and Gas and Utilities sectors have a great need for Enterprise Asset Management. Vesta will be on hand at the conference with EAM experts like Hudak to help answer any questions you have about what’s new in EAM, and how you may incorporate that into your own strategy.
Come visit us on the show floor at the 2019 International SAP Conferences for Oil and Gas and Utilities to find out how you can better optimize your assets.
Vesta and SAP to Highlight Pipeline Integrity at Saudi Aramco Corporate Maintenance Forum
Pipeline integrity is a crucial part of the Oil and Gas industry. The goal is to have error, spill, and incident free operations for the sake of the public, employees, environment, and customers. Successful management of pipeline integrity can best be achieved through integrating data from enterprise asset management (EAM) processes to back office operational information.
SAP and Vesta Partners have partnered to create a Pipeline Integrity solution that provides that data integration and uses it to optimize pipeline maintenance. Vesta will be presenting on this solution at the 14th annual Saudi Aramco Corporate Maintenance Forum in Al-Khobar, Saudi Arabia on April 2-4.
How Pipeline Integrity Works
The SAP Pipeline Integrity solution is based on SAP S/4HANA and comes with a suite of preconfigured EAM, LAM, and GIS applications. These preconfigurations are enabled by Vesta EAM Codex, which incorporates many years of EAM implementation experience to find the best possible setup for certain scenarios. In this case, that scenario is Pipeline Integrity.
The suite of SAP products will enable a clear view of schedule risk via an automated solution integration. This will have positive impacts on planning and scheduling of maintenance, as well as optimized use of resources.
Pipeline Integrity also enables field operations by focusing on their roles and responsibilities. Employees in the field will see an intuitive user experience in SAP Work Manager or SAP Asset Manager that operates on any device with both online and offline capabilities.
Finally, Pipeline Integrity comes with a range of analytical tools to support the best decision-making. Analytics allows that integrated set of data across the business to become a resource in improving asset performance and maintenance. SAP Digital Twin functionality allows you to use data to build a digital version of the pipeline asset, capturing all relevant information and presenting in a single place.
Getting Started Quickly
Vesta and SAP have built a six-week program to assess and align recommendations for your pipeline project. In this, we will examine strategic objectives, current processes, current architecture, and your operating model.After that assessment, we will help you locate quick win opportunities, identify process opportunities, create a target architecture, choose implementation approaches, build a road map, and put together a business case.
The Saudi Aramco Corporate Maintenance Forum is not an open event, limited to the organization and its entities. However, this will be an opportunity for Pipeline Integrity to be put in front of customers and receive real customer feedback. You’ll be sure to see more from this solution in the Middle East region going forward.
SAP-Centric EAMand Supply Chain 2019 Preview: Accelerating SAP S/4HANA and Building Your MRO Roadmap
SAP-Centric EAMand Supply Chain 2019 Preview: Accelerating SAP S/4HANA and Building Your MRO Roadmap
The premier gathering of SAP EAM customers and partners—SAP-Centric EAM—is coming to San Antonio, Texas on March 18-20. The event features what’s current and what’s coming in the SAP EAM space, including roadmaps and new innovations along with expert presentations and customer stories.
SAP-Centric EAM will be co-located with SAP-Centric Supply Chain, and all attendees have access to both conferences. Let’s examine some of the highlights on the extensive agendas.
Accelerating the Move to SAP S/4HANA
If you are thinking about moving to SAP S/4HANA, but the idea of a long implementation is intimidating, consider attending the workshop “SAP S/4HANA 101—Vesta’s EAM Codex” on Monday, March 18 at 1:00 pm.
In this session. Vesta Partners Director Dominic Brennan and CTO Martin Stenzig will break down EAM functionality in the latest release of SAP S/4HANA. This will include a demonstration of a fully configured SAP S/4HANA system.
Attendees to “SAP S/4HANA 101—Vesta’s EAM Codex” will come away with a deep knowledge of SAP S/4HANA capability and ideas around how they can harness SAP S/4HANA’s features and functionalities. They’ll also learn how they can accelerate their implementation with the help of SAP EAM expertise.
Vesta’s Stenzig will also be leading a series of peer-to-peer roundtable discussions on EAM Strategy by Industry. In this session, you can expect to find others within your industry who have faced the same sort of challenges in digitization, standards and regulations, new technologies, and more. Participate in this conversation on Wednesday, March 20 at 2:55 pm.
How SAP S/4HANA Changes in Supply Chain
When SAP created SAP S/4HANA, it sought to simplify its code and eliminate redundant functionalities. For Supply Chain, that means plenty of changes, including some functions that have been combined, some that have been eliminated, and others that have been replaced.
In the session “How to Decide Your Future Road Map in SAP S/4HANA for MRO” Vesta Global Business Development lead for Supply Chain and Procurement Denise Powell will break down the major Supply Chain changes in SAP S/4HANA from previous SAP ERP iterations.
Powell will be joined by Kohler Corporation Maintenance System Project Leader Tom Wery to discuss the challenges his organization faced in building an MRO roadmap in SAP S/4HANA. You can hear both Powell and Wery on Tuesday, March 19 at 11:55 am.
Planning for the Unplanned
Scheduled maintenance is common—most organizations have set up specific times to maintain their assets. However, it’s no secret that there are unplanned corrective actions on equipment that often go untracked.
Tracking this unplanned work can be time-consuming. In the session “Focus on Planning/Scheduling While Optimizing Unavoidable Unplanned Work—Keep It Simple”, Vesta SVP of Manufacturing and Heavy Industries Ben Mansi will discuss tools and techniques that can be used to create simple and effective strategies to capture those unplanned maintenance activities.
Mansi’s session will be on Tuesday, March 19 at 11:55 am.
Tracking Materials with SAP to Stay Compliant
The Pipeline and Hazardous Materials Safety Administration (PHMSA) requires traceable, verifiable, and complete data for gas transmission pipeline components. NorthWestern Energy will demonstrate how it addressed these requirements in its presentation “Implementation of SAP GIS, SAP Linear Asset Management, and SAP Geo Framework for Material Traceability.”
This presentation will detail the implementation that led to benefits in identifying the locations of traceable materials, single data entry, and geospatial tracking of work. You can see it on Wednesday, March 20 at 11:55 am.
Visit Vesta on the SAP-Centric and EAM and Supply Chain Show Floor
In between all the great sessions, be sure to stop by the Vesta booth on the SAP-Centric EAM and Supply Chain Show Floor. We’ll have experiences experts on hand to answer your questions on anything related to SAP EAM, and demos of our latest offerings.
Reinier van Doorn Joins Vesta Partners as Director Business Development for Vesta Europe
Rotterdam – February 4th, 2019 – Vesta Partners, a global professional services firm specializing in Asset Management and SAP EAM technology, is proud to announce the addition of Reinier van Doorn to the Vesta Partners European team. Mr. van Doorn joins the organization in the role of Director Business Development, with a focus on Energy and Utilities.
Reinier van Doorn worked more than 13 years for Alliander (previously part of Nuon) in various roles, latest as Enterprise Architect and Strategy Consultant in the CIO Office and Digital Strategy and Architecture Department. He also brings in consulting experience from his career at Accenture where he started his long and interesting journey in Utilities and SAP.
“I am very happy to join the Vesta Europe team,” stated Mr. van Doorn. “It is a unique opportunity for me to both learn from and share my experience with a team of global renown industry experts and support customers on their asset management journey. There are a lot of innovative topics in the space right now shaping the future towards an Intelligent Asset Management, based on Industry 4.0.”
“We welcome Reinier van Doorn to our team here in Europe and to our global community,” stated Dr. Achim Krüger, President of Vesta Europe. „His enthusiasm, knowledge and innovative thinking will help further enhancing our European footprint. Reinier will be instrumental in moving customers in the Utilities and Energy industry to the next stage in Asset Management. “
About Vesta, a Rizing Company
Vesta Partners is a professional services firm focused on SAP EAM solutions for customers in asset intensive industries. As an SAP Services and Select Consulting Partner, Vesta’s approach combines industry best practices with practical technology solutions to help customers track, manage and report on capital asset usage. In addition to its consulting services, Vesta offers proprietary software solutions addressing niche EAM demands. With offices located in North America, Europe, Asia Pacific and Middle East, Vesta’s real-world experience and practical solutions deliver results that directly translate into efficiency improvements and real cost savings.
Analyzing SAP’s FKOM and the Idea of “Intelligent Enterprise”
Returning from SAP Field Kick-off Meeting (FKOM) Barcelona I would like to share some insights:
Between January 15 and 17, SAP kicked off 2019 at their regional EMEA/MEE FKOM event. Similar events were performed in other regions.
While there were no major strategy changes announced, a couple of things got re-emphasized:
Growth area for SAP will be Cloud, while On-Premise is being expected as stable.
SAP sees major opportunities for their new CRM which is C/4HANA.
Also, SAP is further promoting the transition from ERP to S/4HANA.
SAP introduced a new slogan “Experience Matters” which must be seen in conjunction with their acquisition of Qualtrics (see https://www.qualtrics.com/). The idea is to bring together business data from SAP with experience data from Qualtrics in the categories of Customer, Employee, Brand, and Product. This refers to the business’ ability adapting to change in the market, for example measured by the AQ (Adaptability Quotient).
All this enhances the paradigm of the “Intelligent Enterprise“, using data for driving outcomes in end-to-end mega-processes. This must necessary lead to an even better integration of the SAP products in the areas of Customer Experience (C/4HANA), Manufacturing & Supply Chain (IBP, ME, MII, PPM, AIN, ASPM,…), Digital Core (S/4HANA), People Engagement (SuccessFactors), and Network & Spend Management (Ariba, Concur). For more details on the solutions you may have a look into the SAP Solution Explorer (https://solutionexplorer.sap.com/solexp/ui/) or the published SAP Roadmaps (https://www.sap.com/roadmaps). Shaping your own journey into the new portfolio might start with the Transformation Navigator (https://support.sap.com/en/tools/upgrade-transformation-tools/transformation-navigator.html), a tool you can use to map out your existing landscape and see SAP’s recommendations for go-to solutions.
Following the idea of an “Intelligent Enterprise”, SAP has revamped their EAM offering under the headline of “Intelligent Asset Management“. This comprises of two major parts:
S/4HANA Asset Management for the parts of EAM in the Digital Core. This mainly comes back to what most people know under the term PM (Plant Maintenance), but with a new Fiori and WebDynpro harmonized user experience, completely new analytics, and quite some enhancements and continuous improvement. Additionally, components for planning and scheduling (e.g. MRS), work clearance management (WCM), or environment, health, and safety (EHS) reside here.
SAP Cloud Platform based applications that complement the Digital Core for flexibly realizing on innovation challenges. Asset Intelligence Network (AIN) for exchanging asset master and condition data between manufacturer, service provider, and operator. Asset Strategy and Performance Management (ASPM) for determining or improving on maintenance strategies using a variety of methodologies (like Asset Criticality Analysis, RCM, FMEA, Root-Cause Analysis). Predictive Maintenance and Service (PdMS) for monitoring asset health data and initiate maintenance events when needed. Predictive Engineering Insights (PEI) for modeling physical structures and simulate stresses and strains.
Asset Central acts as the layer for common functionality of the EAM cloud applications as well as the information broker between S/4HANA and Cloud Platform. In this regard, it can also be seen as SAP’s new asset cloud registry for both master data and real-world information.
In essence, Intelligent Asset Management follows the idea on an Intelligent Enterprise by establishing data-driven asset management processes that are based on the Digital Twin, a virtual representation of the physical asset with all relevant up-to-date information, accessible in the cloud.
In its main pieces, the concept also works in combination with SAP ERP, hence there is no reason to postpone innovation, just because an S/4HANA transition is yet to come. Intelligent Asset Management allows for building the big picture, then consuming the pieces step-by-step.
Rizing Promotes Bill Sarubbi to Chief Sales Executive
Stamford, CT – January 14, 2019 – Rizing, LLC the parent company of Vesta Partners, Rizing HCM and /N SPRO Consumer Industries is pleased to announce the promotion of Bill Sarubbi to Chief Sales Executive (CSE) for Rizing, LLC.
“Rizing is experiencing a great deal of growth,” stated Mike Maiolo, CEO of Rizing. “To continue scaling appropriately and maintain our customer focus, Bill will focus his efforts primarily on business development opportunities across all lines of business for Rizing. Bill is a leader in the company and I have the utmost confidence in his abilities as the new Rizing CSE.”
Sarubbi commented, “I am excited and ready to embrace this new challenge and committed to helping all of our customers achieve excellence by developing long-term working relationships and ensuring they maximize the full value out of their investments in SAP.”
Mr. Sarubbi was formerly the Executive Vice President of North America Sales for Rizing. He also served as the Senior Vice President of North America Sales for Vesta Partners and NSPRO, both Rizing Companies. Mr. Sarubbi led the firm’s strategic sales initiatives focusing on new growth opportunities in North America.
Mr. Sarubbi has over 30 years of software and services technology experience. He joined Vesta from SAP where he most recently served as Client Director and the North American Lead for Global Energy and Utilities. In this role, he led teams of professionals building next-generation service offerings and capabilities for SAP Energy and Utility clients. Prior to SAP, Mr. Sarubbi spent 20 years in numerous senior executive and sales management roles and has a Bachelor of Business Administration from Pace University, Lubin School of Business.
Headquartered in Stamford, CT, USA, Rizing is a privately-held multinational company providing leading SAP functional and technical consulting services to its customers. Rizing is the parent company of Vesta Partners, a leading SAP EAM services firm (www.vestapartners.com), /N SPRO, a top SAP for Retail services firm (www.n-spro.com), and Rizing HCM the largest SAP SuccessFactors Services Firm in the world (www.rizinghcm.com). The Rizing businesses provide leading specialty SAP consulting services through deep industry experience and a proprietary approach to service delivery and use of IP tools. For more information, please visit www.rizing.com or contact: Rizing, LLC at +1 (203) 517-0400, email@example.com.