2. • The Global Fund is an international financing
organization established in 2002 to fund the fight
against AIDS, malaria and tuberculosis. SAP
recently announced that SAP technology is helping
the organization get a better understanding of how
their financial investments are being used for
disease prevention and treatment.
3. • Over a period of four years, SAP committed
US$4million to the Global Fund. The Global Fund’s
Innovative Coalition unites private sector
organizations to tackle significant issues related to
the organizations mission of fighting preventable
and treatable diseases.
4. • "SAP is all about helping organizations simplify
complexity so they can do anything — and it doesn't
get more complicated than fighting persistent and
deadly diseases around the world," said Simon
Paris, president of Industry Cloud, SAP.
5. • "By providing our technology innovation and
leadership, we can help the Global Fund extend
their reach and effectiveness. This partnership
shows how technology can revolutionize the
healthcare industry and save lives."
6. • The Global Fund acts essentially as a global public-
private partnership that funds local organizations
across 140 countries engaged in the fight against
these three preventable and treatable diseases. In
2013, they disbursed US$3.9 billion worldwide,
including private sector money generated by (RED),
to create sustainable funding for the fight against
AIDS in Africa.
7. • In addition to providing a charitable grant, SAP knew
it could significantly increase its impact by
contributing technology. With analytics technology
and services from SAP, the Global Fund is now
using grant management dashboards that provide
greater visibility into programmatic, financial and
management performance indicators, one of the
organization's biggest challenges.
8. • "We would like to thank SAP for their tremendous
support and collaboration to fight AIDS, TB and
malaria," said Mark Dybul, executive director, the
Global Fund to Fight AIDS, Tuberculosis and
Malaria.
9. • "We're very excited about launching the innovation
coalition and welcome the meeting this week in
Berlin to engage with top German companies and
government officials. SAP has demonstrated again
its global leadership by creating new innovative
solutions to improve the health of people around the
world."
10. • For more information read on at
http://money.cnn.com/news/newsfeeds/articles/prne
wswire/SF20078.htm