Intel and SAP broaden datacenter tech partnership

Intel and SAP said they have launched a broader multi-year partnership focused on optimizing Intel’s platform innovations for the datacenter. As part of the arrangement, SAP will optimize its business software to run on Intel Xeon Scalable processors and Intel Optane DC persistent memory. SAP will optimize its bundle of end-to-end enterprise […]

SAP Q2 Earnings Up Y/Y on Cloud Strength & Growing Clientele

SAP SE SAP reported second-quarter 2019 non-IFRS earnings of €1.09 (approximately $1.22) per share, which grew 11.2% from the year-ago figure. The Zacks Consensus Estimate was pegged at $1.20. On IFRS basis, the company reported earnings of €0.48 (almost 54 cents) per share compared with year ago figure of €0.60. Total […]

SAP Executives Come Out Fighting as Shares Slump on Growth

SAP SE fell the most in nearly five years on signs that its $10 billion bet on cloud-based software faces headwinds, but the companies executives are adamant there is still room to grow. After buying U.S. startups Qualtrics International Inc. and Callidus Software Inc. to bolster its portfolio, SAP instead posted […]

SAP CEO Touts Growth in Cloud Business

Business software maker SAP SE is seeing increases in cloud revenue that it plans to sustain with this year’s $8 billion acquisition of market-analytics company Qualtrics, said Chief Executive Bill McDermott. The Germany-based company offers a range of products and services to businesses, including its Concur expense-management platform, IT-data platform […]

US-China trade war takes toll on SAP profits

SAP, Europe’s largest software company, blamed US-China trade tensions for disappointing second-quarter profits that sent its shares sliding on Thursday. The trade dispute between the two economic superpowers dented software sales in Asia as companies delayed spending decisions, leaving SAP’s revenues from selling licences short of analysts’ expectations. The group, […]

Intel announces deep, multi-year partnership with SAP

Intel announced a deep partnership with SAP today around using advanced Intel technology to optimize SAP software tools. Specifically, the company plans to tune its Intel Xeon Scalable processors and Intel Optane DC persistent memory for SAP’s suite of applications. The multi-year partnership includes giving SAP early access to emerging […]

SAP’s vision for full SuccessFactors HCM-Qualtrics integration could take years

SuccessFactors HCM customers have access to workplace data that gives them a sense for what’s happening, such as an employee exit. The recently acquired Qualtrics tech could help reveal why something is happening, but SAP’s vision for a complete integration of the two products will take time. SuccessFactors HCM users […]

SAP Study Says up to 93 Percent of Companies Consider Intelligent Technology Key to Digital Transformation

SAP SE (NYSE: SAP) today announced research findings from a study commissioned by SAP and conducted by leading industry analyst Forrester Consulting, indicating that intelligent technologies are critical for supporting digital transformation in the enterprise. In the Forrester survey of more than 740 respondents commissioned by SAP, up to 93 […]