SAP, whose cloud sales are set to reach €22B this year, nearly triple 2019 levels, faces competition from other tech giants as it targets AI apps for the future
SAP has to pivot with cloud growth set to slow — Christian Klein jogs onto the stage at SAP SE's annual sales conference …
Q&A with SAP CEO Christian Klein on data security, Databricks partnership, building a “social network for B2B”, positioning SAP as a neutral player, and more
We covered a lot of ground …
An interview with SAP CEO Christian Klein on why regulating AI would harm EU competitiveness, investing €2B per year in AI, building the Joule chatbot, and more
Stephen Morris / Financial Times :
SAP reports Q2 cloud revenue up 25% YoY to €4.15B, revenue up 10% YoY to €8.29B, a €918M net profit, and says a “restructuring” will affect ~10,000 jobs
In the second quarter, SAP's strong cloud momentum continued. Lindsay Clark / The Register : Now as many as 10,000 SAP jobs to be hit by restructure Sonja Wind / Bloomberg : SAP Shares Jump After AI D...
SAP will be “stopping business in Russia aligned with sanctions” and pausing sales of products and services in Russia following a Ukrainian vice PM's request
Like the rest of the world, we are watching the war in Ukraine … Ed Frankl / Dow Jones Newswires : SAP Pauses Sales to Russia Reuters : Oracle says it has suspended all operations in Russia iTnews : O...
SAP names Christian Klein as sole CEO effective April 30, as co-CEO Jennifer Morgan departs; both were named co-CEOs in Oct. after Bill McDermott stepped down
SAP's move to co-CEOs didn't last long as Jennifer Morgan departs and Christian Klein becomes sole CEO.
SAP CEO Bill McDermott steps down after over nine years, will be an adviser until year end; board members Jennifer Morgan and Christian Klein appointed co-CEOs
SAP said on Thursday that Bill McDermott is stepping down as CEO after more than nine years running the German software company.