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SAP forecasts clarity in the cloud

CIO Business Intelligence

Martin Bayer: At the moment, user companies are still hesitant to adopt cloud computing, but also SAP’s RISE and GROW programs, especially in Germany. Christian Klein: I understand there’s some reluctance among [German-speaking SAP user group] DSAG and some other customers to embrace the cloud. But we have a strong cloud result.

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SAP has a new succession plan

CIO Business Intelligence

The changing of the guard at the top of SAP’s supervisory board is anything but smooth. The German software company has announced that Punit Renjen, who it originally intended would become chairman of the supervisory board, is to be replaced. They have mutually decided to go their separate ways, SAP said in a statement.

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SAP announces $2.2B restructuring program that’ll impact 8,000 jobs

CIO Business Intelligence

German tech major SAP has announced a 2 billion euro ($2.17 In 2024, SAP will further increase its focus on key strategic growth areas, in particular Business AI. The company had 107,602 full-time employees at the end of December 2023. Last year, the company announced that it would be cutting 3,000 jobs.

SAP 134
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SAP 2024 outlook: 5 predictions for customers

CIO Business Intelligence

SAP customers have a lot to navigate in 2024. Here are five predictions about what will play out for SAP customers as the year goes on, along with follow-on effects and questions SAP customers will have to address in their wake.

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Deutsche Telekom calls on SAP for Rise all-in-one offer

CIO Business Intelligence

SAP has won another convert to its Rise with SAP managed software offering. Deutsche Telekom intends to migrate systems used by its European operating companies to Rise over the next two years. It’s already five years since the company embarked on its ERP modernization journey. the company’s spokeswoman wrote.

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SAP user group: S/4HANA usage is growing, but still in the minority

CIO Business Intelligence

The German-speaking user group for enterprise software giant SAP says that customers’ willingness to invest in the company’s S/4HANA cloud product is rising, but still lags behind flagship ERP products like ECC 6, and some customers see the need for more discussion on SAP’s prolonged move to the cloud.

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SAP pays multi-million fine for bribery

CIO Business Intelligence

SAP is paying a total of over $220 million to settle investigations by the US Department of Justice and the US Securities and Exchange Commission (SEC) into violations of the Foreign Corrupt Practices Act (FCPA). Our order holds SAP accountable for misconduct that spanned seven jurisdictions and lasted several years,” said Charles E.

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