SAP Software Sales Dip in Asia Amid Trade Feud
"Trade-related uncertainty in Asia impacted our software revenue performance in the region," CFO Luka Mucic says.
Activist Elliott Bets $1.3B on SAP Profit Growth
The German software giant has prioritized revenue growth but is now taking steps to boost the profitability of its cloud business.
SAP Announces Restructuring Charge
The company said it expects continued growth as it emphasizes its cloud business.
SAP Buys Qualtrics to Boost CRM Offerings
The $8 billion deal "reaffirms experience management as the groundbreaking new frontier for the technology industry,” SAP's CEO says.
SAP Sales Jump 7% on Cloud Business Surge
Cloud subscriptions and support revenue rose 39% in Q3 but SAP is experiencing some customer resistance to its shift to the cloud.
SAP Cloud Sales Top 1B Euros for First Time
“We grew faster than every ‘best-of-breed’ cloud [competitor] out there,” CEO Bill McDermott says.
SAP Buys Callidus in Front-Office Software Move
The $2.4 billion deal "aligns perfectly to SAP's innovation strategy to transform the front office," the German tech giant says.