enterprise software Archives - CFO

Hyland’s Nancy Person Navigates the Post-Pandemic Economy

Hyland’s Nancy Person Navigates the Post-Pandemic Economy

“It was refreshing to take on the pandemic and not have to worry about what the company would have done five years ago.”

By Vincent Ryan | February 11, 2022

Qualtrics Stock Jumps 52% in Market Debut

Qualtrics Stock Jumps 52% in Market Debut

The SAP enterprise-software spinoff has benefited from the acceleration of the digital transition amid the coronavirus pandemic.

By Matthew Heller | January 29, 2021

Vista Buys Pluralsight in $3.5B Ed Tech Deal

Vista Buys Pluralsight in $3.5B Ed Tech Deal

The coronavirus pandemic has "increased [private-equity] interest in companies whose offerings make it easier to reach employees and students remotely.”

By Matthew Heller | December 14, 2020

Salesforce Goes Social With $27.7B Slack Deal

Salesforce Goes Social With $27.7B Slack Deal

"Slack looks like the natural fit for Salesforce to beef up its collaboration and messaging footprint and keep pace with [Microsoft]."

By Matthew Heller | December 2, 2020

SAP Shares Fall 23% on Q3 Results, Guidance

SAP Shares Fall 23% on Q3 Results, Guidance

“COVID-19 has created an inflection point for our customers," the company said as it announced a "strategic pivot" to cloud computing.

By Matthew Heller | October 26, 2020

KKR Sells Epicor Software to CD&R for $4.7B

KKR Sells Epicor Software to CD&R for $4.7B

CD&R has “significant experience investing in the industrial sector, from which most of Epicor’s customer base hails."

By Matthew Heller | August 31, 2020

Workday Beats Estimates on 23% Sales Growth

Workday Beats Estimates on 23% Sales Growth

The enterprise software maker lowered its full-year guidance, citing the effects of the coronavirus crisis on new business bookings.

By Matthew Heller | May 28, 2020

Oracle Misses on Sales Again Despite ERP Gains

Financial Performance

Oracle Misses on Sales Again Despite ERP Gains

The company's autonomous database and ERP products will “determine Oracle's future in the cloud,” CTO Larry Ellison says.

By Matthew Heller | December 13, 2019

Workday Tops Q3 Estimates But Stock Dips 1.9%

Financial Performance

Workday Tops Q3 Estimates But Stock Dips 1.9%

CFO Robynne Sisco cautioned that the Scout RFP acquisition and new products launching next year would have a delayed impact on its results.

By Matthew Heller | December 4, 2019

SAP Sales Rise 13% on Strong Cloud Growth

Financial Performance

SAP Sales Rise 13% on Strong Cloud Growth

“Despite continued macro uncertainties we couldn't be more confident” that 2019 will be “another stellar year” for SAP, CFO Luka Mucic says.

By Matthew Heller | October 21, 2019

CrowdStrike IPO Filing Touts Security Software

CrowdStrike IPO Filing Touts Security Software

“We believe we are defining a new category called the Security Cloud," the company says in its prospectus.

By Matthew Heller | May 15, 2019

IBM Sells Software Products to HCL for $1.8B

IBM Sells Software Products to HCL for $1.8B

The deal includes the Lotus Notes, Domino, and Portal products that were at one time major contributors to IBM's enterprise business.

By Matthew Heller | December 10, 2018

SAP Buys Qualtrics to Boost CRM Offerings

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.

By Matthew Heller | November 12, 2018

Cloud Software Firm Qualtrics Files for IPO

Cloud Software Firm Qualtrics Files for IPO

Qualtrics says its "experience management" solutions represent a “vast, rapidly growing, and underpenetrated market opportunity.”

By Matthew Heller | October 23, 2018

SAP Sales Jump 7% on Cloud Business Surge

Financial Performance

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.

By Matthew Heller | October 18, 2018