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.
Accounting Changes Boost Salesforce Outlook
Companies are adopting new standards aimed at improving comparability by implementing a single revenue recognition model.
Salesforce Buys Enterprise Software Startup
The $6.5 billion acquisition of MuleSoft gives Salesforce a platform for integrating business apps, databases, and corporate IT infrastructure.
IPO Values Dropbox Below 2014 VC Funding
The storage firm's offering could be “a bellwether for the fortunes and fates of other outsized startups" that have been waiting to go public.
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.
Data Integrator Rides Surging Demand
The growing popularity of best-of-breed applications plays into the hands of data integrators like Talend.
Oracle Shares Slip on Cloud Revenue Outlook
The company expects cloud growth of 39% to 43% in Q2, disappointing investors who are watching its efforts to catch up with Amazon and Microsoft.
Email Security Firm ‘Matches Wits with Bad Guys’
Proofpoint, aiming to double in size within three years, leverages innovation and luck on the way there, its finance chief says.
Appian Joins Enterprise Tech IPO Parade
The software developer's shares have risen more than 33% above the offering price in the first two days of trading.
Salesforce Adds to Apps With $582M Quip Deal
The software firm has been expanding into cloud-based apps amid increasing competition in its core CRM business.
Suit Against Oracle Spotlights Cloud Accounting
The whistleblower lawsuit by a former senior finance manager marks the latest criticism of how technology vendors are reporting cloud-related revenues.