SAP Archives - CFO

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

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

SAP to Buy Customer Engagement Platform Emarsys

SAP to Buy Customer Engagement Platform Emarsys

The deal comes as the company is spinning off Qualtrics.

By Lauren Muskett | October 1, 2020

SAP to Take Experience Management Unit Qualtrics Public

SAP to Take Experience Management Unit Qualtrics Public

The company was bought by SAP in 2018 for $8 billion, days before it was due to go public.

By Lauren Muskett | July 27, 2020

Co-CEO Jennifer Morgan to Leave SAP

Co-CEO Jennifer Morgan to Leave SAP

“The market has never really appreciated the co-CEO structure, though we believe SAP will lose a dedicated cloud salesperson with Jennifer.”

By Lauren Muskett | April 21, 2020

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

SAP CEO Steps Down

SAP CEO Steps Down

Bill McDermott will be replaced by two board members, effective immediately.

By Lauren Muskett | October 11, 2019

Citrix Hires Arlen Shenkman as CFO

Citrix Hires Arlen Shenkman as CFO

He joins the company from SAP, where he held financial and business development roles critical to the software maker’s cloud transformation.

By Lauren Muskett | August 19, 2019

SAP Software Sales Dip in Asia Amid Trade Feud

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.

By Matthew Heller | July 18, 2019

Today’s Purpose for M&A: Gaining Digital Expertise

Today’s Purpose for M&A: Gaining Digital Expertise

This year, many or even most deals likely will be driven by a company's desire to accelerate its digital transformation.

By David McCann | April 5, 2019

Sales Calls from Inside Prison Walls

Sales Calls from Inside Prison Walls

Lead-generation firm Televerde puts purpose over profit by employing hundreds of incarcerated women to make sales calls and improve their lives.

By David McCann | February 21, 2019

SAP Announces Restructuring Charge

SAP Announces Restructuring Charge

The company said it expects continued growth as it emphasizes its cloud business.

By Lauren Muskett | January 29, 2019

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

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

Finance Teams Must Adapt to Working With Machines

Finance Teams Must Adapt to Working With Machines

With automation having replaced many low-level workers, the white-collared set is now worrying about their own fate. But should they be?

By Laurent Arveiller | July 9, 2018