SAP board chair designate to resign, Ala-Pietila nominated as successor
By Utkarsh Shetti (Reuters) - German software company SAP has nominated Finnish businessman Pekka Ala-Pietila to stand for election as chair of its supervisory board after current chair designate Punit Renjen decided to resign, SAP said on Sunday. Ala-Pietila, a
SAP’s India arm eyes more patents, jobs amid AI push
By Hritam Mukherjee and Navamya Ganesh Acharya BENGALURU (Reuters) - SAP SE's Indian arm hopes to double its share of the German software giant's patents and add 3,000 jobs per year as it bets bigger on artificial intelligence, a top executive
SAP lowers FY cloud revenue forecast after slowing demand in Q2
By Anna Mackenzie and Andrey Sychev (Reuters) - Business software maker SAP on Thursday trimmed its full-year outlook for key cloud sales due to lower-than-anticipated transactional revenues in the second quarter. "We've seen fewer public sector customers in Q2, also due to
SAP raises 2025 outlook, launches 5 billion euro share buyback
The logo of German software group SAP is pictured at the headquarters of SAP (Schweiz) AG in Regensdorf, Switzerland January 22, 2021. REUTERS/Arnd Wiegmann By Riham Alkousaa BERLIN (Reuters) - SAP on Tuesday raised its 2025 total revenue outlook for continuing operations
Siemens, SAP say EU draft Data Act puts trade secrets at risk
A sign with the logo of Siemens company is on display outside its office in Moscow, Russia, May 12, 2022. REUTERS/Evgenia Novozhenina By Foo Yun Chee BRUSSELS (Reuters) - German business software maker SAP and German engineering company Siemens have joined U.S.
What is ERP and SAP S/4HANA? A detailed analysis
Enterprise resource planning (ERP) systems are one of the most widely used business systems by companies and organizations as they provide the necessary basis for their smooth operation and management. To improve decision-making processes, ERPs in recent years tend to