Celonis secures $1 billion to improve process mining software
Celonis announced it secured a whopping $1 billion Series D funding amidst macroeconomic uncertainty. The process mining software company is now valued at $13 billion.
Celonis is not only Germany’s most valuable process mining software private company, but also the most valuable startup in Ne... Read more
Christian Klein shapes SAP in his own way
A lot has happened at SAP over the last months. At a product level, the company focuses on HANA and S/4HANA. Meanwhile, the organisation is also changing with Christian Klein as CEO. The software giant has changed rapidly in just a few years. With the annual SAPPHIRE conference behind us, it is a g... Read more
SAP Q1 results show cloud growth but profit declines
The software giant continues to build out its cloud business even while operating profits lag.
This week SAP reported their first-quarter earnings results for 2021. The quarter saw continued strength in the cloud sector and the adoption of S/4HANA. They also saw an increase in interest in their ... Read more
Syntax acquires Linke for SAP-on-AWS capabilities
Syntax announced that it has acquired Linke, a European provider of services used in migrating SAP environments to the Amazon Web Services cloud. Syntax provides managed services for multi-cloud and multi-ERP application deployments.
This acquisition allows Syntax to grow its European market sha... Read more
SAP opens business unit for customers in finance
SAP has announced that it is starting a new business unit aimed at customers in the financial industry. To set this up, the company will receive an investment of over 500 million euros from Dediq.
The efforts should lead to a joint venture with an independent management team. The whole thing sho... Read more
RISE with SAP is a new program to move customers to the cloud
Luca Mucis, the Chief Financial Officer at SAP, said that the company aims to convert 5 billion euros in revenue from support and software licenses, into cloud subscriptions, in the next five years. The CFO spoke with investors on a conference call with Morgan Stanley, where he elaborated on the so... Read more
SAP brings together its marketplaces into SAP Store
SAP announced that it is merging its marketplaces for apps and partners, by launching its SAP Store. Before this, SAP had SAP Store for SAP solutions and the SAP App Center. Combining these two platforms will allow SAP to simplify the shopping within its ecosystem.
The SAP store consolidation wi... Read more
IBM and SAP expand partnership on hybrid cloud
New project offers customers the capability to run business-critical SAP Software workloads on hybrid cloud.
IBM and SAP announced their partnership’s next evolution, with plans to develop several new offerings designed to create a more predictable journey for businesses to become data-driven ... Read more
Nutanix launches Era 2.0 for easier cloud database operations
Enhanced platform further streamlines database provisioning and management.
On Tuesday Nutanix released the newest version of Era, its database management service. The company's service provides simple, fast and consistent provisioning and management of cloud databases.
Era 2.0, the new rele... Read more
Lenovo and VMware HCI improves SAP HANA database deployments
Lenovo Data Center Group has expanded its Hyper-Converged Infrastructure (HCI) solutions. In collaboration with VMware, the new Lenovo ThinkAgile VX HCI Solutions, improve agility and reliability fpr SAP HANA database deployments.
ThinkAgile VX HCI Solutions are certified nodes that enable compa... Read more