Tag: SAP

Here you will find all the articles with the tag: SAP.

Qualtrics acquired for $12.5 billion

Qualtrics acquired for $12.5 billion

SAP subsidiary Qualtrics is being acquired by investment firm Silver Lake Partners and pension investment fund CPP Investments. They will pay $12.5 billion (11.7 billion euros) for the software company. In the now agreed sale, Silver Lake and CPP Investments will take 100 percent of the shares. ... Read more

date1 year ago
SAP Datasphere makes data access easier

SAP Datasphere makes data access easier

SAP Datasphere is the evolution of Data Warehouse Cloud. The new product should make it easier for companies to access both SAP data and non-SAP data. At a pre-launch press conference, CTO Juergen Mueller and CMO Julia White explained Datasphere. According to White, companies are increasingly us... Read more

date1 year ago
SAP wants to divest Qualtrics: $12.4 billion offer comes in

SAP wants to divest Qualtrics: $12.4 billion offer comes in

US investment firm Silver Lake and Canadian pension fund CPPIB have made a bid for SAP subsidiary Qualtrics. They have $12.4 billion (11.6 billion euros) left for the customer experience (CX) player. This follows an announcement to stock market regulator SEC. SAP announced earlier this year that... Read more

date1 year ago
SAP finds potential successor to Hasso Plattner

SAP finds potential successor to Hasso Plattner

SAP has nominated Punit Renjen as the new chairman of its supervisory board. The former Deloitte CEO is to succeed Hasso Plattner, the 79-year-old co-founder of the German software giant whose term expires in May 2024. Plattner was a founder of SAP in 1972. Starting in 1997, Plattner held the ro... Read more

date1 year ago
SAP plans to slash 3000 jobs as it looks to sell Qualtrics

SAP plans to slash 3000 jobs as it looks to sell Qualtrics

The software giant is the latest big tech player to announce major job cuts in 2023. German software vendor SAP announced it plans to cut 3,000 jobs, or 2.5 percent of its global workforce, according to reporting by Reuters. The company also told reporters that it plans to explore the sale of it... Read more

date1 year ago
UKISUG doesn’t expect SAP to postpone S/4HANA migration deadline

UKISUG doesn’t expect SAP to postpone S/4HANA migration deadline

UKISUG, an interest group for Irish and British SAP customers, expects the 2027 migration deadline from ECC to S/4HANA to hold. Back in 2020, SAP extended the deadline from 2025 to 2027 because too few customers had made the move. Gartner doubts the feasibility of the new date, but UKISUG is o... Read more

date1 year ago
‘SAP ceases development of Business ByDesign’

‘SAP ceases development of Business ByDesign’

SAP reportedly plans to stop developing new features for Business ByDesign, an ERP solution for SMEs. Handelsblatt broke the news. According to the German newspaper, the development of Business ByDesign will come to an end in the second quarter of 2023. SAP's reasons are unknown. Handelsblatt n... Read more

date1 year ago
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