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
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
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
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
New layoffs at SAP, NetApp, Splunk, PayPal, Workday, Hubspot and more
You probably didn't miss that many large tech companies are currently reorganizing. One reorganization after another is being announced. One layoff after another is announced this week. PayPal, Workday, Hubspot, Splunk, NetApp, Pinterest, Rivian, OpenText and Micro Focus, among others, are cutting ... Read more
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
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
‘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
The SAP Business Technology Platform grows rapidly: what can developers do with it?
This week we were at SAP TechEd in Las Vegas, the conference aimed at developers. In particular, they can expect a lot of innovation around the Business Technology Platform (BTP). Substantial expansion is on the way, to make work easier and business processes better via SAP software. Time to get ev... Read more
SAP steps into low-code with Build and allows business users to develop
SAP has presented Build, a new low-code platform that should bring software development to business users such as marketers and procurement experts. Essentially, SAP is combining existing products in Build to simplify the development of apps, processes and websites.
According to Chief Marketing... Read more