SAP publishes quarterly results
SAP published its figures for the fourth quarter. Revenue is 8.44 billion euros (previously 7.98). The profit is 1.71 billion euros (before 1.46).
SAP now accepts IT professionals without university degrees
Due to the shortage of skilled workers in the IT sector, SAP has decided to invite applicants without a university degree.
SAP restructures its product portfolio
According to SAP CEO Christian Klein, in the future the company will only invest in projects that promise growth. In addition, the latest learning platform Litmos is to be sold. SAP for SMEs is also being phased out.
Hasso Plattner Award in the “Go-To Market” Category
The Hasso Plattner Award nominates employees for special thinking and innovations. All finalists for this year can be found here:
Milkman Last Mile is now available in the SAP Store
With the Milkman platform, it is possible to get real-time delivery status information and it can now be connected to SAP Transport Management and SAP Commerce Cloud.
Milkman Last Mile goals include:
- Greener deliveries through fewer miles driven and lower CO₂ emissions.
- Exceeding expectations from recipients by being able to respond accurately to requests
- Reducing calls to inquire about the location of the package
- Automation of delivery processes
SAP publishes its figures for the 3rd quarter
The key results are growth in the cloud business and missing the profit target. However, revenue forecasts were exceeded.
Price increases at SAP
Annual prices for SAP cloud service plans increased 3.3 percent. In recent years, users have based their biggest reservations about SAP cloud solutions on concerns about cost stability. DSAG makes its statement:
Flytxt CLTVAI for CX tool is now available in SAP Store
Flytxt leverages SAP Business Technology Platform (SAP BTP) integration capabilities and integrates with SAP Customer Data Platform to generate actionable customer data and analytics that drive workflows and AI. This leads to optimized business outcomes and a better customer experience.
New CFO at SAP
Dominik Asam is to become the new Chief Financial Officer at SAP. He was previously CFO and member of the Executive Committee at Airbus.
Asam starts on March 7, 2023, and Luka Mucic (his predecessor) will remain on the Executive Board until March 31, 2023.
Francisco Partners acquires learning platform Litmos from SAP
The learning platform Litmos will be sold to the financial investor Francisco Partners for several hundred million, according to information from corporate circles obtained by the Handelsblatt. The transaction is expected to close in the fourth quarter of 2022 and is subject to the usual regulatory approvals.
According to SAP’s press release, Meg Bear, president and chief product officer, SAP SuccessFactors, said, “As a result of SAP’s ongoing enterprise-wide portfolio review, we have identified overlapping offerings and functionality between SAP SuccessFactors Learning and Litmos.”
Podcast with Alexa Gorman, SAP’s startup whisperer.
Alexa Gorman has now been working at SAP for 23 years. With her team, Alexa Gorman coordinates several hundred companies that cooperate with the tech company worldwide. She is a guest on the ntv tech podcast “So techt Deutschland”.
SAP: 8-TIME LEADER in 2022 Gartner® Magic Quadrant™ for Digital Commerce!
For the eighth consecutive year, SAP has been named a Leader in the 2022 Gartner® Magic Quadrant™ for Digital Commerce. This makes SAP the only vendor to be consistently recognized as a Leader in the Gartner Digital Commerce Magic Quadrant since its inception in 2014.
50 years of SAP: Olaf Scholz and Winfried Kretschmann guests at anniversary celebration
At SAP’s 50th anniversary celebration, German Chancellor Olaf Scholz and Minister President Winfried Kretschmann were among around 850 invited guests at the SAP Arena in Mannheim. Both gave a speech. Among other things, they talked about the cooperation between politics and the digital economy.
SAP Analytics team at Adesso gets bigger
Adesso expands SAP Analytics expertise with acquisition of Quadox. As a result, the team of experts in the field of SAP Analytics increases from 35 to 70 employees.
Quarterly figures from SAP
In the 2nd quarter, SAP performs with a significant decline in earnings.
This is due to the increased costs of the business in Ukraine and the discontinuation of business in Russia and Belarus. In addition, there is the burden of a weak license business and the unsuccessful investments in several start-ups.
Highlights of the SAP Annual General Meeting
First, the re-election of Hasso Plattner for another two years was a highlight. 91% voted for Plattner, although some shareholders had announced they would vote against him. Secondly, a special dividend was paid out.
SAP wants to sell Litmos
Litmos is a learning platform that is worth 1 billion euros. The reason for this is the focus on the core business