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SAP's Cloud-Computing Sales Keep Soaring

07:59pm, Wednesday, 24'th Apr 2019
The German business computing powerhouse delivered 25% revenue growth thanks to an explosive performance in the cloud services division.
SAP SE (SAP) CEO Bill McDermott on Q1 2019 Results - Earnings Call Transcript
Activist investor Elliott revealed a $1.3 billion stake in SAP on Wednesday and said it supported a new management efficiency drive, sending shares in the German business software company to a record

Why Shares of SAP Jumped Wednesday

01:28pm, Wednesday, 24'th Apr 2019
Solid first-quarter results and an operational review focused on accelerating value creation have investors looking up.
SAP SE (SAP) first-quarter results benefit from favorable growth in cloud revenues and expanding customer base. Also, the company guides higher operating profit levels for 2019.
The $8 billion acquisition of experience management software startup Qualtrics, announced in January, has led SAP to underperform Wall Street expectations and post an operating loss for the first quar
SAP CEO Bill McDermott joins "Squawk Box" to discuss the company's quarterly earnings.
Already a hit among small and midsized enterprises, Freshworks is out to grab more of the large companies that now rely on bigger rivals in a global market for cloud application services that Gartner
SAP SE announces new enhancements to SAP HANA platform to boost adoption and strengthen position in database management market.
SAP Announces Managerial Changes. We believe that SAP, with its ongoing initiatives, is well poised to capitalize on potential of the market.

IIoT Revolutionizing Manufacturing

12:47pm, Friday, 29'th Mar 2019
The IIoT market could grow from $3.27 billion in 2018 to $13.82 billion by 2023.
SAP, will post revenues higher than $34 billion by the fiscal year 2020. The company has posted strong growth for the past few years with revenues up from $23 billion in 2015 to $28.3 billion in 2018.
SAP CEO Bill McDermott says the software firm will continue to invest in China and he remains optimistic about Sino-U.S. trade tensions.
SAP CEO Bill McDermott on concerns of a Chinese economic slowdown, the U.S. trade talks with China, market uncertainties and the impact of the partial government shutdown.

SAP to buy startup Qualtrics for $8 billion

07:00pm, Sunday, 11'th Nov 2018
CNBC's Andrew Ross Sorkin reports on a new deal forming between SAP and Qualtrics just days before Qualtrics was expected to go public this week.
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