Sap

The German software company has seen high executive board turnover in the past six years

SAP expects adjusted profit to be at the upper end of its forecast, which ranged from 10.3 billion euros to 10.6 billion euros

The company’s largest market is the US, which represents more than 30% of its sales

Novo’s market capitalisation stood at US$365 billion

SAP continues to expect cloud revenues in a range of 21.6 billion euros to 21.9 billion euros for the year, the company says

The Industrial Postgraduate Programme, supported by the EDB, is expected to strengthen the pipeline of AI talent in Singapore

SAP’s cloud revenue grew by 25 per cent in the third quarter as Europe’s biggest software company worked to transition customers away from locally run systems with the promise of artificial intelligen...

SAP reported first-quarter cloud revenue in line with analysts, as a boom in demand for artificial intelligence (AI) fuelled the German software company’s growth.

SAP unveiled a plan to restructure operations this year to trim costs and focus more on artificial intelligence (AI), affecting about 8,000 employees.