The Business Times

Sap

Telcos, Media & Tech

SAP reports cloud growth that falls short of expectations

FILE PHOTO: The logo of Danish drugmaker Novo Nordisk, Copenhagen, Denmark, September 26, 2023. REUTERS/Tom Little/File Photo
Companies & Markets

Novo Nordisk overtakes SAP as Europe’s most valuable company

SAP is Europe’s largest software maker, providing systems used by companies for finance, sales, supply chain and other functions.
Telcos, Media & Tech

German software maker SAP beats operating profit estimates for first quarter

NUS and SAP Labs will collaborate in training new AI researchers in Singapore.
Technology

SAP Labs partners NUS to train AI researchers

SAP has prospered even as Germany’s economy stalls, with gross domestic product forecast to contract for a consecutive second year in 2024.
Telcos, Media & Tech

SAP cloud sales jump as software giant lures clients with AI

SAP has been seeking to migrate customers from its legacy on-premise software to the cloud, where it is offering business AI services to sweeten the deal.
Telcos, Media & Tech

SAP cloud revenue meets estimate as AI adoption fuels demand

SAP have more than 106,000 employees as at Sep 30.
Telcos, Media & Tech

SAP unveils restructuring plan affecting 8,000 jobs

SAP admitted to giving bribes to government officials in Indonesia, South Africa, Malawi, Kenya, Tanzania, Ghana and Azerbaijan.
Companies & Markets

SAP to pay more than US$220 million to resolve bribery charges

The private sector also has a role to play to realise the potential of artificial intelligence for public good, said Minister Josephine Teo.
Startups & Tech

About S$500 million invested in AI innovation in last 5 years: Josephine Teo

SAP, Europe’s biggest software company, also plans to move away from providing long-term guidance after 2025.
Companies & Markets

SAP says it’s still open to acquisitions after Qualtrics sale

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