SAP Cloud Finally Comes Of Age
The latest tariffs have intensified market volatility, with tech stocks underperforming, yet the sector's valuation correction presents a lower risk of further massive corrections. SAP's robust cloud growth, driven by AI and ERP advancements, has led to significant revenue increases, outperforming peers and contributing to strong future guidance. Despite a decline in SAP's 2024 operating profit due to restructuring, the company forecasts a substantial profit rebound in 2025, bolstered by cloud and AI technologies.
Software giant SAP becomes Europe's most valuable firm amid German stock market boom
Software-maker SAP became Europe's most valuable company this week, riding a wave of artificial intelligence enthusiasm and German stock market gains. CEO Christian Klein previously told CNBC that SAP had the "richest business data set of all tech companies" which was allowing it to deliver a multitude of new AI services.
SAP takes crown from Novo Nordisk as Europe's largest companby
German software giant SAP has overtaken Denmark's Novo Nordisk (NYSE:NVO) to become Europe's largest company by market cap. SAP's market cap of $340 billion edged past the maker of weightloss drugs, according to Reuters calculations using LSEG data.
Germany's SAP overtakes Novo Nordisk as Europe's largest company
German software company SAP overtook Danish healthcare company Novo Nordisk as Europe's largest company by market cap on Monday.
SAP chief AI officer discusses how its AI agents are driving return on investment
Philipp Herzig, global chief artificial intelligence officer and chief technology officer at SAP Global, discusses the company's AI-first strategy and how its AI agents are benefiting clients.
SAP SE (SAP) Morgan Stanley Technology, Media & Telecom Conference Call Transcript
SAP SE (NYSE:SAP ) Morgan Stanley Technology, Media & Telecom Conference Call March 4, 2025 6:20 PM ET Company Participants Muhammad Alam - Lead Product Engineering Conference Call Participants Adam Wood - Morgan Stanley Adam Wood Okay. Great. I'll start this next session off.
SAP Empowers Businesses With Security & Digital Sovereignty, Stock Up
SAP Canada launches SAP Sovereign Cloud, a service that aids Canadian organizations in meeting strict data security, legal and operational requirements.
SAP Stock Jumps 32% in Six Months: What Should Investors Do?
SAP's performance is driven by strengthening its cloud business. Global macroeconomic weakness and tough competition in the cloud space are concerns.
SAP and Databricks Enable Customers to Unify Data for AI
SAP and Databricks announced a new partnership and product that makes it easier for customers to unify all their data by combining their SAP data with the rest of their enterprise data.
SAP taps Databricks to enhance AI readiness with new Business Data Cloud
SAP's Databricks-powered Business Data Cloud will give teams a faster, simpler way to unify and mobilize their business data assets.
SAP CEO on New Partnership With Databricks on 'business AI'
SAP CEO Christian Klein speaks exclusively with Worldwide Exchange anchor Frank Holland about the new partnership announces on Thursday between the European tech giant and the data analytics startup. SAP will provide access to data from its market leading ERP software and allow Databricks to imbed its lakehouse architecture, a move the companies call 'landmark'.
Databricks CEO on new partnership with SAP on 'business AI'
Databricks CEO Ali Ghodsi speaks exclusively with Worldwide Exchange Anchor Frank Holland about the new partnership announced on Thursday between the data analytics startup and the European tech giant. Databricks lakehouse architecture will be imbedded into SAP's market leading ERP software, a move the companies call 'landmark'.
