2026-02-25
Bloomberg
Sources: SAP investors and partners raise doubts about the company's AI products; VW tested SAP's flagship AI assitant Joule and did not find it mature enough
SAP SE's investors and partners are raising doubts about a suite of artificial intelligence products that Europe's …
2026-01-29
Bloomberg
19 related
SAP reports Q4 revenue up 3% YoY to €9.68B, adjusted operating profit up 27% to €2.83B, and forecasts 2026 cloud revenue to grow 23%+ to €25.8B; SAP falls 14%+
SAP SE shares fell the most in more than five years as current cloud backlog in the fourth quarter slipped …
2025-08-03
Bloomberg
2 related
SAP plans to acquire HR software company SmartRecruiters, with the deal expected to close in Q4; SmartRecruiters was valued at $1.5B in a 2021 funding round
SAP SE, Europe's most valuable company, will buy San Francisco-based human resources software specialist SmartRecruiters.
2024-07-23
Constellation Research
12 related
SAP reports Q2 cloud revenue up 25% YoY to €4.15B, revenue up 10% YoY to €8.29B, a €918M net profit, and says a “restructuring” will affect ~10,000 jobs
In the second quarter, SAP's strong cloud momentum continued. Lindsay Clark / The Register : Now as many as 10,000 SAP jobs to be hit by restructure Sonja Wind / Bloomberg : SAP Shares Jump After AI D...
2023-01-26
Bloomberg
12 related
German software maker SAP plans to cut ~3,000 jobs in 2023, or 2.5% of its staff, and explore selling its remaining Qualtrics stake; SAP stock is down 12% YTD
SAP SE is planning to cut about 3,000 jobs this year while exploring a sale of its remaining stake in Qualtrics International Inc …
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