Hasso Plattner, chairman of SAP, bought shares worth nearly €250-million in the German software company on Monday after a once-in-a-generation price slide triggered when management dumped its profit targets.
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SAP said on Monday it was going all in on its shift to cloud computing as it abandoned medium-term profitability targets and cautioned that its business would take longer than expected to recover from the coronavirus pandemic.
Promoted | In these days of digital transformation, service availability is a business must. Fortunately, today’s technology is making it easier than ever for IT teams to minimise downtime and achieve the availability demanded.
Promoted | While the move hasn’t caught anyone by surprise, many companies are yet to decide whether to run S/4Hana in the cloud or on-premise, or to ditch SAP and switch to a different platform altogether.
Promoted | SUSE open-source specialist Johann Els joins the podcast for a discussion on why SUSE Linux Enterprise Server makes SAP enterprise applications faster and more responsive.
South African investigators are seeking to recover more than R400-million from German software giant SAP for two government contracts they allege were entered into unlawfully, court documents show.
Hasso Plattner, the co-founder of German enterprise software giant SAP, has donated R100-million to South Africa’s Solidarity Fund.
On the night of 20 April, Christian Klein gained two major responsibilities. He became a father for the second time. And Klein was named sole CEO of SAP.
SAP co-CEO Jennifer Morgan, appointed in October to the top executive post alongside Christian Klein, will abruptly leave the German software company at the end of April.
Promoted | In this episode of the podcast, TechCentral speaks to SUSE country manager Grant Bennett about the growing interest in and adoption by enterprises in South Africa of Internet of things technologies.