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Qualtrics float would be ‘win-win’ proposition: SAP CEO

BERLIN (Reuters) – SAP’s (SAPG.DE) plans to float online sentiment tracking business Qualtrics would be a “win-win” proposition, CEO Christian Klein said on Monday, as the business software group confirmed its second quarter results and guidance. SAP would ret... More »

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SAP in three-year cloud partnership with Microsoft

BERLIN (Reuters) – Business software group SAP said on Monday it had reached a three-year deal with Microsoft to help its large enterprise customers move their business processes into the cloud. The partnership, called “Embrace”, will help clients to run opera... More »

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SAP says one-off item to reduce 2017 tax bill

FILE PHOTO: The logo of German software group SAP is pictured in Vienna, Austria, July 25, 2016. REUTERS/Leonhard Foeger/File Photo FRANKFURT (Reuters) – German business software group SAP SE (SAPG.DE) said on Friday lowered the forecast for its expected effec... More »

SAP quarterly results fall short as U.S. market slows

FRANKFURT Europe’s largest software company, SAP (SAPG.DE), warned late on Friday that first-quarter results would be weaker than expected due to slower sales of software licenses to corporate customers, particularly in Brazil and the United States. Software l... More »

SAP CFO says pipeline looks very healthy

FRANKFURT/STUTTGART SAP’s order pipeline for the second half of the year is “very healthy” and will offset a decline in sales from its packaged software products, which will pose no threat to the company’s full-year operating profit target, its finance chief s... More »

SAP’s packaged software suffers amid switch to cloud

FRANKFURT German business software maker SAP posted quarterly profit at the low end of forecasts, hit by weak sales of its traditional packaged software and a rapid shift by customers to lower-margin cloud software delivered via the Internet. Like established ... More »