SAP new Centre of Excellence in Bengaluru with 15,000 seating capacity to be operational in AugustThe new Centre of Excellence should get operational in the second half of the year, may be July-August, SAP Indian Subcontinent president a...
23 May, 2025, 02.53 PM IST
SAP: more efficient AI will drive demand for our AI products"Yesterday ... (DeepSeek) showed that AI infrastructure will scale, it will become a commodity. Without this infrastructure you cannot run ...
28 Jan, 2025, 03.58 PM IST
SAP will 'over proportionally' invest, hire in India: CEO Christian KleinSAP, a German software maker, has its market in 130 countries and Indian market's "rapid growth" factors in to this large investment. Klein...
06 Nov, 2024, 01.57 PM IST
SAP aims to double embedded AI use cases to 100 by year-end: SAP CEOKlein was speaking at SAP’s annual conference Sapphire, where the company unveiled generative AI innovations and partnerships. Klein was sp...
05 Jun, 2024, 01.31 PM IST
SAP lowers FY cloud revenue forecast after slowing demand in Q2Cloud revenue was 3.3 billion euros in the second quarter, falling short of a median estimate of 3.4 billion euros in a company-provided co...
20 Jul, 2023, 11.10 PM IST
Huge growth potential in generative AI, says SAP CEO Christian Klein"Currently, we at SAP address a $500 billion market. We assume that the potential will increase significantly through generative AI," Klein...
28 Jun, 2023, 12.50 PM IST
SAP to embed ChatGPT in products as quarterly revenue beats estimatesSAP also has an internal committee with customers, researchers and analysts to check for biases in AI use cases and guard against potential...
21 Apr, 2023, 04.09 PM IST
SAP to double India investment in five years: CEO Christian KleinIn an exclusive interview with ET’s Romita Majumdar and Surabhi Agarwal, Christian Klein, the 42-year-old chief executive of SAP, who's amo...
01 Mar, 2023, 08.42 PM IST
"We are very happy to be a partner of India": CEO of SAPChristian Klein said, "The country (India) has high aspirations for sustainability and wants to use technology to achieve that, to decarbon...
25 Feb, 2023, 09.22 PM IST
SAP to cut 3,000 jobs, explore Qualtrics stake saleSAP is the latest tech company to cut jobs after companies including Alphabet's Google, Microsoft and Amazon announced thousands of layoffs...
26 Jan, 2023, 02.20 PM IST
Hawkish Fed, bruising global sell-off topple European sharesFollowing the Federal Open Market Committee meeting, Powell said the U.S. central bank is likely to hike interest rates in March and reaffi...
27 Jan, 2022, 02.25 PM IST
SAP picks up minority stake in Icertis, valuation likely tops $5 billionIcertis, a cloud-based enterprise contract management platform that counts Airbus, Cognizant, Microsoft, and Roche as customers, is expecte...
25 Jan, 2022, 06.53 PM IST
Germany's SAP shares slip as improved outlook still falls shortShares in the firm whose software is used for finance, human resources management and supply-chains were down 2% by mid morning, after an i...
21 Jul, 2021, 04.20 PM IST
SAP says new cloud package a hit, confirms outlookSAP's new business transformation product, Rise with SAP, is "rapidly becoming a massive accelerator", CEO Christian Klein says after annou...
22 Apr, 2021, 10.55 AM IST
SAP goes all in on cloud, scraps mid-term margin goalsInvestors reacted by dumping shares in Europe's most valuable tech firm, which opened nearly 20% lower in Frankfurt to wipe $35 billion off...
26 Oct, 2020, 06.06 PM IST
Female SAP co-CEO leaves company after six monthsMorgan, 48, became the first woman to head a company listed on Frankfurt's blue-chip DAX 30 index when she was appointed co-CEO alongside C...
21 Apr, 2020, 12.58 PM IST
SAP to house data of Indian users locallySAP plans to have an open ecosystem, allowing multiple cloud service providers, as customers demand different cloud storage systems.
29 Mar, 2019, 08.49 AM IST