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SAP RESTRUCTURING
Design focus under ECMS; Kissht's strong IPO demandGovernment mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5.- SAP's 2026 cloud forecasts disappoint, shares drop 15%, biggest daily loss since 2020German software company SAP's 2026 cloud revenue forecast failed to meet market expectations on Thursday and the company's shares fell by ...
- European shares rise as Inditex leads retailers, Novo Nordisk shinesEuropean shares experienced a rise, propelled by strong performances in the retail sector, particularly Inditex, which reported accelerated...
- SAP’s India cloud growing over 50%, to focus on smaller businesses: India MDManish Prasad, president and managing director of SAP Indian Subcontinent, told ET that India is a key growth market for the company. SAP, ...
- SAP to restructure 8,000 roles in push towards AISAP said it expects generative AI to fundamentally change its business and has pledged to invest more than $1 billion by backing AI-powered...
- European shares rise on upbeat tech earnings, China c.bank aidEuropean shares opened sharply higher on Wednesday, boosted by technology stocks after software firm SAP and chip-making equipment maker AS...
- SAP to restructure 8,000 roles in push towards AISAP expects generative AI to fundamentally change its business and has pledged to invest more than $1 billion, while opening new tab in AI-...
- SAP to hire at least 1,000 new staffers this year: senior VP Sindhu GangadharanA quarter of the patents filed by SAP are also coming out of Bengaluru. India is the fastest growing market for SAP and in the past few yea...
- 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...
- European shares dip as China policy concerns temper earnings boostResults from Credit Suisse will be followed by those from UBS Group AG and Barclays on Thursday and Deutsche Bank on Friday.
- Two more top executives resign from InfosysAbdul Razack, senior vice-president, and Pervinder Johar, CEO of Edge Verve, the wholly owned products and platforms subsidiary , have resi...
- Companies may move to new IT systems to tackle GST challengesCos are mainly upgrading their enterprise resource planning (ERP) - a category of biz-mgmt software - so as to accommodate the complexities...
- KPIT Technologies plunges over 36% in two sessionsShares of KPIT Technologies plunged over 36% in two sessions following disappointing results for quarter-ended March 2015.
- Vishal Sikka reshuffles responsibilities of numerous top executivesCompany sources said they would soon appoint a CEO for Edgeverve, who will report to Reh. Edgeverve is modelled like a software startup.
- Porsche cashes in on turnaround with consultancy businessPorsche Consulting's team of over 360 can draw on the carmaker's experience of recovering from the brink of insolvency two decades ago.
- Why KPIT Tech is poised for growthKPIT Tech’s recent poor performance compared to its peers makes it a value pick now. Analysts are bullish for various reasons.
- SAP officials deny job cuts in India as staff get anxiousJob cuts announced by SAP on Wednesday is unlikely to have an impact on its workforce in India, senior company officials said.
- 'SAP plans to get more customer-centric , realign Indian team'ET talks to Peter Gartenberg, 51, the new managing director for business software maker SAP India.
- IT majors eye European SAP cosTech firms are evaluating SAP service providers such as BearingPoint and IDS Scheer for a potential acquisition, as they seek to increase t...
- Fujitsu to create 5,500 jobs in IndiaThe move would boost the number of employees at its biz in India to 8,500 by '09 from about 3k currently.
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