SAP News
Data management is growing at the core of functional enterprises as the ever-increasing volume and complexity of data is making it integral for companies to store and manage data efficiently. This process demands several external resource planning software solutions to be executed, and Systems Applications and Products (SAP) has been catering to this demand as a pioneer for years now.
SAP CEO Christian Klein, in a streamed video, called the layoffs "very targeted restructuring" that would help it focus on "areas where we are strongest to continue our accelerated growth".
Almost 60,000 employees with 209 companies globally have lost their jobs in the first month of 2023.
SAP said on Thursday it planned to cut 3,000 jobs, or 2.5% of its global workforce.
Tech giant IBM is laying off 3,900 employees.
SAP plans to cut 3000 jobs or 2.5% of its global workforce.
The company is exploring the sale of its remaining stake in Qualtrics to cut costs and focus on cloud business.
SAP is the latest tech company to cut jobs after companies including Alphabet's Google, Microsoft and Amazon.
Uneecops Asia’s #1 SAP Business One partner augments, strengthens and deepens its foothold in SAP Business One with its recent acquisition.
Zee Business Dare to Dream Awards celebrate the success of home-grown businesses started by visionary entrepreneurs.
Reliance Corporate IT Park (RCITPL) on Wednesday said it has signed a Memorandum of Understanding (MoU) with enterprise application software major SAP SE to launch `SARAL GST solution for taxpayers.
German automaker Volkswagen on Thursday said it has started an in-house arm in Pune to serve the information technology-related needs of all its global brands.
India offices of MNCs like DHL, Google and Marriott ranked among the top workplaces in Asia, while as many as 10 Indian companies including Lupin, M&M and InterGlobe Enterprises made it to the list under the '25 Best Large Places to Work' category
Cisco, SAP and Bosch under which each will jointly market networking systems using Philips programmable lights.
Praising the skill and commitment of Indian IT professionals, Prime Minister Narendra Modi Monday said the magic created by their fingers on the keyboard has given India a new identity in the world.
Established players in the industry are all looking to boost Internet-based delivery of their business software products to fend off competition from pure cloud-based rivals, a market Salesforce pioneered and where it remains category leader.
Sengupta will be responsible to drive SAP's growth strategy and operations in India, Bangladesh and Sri Lanka
SAP Chief Executive Bill McDermott said his company has "zero interest" in acquiring software rival Salesforce.com, which is rumoured to be for sale.
"There is no truth whatsoever to the suggestion SAP is considering or ever did consider acquiring Salesforce.com," said an SAP spokesperson in an e-mailed statement.
Klaus Tschira, one of the co-founders of European software giant SAP, has died unexpectedly at the age of 74, his foundation said on Tuesday.
Business software maker SAP SE will cut about 2,250 posts, or around 3 percent of its global workforce, while creating a similar number in expanding parts of the company, as it accelerates a push to sell its products via the Internet.
SAP has launched the most high-stakes overhaul of its core software line in more than two decades, aiming to convince multinational corporate customers that its software can now run their most critical business applications much faster.
German business software maker SAP is doing an about-face on its acquisition strategy and plans no more big new deals in the next few years, its chief executive said on Wednesday.
German software giant SAP has agreed to pay US rival Oracle more than USD 359 million to settle a long-running copyright battle, it said today.
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