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Software maker SAP AG said Wednesday it would cut 3,000 jobs worldwide to cut costs as its 2008 net profit fell 2 percent, weighed by a difficult year-end when the financial crisis deepened.
Software maker SAP AG said Tuesday its third-quarter profit fell 5 percent on costs relkated to an acquisition. The company cited the shaky global economy in cutting its forecast for an important measure of profitability for the full year and for abandoning a key revenue forecast.
Shares of SAP AG plunged Monday after the business software maker said it saw a sudden drop in business at the end of September as global financial turmoil escalated.
Escalating its rancor with rival SAP AG, business software maker Oracle Corp. accused SAP on Monday of knowingly buying and then embracing an illegal operation set up to steal Oracle's products and customers.
German software maker SAP AG said Monday it will shut down TomorrowNow, a subsidiary that provided support for Oracle Corp. software and was accused of stealing information from Oracle.
When Mayor Michael Bloomberg called in to his weekly radio show Friday from a media conference out West, he could hardly contain his excitement as he described the beautiful mountains and weather out in "Salt Lake City, Idaho."
Software maker SAP AG said Wednesday its profit slipped in the first quarter because of its takeover of a software company along with a weaker dollar, but its sales were higher and it raised its 2008 outlook.
SAP AG anointed Leo Apotheker as its new leader Wednesday and appointed a chief operating officer for the first time as the business software maker tries to fend off stiffer competition while digesting the biggest acquisition in its history.
Software maker SAP AG said Wednesday its profit slipped in the fourth quarter even as sales edged higher, and forecast revenue growth from software sales and services of about 14 percent in 2008.
Battling allegations of corporate espionage, business software maker SAP AG cut its ties with the leaders of a subsidiary that infiltrated rival Oracle Corp.'s computers to fetch information about Oracle's products.
SAP AG, the world's largest maker of business-software applications, said Thursday its third-quarter profit rose 10 percent thanks to increased license sales.
The proposed $7 billion purchase of Business Objects SA, the biggest deal in the history of German software giant SAP AG, spotlights an increasingly competitive market segment known as business intelligence.
SAP AG shares fell Monday on fears the German software company's $6.79 billion bid for Business Objects SA will dent earnings because of the high price of the deal and disappointing results from the French company.
Weather Good To Maple Syrup Supply So Far -The sweet smell of maple syrup permeated the air at the Maple Festival in West Chazy on Saturday morning. Visitors said it's the taste of that sugary topping that keeps them coming back year after year.
SAP launches biggest software upgrade in 3 years - Yahoo! Canada NewsIf you work with SAP your skills are outdated since there will be changes with the system.
Pass the pancakes! It's maple syrup timeAs the winter's cold begins to loosen its hold on Connecticut, maple sugar makers carefully watch the weather.
Interview with SAP Co-Founder Plattner: 'The World Has Been Living Beyond its Means' Spiegel does the best interviews and presents them without spin.
Stumpy the Fearless aka Tripod was a friend of mine. He was a fox squirrel who lived on the grounds of my apartment building. Stumpy had three limbs, his left arm having been lost in some tragedy. I met him long after he had healed and overcome his adversity.
SAP unveils its first software for iPhoneSAP said on Tuesday that new software for sales-force automation that it is hailing as one of the most user-friendly products to date would be compatible with Apple's iPhone.
Novell Promotes Partner Ecosystem with New Growth IncentivesNovell today announced a new initiative to increase revenue and profitability for solution providers and consulting partners who specialise in selling Novell® technologies.
The Market Overview For Business Performance Management SoftwareBased on a report about the current market overview of Business Performance Solutions (BPS) and specifically SAP´s strategic movements. SAP traditionally has had a tendency toward inhouse development of the applications.
SAP Board Meets In IndiaSAP, the technology leader in business software solutions, held its board meeting in India for the first time ever. SAP began its operations in India in 1996 and had by 2006 garnered a market share of 34.4 per cent in ERP, 10.3 per cent in CRM, 39.3 per cent in SCM (IDC).
SOA Pretty High On The Hype Cycle - Nucleus ResearchSOA often ends with a single project or a few projects, which limits the ability for broad-based SOA to deliver ROI. In its survey, Nucleus found that fewer than half of enterprises have really adopted SOA.
SAP's Net Profit Increases 8% On Higher Market Share, SalesBERLIN -- SAP AG Thursday said its second-quarter net profit grew 8%, citing continued market-share gains and double-digit sales growth, as well as a lower-than-usual tax rate.
SAP, German Software Giant, Admits to Illicit DownloadsSAP, the big German software maker, admitted yesterday that a subsidiary had improperly obtained documents and software from Oracle, its archrival in the business software market. It also disclosed that the Justice Department was investigating the matter.
SAP Admits to 'Inappropriate' Oracle DownloadsSoftware company SAP AG acknowledged Tuesday that one of its units made "inappropriate downloads" of Oracle Corp. computer code for fixes and support documents, responding to a lawsuit filed by its rival.
Who Is Ready For SME/SMB? - Nucleus ResearchAn independent report was published by Nucleus Research titled, "SAP and Oracle: Who's Ready for Small and Medium Sized Businesses?" Based on the chart presented it seems that Oracle fairs better than SAP in all areas of comparison.
Business Network TransformationAn interesting conversation with Rolf Schumann (CTO EMEA - SAP) at the SAP Summit. One topic is the concept of business network transformation and drew a chart to explain.
SAP 1000th SME Customers In IndiaSAP announced their 1000th SME customer in India, they are Subhiksha Retail. SAP is growing at a rampant pace in India with almost 400 new customers in 2007, which translated two new customers per work day.
SAP Summit IndiaThe SAP Summit in India will be a three day event. One of the objectives that this article want to see discussed is about their success in India specifically B1 and A1.
SAP customers warming to NetWeaverIt may have taken them the better part of four years, but SAP customers finally appear to be embracing the company's NetWeaver development and integration platform.
Rusty Links in the Automotive Supply ChainA study by an IT and management consulting player posted on SAP Info. It touches on supply chain solutions in the Automotive sector and how collaboration plays an important part in developing industry solutions.
Sap - Cpm? SAP has worked it into their office of the CFO offering and their GRC solution set. Slides from the Sapphire Atlanta.
Outlooksoft Acquisition AnalyzedDuring the Sapphire Vienna bloggers got to talk with Doug Merritt, he is one of SAP's corporate officers and responsible for the development of software for the business user. Outlooksoft fills the whitespace of planning and budgeting solution of SAP.
Geoffrey Moore Keynote: Innovation Cycle - SAP SME InitiativeGeoffrey Moore's keynote at the Sapphire Vienna where he touched upon the innovation cycle and on how it pertains to SAP. His talk was extremely relevant within SAP and the customers who attended the event.
Oracle sues SAP on spying chargesOracle announced Thursday that it has filed a lawsuit against archrival SAP, alleging the software giant hacked into Oracle's customer support center and downloaded copies of its proprietary software code.
Oracle sues SAP for Copyright TheftOracle, which has been on a mission these past few years buying rival companies to challenge the market-leader SAP, alleges that SAP has stolen copyrighted software and confidential materials.
Sweet Canadian Science: Bio Plastic from Maple SapMaple sap tapped as potential green products sourceThe maple tree already provides Canadians with a beautiful part of the landscape, a national emblem and the sticky sweet syrup created from its sap.
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