Earnings from SAP, ServiceNow, and IBM challenge the SaaSpocalypse narrative, showing continued growth in cloud and software businesses despite AI reshaping enterprise spending. SAP CFO Dominik Asam s…
SAP reported 22% cloud revenue growth to €6.28 billion in Q2 2026, beating forecasts and calming investor fears that AI would disrupt its subscription model. The cloud backlog jumped 26%, sending shar…
SAP SE posted second-quarter earnings of €1.89 per share, beating Wall Street's estimate of €1.68, and revenue of €9.88 billion, up 11% year-over-year, as the enterprise software giant shrugged off fe…
SAP is restricting hiring and travel spending to fund its AI transformation, focusing new hires on AI roles and suspending non-AI-related internal travel. The company is prioritizing AI investments wh…
SAP is limiting hiring and travel spending to fund its AI transformation, shaking up executive ranks, and pushing customers toward cloud migrations with AI incentives. The company unveiled its "Autono…
SAP reshuffled executive oversight of AI for the second time this year, splitting product responsibilities after Muhammad Alam decided not to renew his contract. CEO Christian Klein will manage most o…
SAP is handing oversight of its AI product and engineering functions to CEO Christian Klein and COO Thomas Saueressig in its second top-level reorganisation this year, as the company scrambles to keep…
SAP CEO Christian Klein reorganized the executive board to embed AI accountability at the top, elevating Philipp Herzig to Global CTO and merging AI strategy with technology leadership. The move comes…
Ninety-three percent of Indian organizations expect positive returns on artificial intelligence investments within three years, with reported average ROI reaching 15% in 2025 and projected to rise to …
SAP emphasized European AI sovereignty at its Sapphire Madrid event, showcasing the general availability of Mistral's full platform within Joule Studio and highlighting its EU AI Cloud for sovereign m…
NVIDIA and SAP announced an expanded collaboration at SAP Sapphire to embed NVIDIA's open-source OpenShell runtime into the SAP Business AI Platform, providing security and governance controls for spe…