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Having various forms of SAP in different parts of the business weighed on the sugar refiner’s ability to modernize business processes. Now running a single version in the cloud, all barriers have been dissolved.
SAP’s profitability fell sharply in 2022 despite overall revenue growth and booming cloud sales, prompting it to sell its remaining stake in Qualtrics and lay off 2,800 staff.
ServiceNow’s share price slid in after-hours trading despite major revenue growth being announced in the company’s fourth quarter results.
Microsoft is investing billions more into OpenAI, the company behind ChatGPT, and plans to roll out new enterprise services based on the company’s generative AI products.
A securities fraud lawsuit filed against IBM accuses the tech giant of deceiving investors by shifting mainframe revenue to make its cloud and AI-based Watson products appear to be in high demand.
An audit report showed the space agency spent an additional $20 million over the same period in fines and overpayments to vendors such as IBM, SUSE, and SAP among others.
The National Hockey League is leveraging data and analytics to measure the carbon footprint of its teams’ venues and glean insights into best practices for its sustainability goals.
Surveys by user organizations on both sides of the Atlantic show more SAP customers moving, or planning to move, to S/4HANA from ECC 6, although stumbling blocks remain.
Social media and web spoofing can tarnish your brand and market cap.
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