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Latest Key Developments (Source: Significant Developments)

SAP SE and T-Systems partner to offer cloud-based logistics solution for internet of things
Tuesday, 3 Mar 2015 03:00am EST 

SAP SE and T-Systems:Enters into an original equipment manufacturer (OEM) agreement for connected logistics.Says SAP connected Logistics software and Connected Car solution from T-Systems, subsidiary of Deutsche Telekom, form basis of smartPORT logistics networking solution that has used in Hamburg Port Authority.Objective was to optimize traffic and logistics processes in order to handle volumes of goods in the port.Offering is not only directed at ports but also at other logistics hubs such as airports, parcel distribution centers and production sites.  Full Article

SAP SE gives FY 2015 guidance in line with analysts estimates, comments on FY 2017 and FY 2020 outlook
Tuesday, 20 Jan 2015 01:01am EST 

SAP SE:Expects full year 2015 non-IFRS cloud & software revenue to increase by 8 pct - 10 pct at constant currencies (2014: 14.33 billion euros).Expects full-year 2015 non-IFRS operating profit to be in a range of 5.6 billion euros - 5.9 billion euros at constant currencies (2014: 5.64 billion euros).Looking beyond 2015, SAP is updating its 2017 ambition.Continues to expect fast growth in its cloud business with non-IFRS cloud subscriptions and support revenue reaching a range of 3.5 billion euros - 3.6 billion euros in FY 2017.Non-IFRS total revenue is expected to reach 21 billion euros- 22 billion euros in FY 2017.Expects non-IFRS operating profit in a range of 6.3 billion euros - 7.0 billion euros in FY 2017.SAP is also introducing high level 2020 ambitions with FY 2020 non-IFRS cloud subscriptions and support revenue expected to reach 7.5 billion euros - 8.0 billion euros.Total revenue in FY 2020 is expected to be in a range of 26 billion euros - 28 billion euros and non-IFRS operating profit in a range of 8 billion euros - 9 billion euros.FY 2015 operating profit estimate 5.7 billion euros - Thomson Reuters I/B/E/S.FY 2017 revenue estimate 21.4 billion euros - Thomson Reuters I/B/E/S.  Full Article

SAP SE completes acquisition of Concur
Thursday, 4 Dec 2014 04:10pm EST 

SAP SE:Has completed its acquisition of Concur Technologies Inc.With acquisition of Concur, SAP advances its business network strategy by delivering a new model for managing business resources, processes and spend in simplest possible way through business network.Says all outstanding shares of Concur have been converted into right to receive $129 per share in cash.Concur has notified The Nasdaq Stock Market of completion of acquisition and expects trading of its common stock to be suspended pending delisting of such shares.Concur will operate as business unit within SAP and continue to be led by its existing management team.  Full Article

SAP SE and Samsung announce plans to collaborate
Tuesday, 11 Nov 2014 06:35am EST 

Samsung Electronics and SAP SE:Says initial plans to deliver enterprise mobility solutions for number of industries, once implemented, plans are expected to help create an enterprise mobility ecosystem based on Samsung mobile devices.New ecosystem will be designed to build on popularity and reach of Samsung's mobile innovations and the SAP Mobile Platform.Collaboration of two companies is expected to create new opportunities for developers to build solutions that can leverage the integrated offering from Samsung and SAP on mobile devices and wearables, as well as to leverage joint cloud solutions based on the SAP HANA Cloud Platform mobile services.  Full Article

Accenture PLC and SAP announce new upstream operations management solution
Thursday, 6 Nov 2014 08:03am EST 

Accenture PLC and SAP SE:Says new version of SAP Upstream Operations Management application, which enables oil and gas companies to improve accuracy of production data and identify production-optimization opportunities.As part of expanding portfolio of solutions and services of Upstream Productions Operations by Accenture and SAP announced earlier this year, SAP Upstream Operations Management was co-developed to address these industry needs by Accenture and SAP Business Solutions Group and is delivered by SAP.SAP upstream operations management was co-developed to address these industry needs by accenture and sap business solutions Group and is delivered by SA.  Full Article

Etihad Airways selects SAP SE as strategic technology partner
Thursday, 23 Oct 2014 08:00am EDT 

SAP SE:Etihad Airways selected SAP SE as strategic technology partner.To deploy range of key software solutions to deliver latest best-in-class technology to Etihad Aviation Group.Airline plans to deploy enterprise resource planning application SAP ERP together with range of cloud-based products across its vital business functions, including human resources, finance, procurement and supply management and business intelligence.  Full Article

SAP SE raises FY 2014 guidance
Monday, 20 Oct 2014 01:00am EDT 

SAP SE:Says that based on the strong momentum in SAP's cloud business, the company is raising its cloud outlook again.Expects FY 2014 non-IFRS cloud subscriptions and support revenue to be in a range of 1,040 million euros to 1,070 million euros (previously 1,000 million euros to 1,050 million euros).Sees FY 2014 non-IFRS operating profit to be in a range of 5.6 billion euros to 5.8 billion euros (previously 5.8 billion euros to 6.0 billion euros).  Full Article

IBM and SAP SE partner to accelerate enterprise cloud adoption
Tuesday, 14 Oct 2014 03:21pm EDT 

SAP SE:Says the company and IBM (IBM ) announced that SAP has selected IBM as a strategic provider of Cloud infrastructure services for its business critical applications - accelerating customers' ability to run core business in the cloud.Says the SAP HANA Enterprise Cloud offering is now available through IBM's secure cloud.SAP HANA Enterprise Cloud will expand to major markets with the addition of the IBM cloud data centers.Together, IBM and SAP have the expertise, solutions and cloud infrastructure to deliver SAP business solutions on the IBM Cloud.  Full Article

SAP SE and Birst collaborate to deliver instant cloud analytics on SAP HANA cloud platform
Thursday, 9 Oct 2014 09:00am EDT 

SAP SE:Says partnership with Birst.With this new partnership, it is anticipated organizations will be able to leverage one cloud platform that can deliver instant analytics and ability to more quickly turn insight into action on data, which is key to enabling data-driven organizations.This collaboration intends to bring together a next-generation cloud platform from SAP and Birst's comprehensive two-tier data architecture to provide instant access to an organization's data and help eliminate BI wait time.SAP HANA Cloud Platform is based on breakthrough in-memory technology from SAP and is an open platform for customers and developers to build, extend and run applications in the cloud.  Full Article

European tech index hits 6-month high as SAP and ASML climb

LONDON, July 20 Europe's technology shares index climbed to its highest level since early January on Wednesday, boosted by a rally in SAP and ASML after both reported forecast-beating quarterly results.