|Bid||89.52 x 80000|
|Ask||89.53 x 80000|
|Day's Range||89.10 - 90.19|
|52 Week Range||81.37 - 108.42|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||25.17|
|Forward Dividend & Yield||1.40 (1.58%)|
|1y Target Est||109.70|
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Historically, SAP SE (FRA:SAP) has paid a dividend Read More...
In the previous article, we discussed how Oracle’s (ORCL) revenue growth slowed in the fourth quarter of fiscal 2018 and improved just ~0.5% in the first quarter of fiscal 2019. According to the outlook provided by Oracle, it expects its revenue to grow between 0% and 2% in constant currency terms in the quarter, but the strengthening US dollar could hurt its revenue growth expectations. In August, the Turkish lira went through a bad phase that spread to other emerging markets.
Last year, Oracle (ORCL) and AT&T (T) entered into an agreement through which Oracle will migrate thousands of existing Oracle databases on AT&T’s network to Oracle cloud. The exercise was supposed to be a massive one for Oracle, as it involved migrating petabytes worth of AT&T data, making it one of the biggest ever business deals for Oracle. Oracle mentioned that it would finish this migration within the year.
In the previous article, we discussed how Oracle’s (ORCL) Autonomous Database is an attempt by Oracle to penetrate the IaaS (infrastructure-as-a-service) market, a category of cloud computing. Despite Oracle’s small presence in the IaaS market, it’s known to be a leader in the traditional on-premises database market. According to a report from TechRepublic citing Gartner as its source, the open-source database market is worth $2.6 billion compared to $34 billion for the traditional database market.
The real driver of growth for Oracle in the SaaS market is its growing presence in the ERP (Enterprise Resource Planning) space. ERP includes functions such as procurement, project management, financial management, and accounting. According to Gartner, ERP was a $31 billion market in 2017 and is poised to grow to $34 billion by the end of this year—decent growth despite worldwide economic concerns such as currency volatility, trade wars, and Brexit. The report mentions that SAP (SAP) continues to be the largest player in the ERP market with revenue of over $7 billion in 2017.
SaaS (software-as-a-service) is the concept of the licensing of software applications by a third party on a subscription basis. Alongside SaaS, IaaS (infrastructure-as-a-service) and PaaS (platform-as-a-service) are the other two major categories of cloud computing. According to a report from IDC, SaaS continues to be the biggest category in the cloud services market, clocking $90 billion in revenue in 2017.
Another growth market for IBM is blockchains, a decentralized and mutually-verifiable peer-to-peer technology. The blockchain market is poised to grow rapidly—according to Wintergreen Research and as the chart below shows, the market could grow 89% (compounded annually) from $708 million in 2017 to $60.7 billion in 2024.
The company’s cloud subscription revenue soared 41% YoY (year-over-year) in the third quarter, with its management saying that its cloud subscription business was eclipsing its traditional software license business faster than expected. Its software subscription business was 40% larger than its software license business at the end of the third quarter. As part of its efforts to encourage its customers to transition to its cloud services, where it sees a brighter future, SAP is cooperating with leading cloud companies Amazon (AMZN), Microsoft (MSFT), IBM Corporation (IBM), Google (GOOGL), and Alibaba (BABA).
Microsoft (MSFT) has secured the renewal of its software supply contract with Israel’s government, according to Reuters. This contract renewal is notable because in August, Israel threatened to terminate its software contracts with Microsoft after the company proposed shifting it to a different licensing model. Specifically, Microsoft had wanted to move Israel to a software subscription model from a perpetual software license model (in which the customer is free to use the software as desired).
It seems Oracle (ORCL) is about to lose a key customer, Amazon (AMZN). For a while, Amazon has been rumored to be working on its exit from Oracle’s databases, and it’s recently become clear that Amazon is dropping Oracle as its database provider. Amazon’s top cloud executive, Andy Jassy, told CNBC recently that Amazon is on track to move off of all Oracle databases by the end of 2019.
Bill McDermott became the CEO of SAP SE (FRA:SAP) in 2014. First, this article will compare CEO compensation with compensation at other large companies. Then we’ll look at a snap Read More...
The Stoxx Europe 600 Index was down 0.3 percent. European stocks attempted to stage a recovery from a two-year low yesterday as investors assessed the possibility of the U.S. Federal Reserve softening its policy stance.
, the parent of global survey software company SurveyMonkey, slipped 11.8% to $12.99 at the market's close on Monday, less than a week after reporting quarterly earnings for the first time since going public in September. SurveyMonkey said it expects to grow revenue in the current quarter between 14% and 17% year over year to between $64.8 million and $66.8 million. SurveyMonkey rival Qualtrics International Inc. recently agreed to be acquired by the German-based European multinational software corporation SAP SE for $8 billion in cash.
2018 has been another big year for Sequoia Capital, one of Silicon Valley's most successful venture firms. Here's a look at seven big U.S. exits it has seen this year.
Ericsson (ERIC) is steeling itself for a significant fine resulting from investigations into its compliance with America’s Foreign Corrupt Practices Act (or FCPA). The company’s compliance with the FCPA has been under scrutiny by the Securities and Exchange Commission since 2013 and the Department of Justice since 2015. Ericsson said last month that it was discussing a resolution of the probes, but it warned that a settlement could result in it being hit with a fine.
Lately, the software industry has seen a number of multibillion-dollar acquisitions. In June, Microsoft (MSFT) acquired GitHub for $7.5 billion, and it recently completed this acquisition. GitHub is a central repository where developers keep their code.
Another important business for Microsoft is Dynamics 365, which is an integration of customer relationship management (or CRM), enterprise resource management (or ERP), the Azure IoT platform, and other business productivity applications. Dynamics 365 is a cloud-based application tool that Microsoft launched in 2016. Microsoft expects revenue of more than $1.25 billion from Dynamics 365 this year.
Large enterprise clients are finding value in this company's software services, as it eliminates the need for cumbersome tasks previously performed by manual labor. It's time for investors to realize the value of this high-growing tech company, too.
Now Ryan and Jared Smith are selling Qualtrics International Inc. to European giant SAP SE for $8 billion -- and they’ll get to keep running the business. Ryan, 40, is the chief executive and public face of a startup that -- unusually -- resisted taking venture money for over a decade before finally agreeing to deals with Accel and Sequoia Capital. Last valued at $2.5 billion, Qualtrics makes customer-survey software used by the likes of Microsoft Corp. to General Electric Co., helping boost its revenue more than eight-fold over the past seven years.
Stocks that moved substantially or traded heavily Monday: Coty Inc., up 16 cents to $8.65 The struggling cosmetics company named a new CEO and chairman. Athenahealth Inc., up $11.62 to $131.97 The struggling ...
The Nasdaq was down sharply for the second straight session Monday. In stock news today, big decliners included Apple, Broadcom and Nvidia.
SAP's acquisition of Qualtrics has brought billion-dollar exits to the venture investors who backed its early rounds. Here's a look at who they are and how much their stakes in the SurveyMonkey rival are now worth.