|Bid||113.62 x 80000|
|Ask||113.84 x 80000|
|Day's Range||113.32 - 114.50|
|52 Week Range||84.02 - 117.02|
|Beta (3Y Monthly)||0.72|
|PE Ratio (TTM)||41.69|
|Forward Dividend & Yield||1.50 (1.36%)|
|1y Target Est||109.70|
After its $8 billion acquisition of Qualtrics late last year, the European software giant — with North American headquarters in Newtown Square — is betting that it can fend off heavy-hitting competitors like Microsoft and Oracle by integrating its operational expertise with Qualtrics’ customer sentiment data, creating what it calls “experience management.” Since the beginning of the year, SAP has also seen departures in its top leadership, rolled out a restructuring plan affecting about 4,400 employees worldwide, set ambitious goals for boosting margins in its growing cloud business and drew the attention of activist investor Elliot Management, which invested $1.3 billion in SAP (NYSE: SAP) in April to acquire a roughly 1% stake. SAP’s global transformation is also unfolding at its Delaware County campus, where more than 3,300 employees across sales, marketing, executive leadership and other functions work every day.
The Palo Alto company was founded by a group of former leaders at Fusion-io Inc. and has now raised more than $200 million and nearly doubled its valuation since last summer to about $540 million, according to PitchBook Data.
Microsoft Corp and Oracle Corp on Wednesday said they reached an agreement to make their two cloud computing services work together with high-speed links between their data centers, targeting big business users and uniting against cloud computing leader Amazon.com's Amazon Web Services. The two companies said the high-speed link between their data centers would start with facilities in the eastern United States and spread to other regions. The move comes as both Oracle and Microsoft are courting large businesses and government customers considering moving computing tasks currently handled in their own data centers to cloud providers.
LONDON, June 4, 2019 /PRNewswire/ -- SAP SE (SAP) today announced leading international bank HSBC Holdings plc as the 2019 recipient of the Klaus Tschira Human Resources Innovation Award for digitally transforming its HR offering to serve its workforce of 275,000 people more effectively. Along with the award, SAP will make a €10,000 donation to the National Autistic Society, the United Kingdom's leading charity for autistic people and their families, on behalf of HSBC. "HSBC has made its employees the focus of its digital HR transformation," said Greg Tomb, president, SAP SuccessFactors.
Here Are the Latest Battles Apple Has Been Fighting(Continued from Prior Part)A $1.2 trillion marketApple (AAPL) and German business software company SAP SE (SAP) are taking their enterprise mobility partnership to a new level. The companies
SOUTH SAN FRANCISCO, California, May 21, 2019 /PRNewswire/ -- SAP SE (SAP) today announced global legal practice Eversheds Sutherland Ltd has implemented cloud-based SAP® SuccessFactors® solutions for human capital management (HCM) to help increase efficiency and streamline operations for its International organization offices. The SAP SuccessFactors Employee Central solution has been rolled out to approximately 3,000 employees throughout the United Kingdom, France, Luxembourg, Middle East and Asia. Eversheds Sutherland's key strategic HR priority is to deliver a consistent and superior employee experience.
The spend management software company started in France but its founder and CEO has been operating from the U.S. headquarters it opened in Redwood City in 2011.
Pirates president welcomes 600 SAP employees and hints at major project to come, which is expected to include entertainment and several buildings.
WALLDORF, Germany, May 14, 2019 /PRNewswire/ -- SAP SE (SAP) today announced "Design Thinking and Challenge Management," a new course on the openSAP platform to introduce learners to two methodologies, which together foster innovation on an enterprise and personal level. This is the first step in a new collaboration between SAP and former world boxing champion Dr. Wladimir Klitschko and his company, Klitschko Ventures GmbH. The SAP® Design Thinking methodology promotes out-of-the-box thinking and the development of new approaches in an agile, fast and structured way.
Of the many categories in the tech world, none is more ferociously competitive than enterprise. For decades, SAP, Oracle, Adobe, Microsoft, IBM and Salesforce, to name a few of the giants, have battled to deliver the tools businesses want to become more productive and competitive. Last year alone, the top 10 enterprise acquisitions were worth $87 billion and included IBM’s acquiring Red Hat for $34 billion, SAP paying $8 billion for Qualtrics, Microsoft landing GitHub for $7.5 billion, Salesforce acquiring MuleSoft for $6.5 billion and Adobe grabbing Marketo for $4.75 billion.
Business Software Vendors' Latest: MSFT, IBM, SAP, ORCL, and ADBE(Continued from Prior Part)SAP is transitioning to the cloudActivist investor Elliott last month revealed that it owns shares worth ~$1.3 billion in SAP SE (SAP), representing a ~1.0%
Business Software Vendors' Latest: MSFT, IBM, SAP, ORCL, and ADBE(Continued from Prior Part)SAP says all the pieces are in placeSAP SE’s (SAP) buying other companies to help it strengthen its existing businesses and diversify into new markets has
ORLANDO, Florida , May 9, 2019 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced project "Embrace," a collaboration program with Microsoft Azure, Amazon Web Services (AWS) and Google Cloud ...
ORLANDO, Florida , May 8, 2019 /PRNewswire/ -- Thanks to its unrivaled business process expertise and close collaboration with customers and partners, SAP SE (NYSE: SAP) today again proves that it delivers ...
Elliott, which manages $34 billion in assets, disclosed its first large European tech investment on April 24, the day SAP announced quarterly results, saying it backed a new management goal of boosting operating margins by 5 percentage points through 2023. McDermott said it would be possible to hit the margin target by ensuring that revenue growth outpaced costs, indicating that there was no pressure from Elliott for further retrenchment after a recent round of job cuts.
Just three months after completing its acquisition of Qualtrics, SAP has rolled out 10 new offerings that combine experience data (X-data) with operational data (O-data) to measure and improve the four core experiences of business — customer, employee, product and brand. The combination enables organizations to continuously listen to the beliefs, emotions and intentions of customers, employees, suppliers, partners and other stakeholders.
WALLDORF, Germany , May 6, 2019 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the following event: SAPPHIRE NOW 2019 Financial Analyst Conference ( Orlando, FL ) The Company will host a financial ...
ORLANDO, Florida, May 6, 2019 /PRNewswire/ -- SAP SE (SAP) today announced a series of innovations to SAP S/4HANA® to make it easier to add artificial intelligence (AI) and robotics, and to customize apps. This will help companies improve business results, automate business processes and make accurate predictions for better decisions. With more than 100 out-of-the-box AI and robotic process automation–powered capabilities, the 1905 release of SAP S/4HANA Cloud solidifies its position as the most intelligent ERP on the market today.
WALLDORF, Germany , May 6, 2019 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced new features for its SAP® C/4HANA suite of leading customer experience (CX) solutions to help businesses and organizations ...