German business software maker SAP can realize its growth target for its Internet-based or so-called cloud business without acquisitions, the company’s incoming financial chief said on Thursday. Analyst have suggested SAP will need to make more acquisitions to reach that goal. Luca Mucic, who will succeed Werner Brandt as financial chief next month told Reuters […]
By Harro Ten Wolde FRANKFURT (Reuters) – German business software maker SAP warned on Thursday that it expected the negative impact of volatile exchange rates to worsen in the second quarter as the strong euro weighs on its financial results. SAP said its software and software-related service revenues would take a 6 percentage point hit […]
FRANKFURT (Reuters) – German business software maker SAP said it was buying technology firm Fieldglass as it continues aggressive growth of its internet-based services offering. Chicago-based Fieldglass, which has 350 employees, offers cloud-based services for procuring and managing contingent labor and services, SAP said in a statement on Wednesday, without saying how much it was […]
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