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German software giant SAP plans restructuring to boost AI development

German software giant SAP is launching a major reorganization of its artificial intelligence (AI) business, with around 8,000 employees affected by the plan, the company announced late on Tuesday. The company, based in the town of Walldorf in south-western Germany, cut 3,000 jobs around a year ago in order to streamline its organization and focus more on its core business of software for corporate management. "With the planned transformation programme, we are increasingly shifting investmen...
Christian Klein Dominik Asam Sap Software Software Manufacturer Software Group Annual Press Conference
Source: yahoo.com

SAP Puts Its Money Where Its Mouth Is, Invests In Generative AI Startups

Funding has been hard to come by in 2023, but startups in the generative artificial intelligence (AI) space seem to be exempt from this rule. Most recently, SAP — one of the world's largest consulting and software companies in the world — invested big money in three top generative AI companies: Aleph Alpha GmbH, Anthropic PBC and Cohere. Don't Miss: Until 2016 it was illegal for retail investors to invest in high-growth startups. Thanks to changes in federal law, this Kev...
City Of United Kingdom San Francisco United States Alpha Gmb Kevin Oleary
Source: yahoo.com

Rimini Street Expands Scope of Rimini Support™ for Daekyo to Include Both Oracle and SAP Products Based on Proven Business Impact and Outcomes

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, products and services, the leading third-party support provider for Oracle and SAP software, and a Salesforce and AWS partner, today announced Daekyo, South Korea’s leading education service, has expanded their Rimini Support™ services from an initial scope of Oracle products to now include their SAP products as well.
South Korea United States Las Vegas Jincheol Yoon Hyungwook Kim Exchange Commission

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Rimini Street Announces Fiscal Fourth Quarter and Annual 2022 Financial and Operational Results

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced results for the fourth quarter and fiscal year ended December 31, 2022
United States Michaell Perica Las Vegas Exchange Commission Highlights Include Rimini Street

Industry-Leading Solutions from OpenText Complement RISE with SAP

OpenText™ (NASDAQ: OTEX), (TSX: OTEX) is a platinum sponsor of the SAPPHIRE NOW® conference where it will showcase how its industry-leading information management solutions, offered as SAP Solution Extensions, complement the RISE with SAP package and empower businesses on their journey to the SAP S/4HANA® Cloud.
Sap Software Sap Solution Information Management அப் மென்பொருள்
Source: yahoo.com

Iguatemi Extends its Support Agreement with Rimini Street to Include Application Management Services for SAP

Iguatemi Extends its Support Agreement with Rimini Street to Include Application Management Services for SAP Read full article Oops! Shopping center management company now benefits from an integrated approach to its SAP support from one trusted provider Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, today announced that Iguatemi, Brazil’s...
Rimini Street Application Management Services Sap Software Rimini Street Watch Application Management The Company
Source: yahoo.com

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