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SAP pitches cloud transformation to pandemic-hit customers

SAP CEO Christian Klein. Image: SAP
SAP says it is ready to lead customers into a cloud-based future, but the business software group may need all its powers of persuasion to convince its 400 000-strong client base to launch a major overhaul of systems in a pandemic.
The leading provider of vital enterprise applications from financial management to logistics this week launched its “Rise with SAP” pitch the result of a strategic pivot announced by CEO Christian Klein last year that stunned markets and caused its biggest share price slump in a generation.
Investors baulked at Klein’s abandonment of his mid-term profit targets as SAP winds down its legacy software-licence business, which is profitable and cash generative, replacing it with subscription revenues that are standard for cloud services and are more spread out over time. ....

Sean Roberts , Thomas Henzler , Vinnie Mirchandani , Nadine Schimroszik , Christian Hestermann , Douglas Busvine , Christian Klein , Gartner Research , Google Or Amazon Web Services , Amazon Web Services , Middle East , சீன் ராபர்ட்ஸ் , வின்னி மீற்ச்சண்தணி , கிறிஸ்துவர் க்ளீன் , கார்ட்னர் ஆராய்ச்சி , கூகிள் அல்லது அமேசான் வலை சேவைகள் , அமேசான் வலை சேவைகள் , நடுத்தர கிழக்கு ,

Analysis: SAP pitches cloud transformation to pandemic-hit customers

5 Min Read
BERLIN (Reuters) - SAP says it is ready to lead customers into a cloud-based future, but the business software group may need all its powers of persuasion to convince its 400,000-strong client base to launch a major overhaul of systems in a pandemic.
FILE PHOTO: SAP SE CEO Christian Klein attends the company s annual results press conference in Walldorf, Germany, January 28, 2020. REUTERS/Ralph Orlowski/File Photo
The leading provider of vital enterprise applications from financial management to logistics this week launched its “Rise with SAP” pitch - the result of a strategic pivot announced by CEO Christian Klein last autumn that stunned markets and caused its biggest share price slump in a generation. ....

Sean Roberts , Thomas Henzler , Mark Potter , Vinnie Mirchandani , Christian Hestermann , Douglas Busvine , Christian Klein , Thomson Reuters Trust Principles , Gartner Research , Service Saa , Google Or Amazon Web Services , Amazon Web Services , Vice President Insight , Customer Strategy , Thomson Reuters Trust , சீன் ராபர்ட்ஸ் , குறி பாடர் , வின்னி மீற்ச்சண்தணி , கிறிஸ்துவர் க்ளீன் , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , கார்ட்னர் ஆராய்ச்சி , சேவை சா , கூகிள் அல்லது அமேசான் வலை சேவைகள் , அமேசான் வலை சேவைகள் , துணை ப்ரெஸிடெஂட் நுண்ணறிவு , வாடிக்கையாளர் மூலோபாயம் ,

SAP pitches cloud transformation to coronavirus pandemic-hit customers

By Douglas Busvine and Nadine Schimroszik
BERLIN (Reuters) - SAP says it is ready to lead customers into a cloud-based future, but the business software group may need all its powers of persuasion to convince its 400,000-strong client base to launch a major overhaul of systems in a pandemic.
The leading provider of vital enterprise applications from financial management to logistics this week launched its Rise with SAP pitch - the result of a strategic pivot announced by CEO Christian Klein last autumn that stunned markets and caused its biggest share price slump in a generation.
Investors balked at Klein s abandonment of his mid-term profit targets as SAP winds down its legacy software-licence business, which is profitable and cash generative, replacing it with subscription revenues that are standard for cloud services and are more spread out over time. ....

Sean Roberts , Thomas Henzler , Nadine Schimroszik , Douglas Busvine , Mark Potter , Vinnie Mirchandani , Christian Hestermann , Christian Klein , Gartner Research , Service Saa , Google Or Amazon Web Services , Amazon Web Services , Vice President Insight , Customer Strategy , சீன் ராபர்ட்ஸ் , குறி பாடர் , வின்னி மீற்ச்சண்தணி , கிறிஸ்துவர் க்ளீன் , கார்ட்னர் ஆராய்ச்சி , சேவை சா , கூகிள் அல்லது அமேசான் வலை சேவைகள் , அமேசான் வலை சேவைகள் , துணை ப்ரெஸிடெஂட் நுண்ணறிவு , வாடிக்கையாளர் மூலோபாயம் ,