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Use ToolSAP Beats Q3 Expectations, Analysts Expect 'Big Cash-Flow Ramp In 2025'
Shares of SAP SE SAP continued to rise in early trading on Tuesday after the company reported its third-quarter results.
benzinga.com
Read MoreSAP Stock Hits Record High as Demand for Its Cloud Products Soars
American depositary receipts (ADRs) of SAP (SAP) traded at an all-time high Tuesday, a day after the German business software giant reported better-than-anticipated results and boosted its sales outlook on booming demand for its cloud products.
investopedia.com
Read MoreSAP's Q3 Earnings & Revenues Up Y/Y on Cloud Strength, Outlook Raised
SAP's Q3 2024 performance benefits from continued business momentum in its cloud offerings and AI innovations.
zacks.com
Read MoreSAP: Solid Quarter And I Remain Buy Rated Given The Positive Outlook
SAP's 3Q24 results showed 10% y/y revenue growth, driven by 27% y/y cloud revenue growth and strong S/4 HANA migration traction. Management revised FY24 guidance upwards, expecting adj EBIT growth of 20-23% y/y and cloud/software revenue growth of 10-11% y/y. AI adoption is accelerating, with 20% of deals including premium AI features, enhancing SAP's cloud offerings and driving growth.
seekingalpha.com
Read MoreSAP boss warns against regulating AI, says Europe risks falling behind U.S., China
Christian Klein, head of German software giant SAP, says Europe risks falling behind the U.S. and China if it ends up overregulating the AI sector.
cnbc.com
Read MoreSAP overtakes ASML to become Europe's most valuable tech company
SAP has overtaken ASML to become Europe's most valuable technology company after a strong set of third-quarter results that saw the German software company lift its full-year outlook.
marketwatch.com
Read MoreSAP Stock Climbs as Earnings Shine. Why That's Good News for IBM and Oracle.
Strong results and upbeat cloud business outlook point to a healthy sector and good things to come for Microsoft, Workday, and others.
barrons.com
Read MoreAI boosts SAP as it upgrades full-year outlook
Shares in SAP jumped 5.5% in early trading after the German software giant raised its full-year outlook, driven by strong growth in its cloud business during the third quarter. Cloud revenue surged 27% to €4.35 billion, thanks in part to a 36% increase in sales of its Cloud ERP Suite.
proactiveinvestors.co.uk
Read MoreSAP SE (SAP) Q3 2024 Earnings Call Transcript
SAP SE (NYSE:SAP ) Q3 2024 Earnings Conference Call October 21, 2024 5:00 PM ET Company Participants Alexandra Steiger - Global Head of Investor Relations Christian Klein - Chief Executive Officer Dominik Asam - Chief Financial Officer Conference Call Participants Michael Briest - UBS Limited Adam Wood - Morgan Stanley Frederic Boulan - Bank of America Jackson Ader - KeyBanc Capital Markets Mohammed Moawalla - Goldman Sachs Mark Moerdler - Bernstein Sven Merkt - Barclays Capital Toby Ogg - JPMorgan Operator Ladies and gentlemen, thank you for standing by. Welcome and thank you for joining the SAP Q3 2024 Earnings Conference Call.
seekingalpha.com
Read MoreInvestors Book Some Profits to Start a New Trading Week
Tech stocks led the way Monday, as the Nasdaq finished in the green while the others slipped into the red.
zacks.com
Read MoreSAP Stock Climbs On Raised 2024 Cloud, Software Outlook
SAP stock rose as the software maker reported Q3 profit above views and raised its 2024 outlook for cloud computing and software revenue.
investors.com
Read MoreSAP Announces Q3 2024 Results
Current cloud backlog of €15.4 billion, up 25% and up 29% at constant currencies Cloud revenue up 25% and up 27% at constant currencies Cloud ERP Suite revenue up 34% and up 36% at constant currencies Total revenue up 9% and up 10% at constant currencies IFRS cloud gross profit up 26%, non-IFRS cloud gross profit up 27% and up 28% at constant currencies IFRS operating profit up 29%, non-IFRS operating profit up 27% and up 28% at constant currencies SAP raises its 2024 outlook for cloud and software revenue, operating profit and free cash flow WALLDORF, Germany , Oct. 21, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) announced today its financial results for the third quarter ended September 30, 2024. Christian Klein, CEO: Q3 was another strong quarter for SAP, and we are confidently raising our 2024 financial outlook.
prnewswire.com
Read MoreIves: SAP will be a foundational player in the AI market.
Daniel Ives, Managing Director of Equity Research at Wedbush Securities, anticipates strong SAP growth in AI as 45% of workloads shift to the cloud, viewing SAP's earnings as a key indicator for Amazon and Google amid rising enterprise spending on AI.
youtube.com
Read MoreLevi & Korsinsky Reminds SAP SE Investors of the Ongoing Investigation into Potential Violations of Securities Laws - SAP
NEW YORK, NY / ACCESSWIRE / October 20, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of SAP SE - SAP
NEW YORK, NY / ACCESSWIRE / October 19, 2024 / Pomerantz LLP is investigating claims on behalf of investors of SAP SE ("SAP" or the "Company") (NYSE:SAP). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.
accesswire.com
Read MoreWhy SAP Might Surprise This Earnings Season
SAP is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
zacks.com
Read MoreSAP Gears Up for Q3 Earnings: Here's What You Should Know
SAP's third-quarter performance is expected to have been cushioned by steady momentum in cloud business amid prevailing global macroeconomic turbulence.
zacks.com
Read MoreSAP ALERT - Levi & Korsinsky Has Commenced an Investigation on Behalf of SAP SE Shareholders Who Lost Money
NEW YORK, NY / ACCESSWIRE / October 15, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreSAP SE Being Investigated on Behalf of SAP SE Investors. Contact Levi & Korsinsky For Details.
NEW YORK, NY / ACCESSWIRE / October 15, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreDeepak Kumar Honored with a 2024 Global Recognition Award for Leadership in SAP Architecture
Summary: Deepak Kumar, an accomplished IT Architect, has been awarded a 2024 Global Recognition Award for his leadership in SAP architecture. With over 18 years of experience, Kumar has led critical projects at Agilent Technologies, driving innovation in SAP cloud solutions and delivering impactful technological advancements.
newsfilecorp.com
Read MoreSAP SE Investigated by Shareholder Rights Advocates - Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - SAP
NEW YORK, NY / ACCESSWIRE / October 13, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreSAP SE Investigation Ongoing: Contact Levi & Korsinsky to Discuss Your Rights - SAP
NEW YORK, NY / ACCESSWIRE / October 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreLost Money on SAP SE (SAP)? Contact Levi & Korsinsky Regarding an Ongoing Investigation
NEW YORK, NY / ACCESSWIRE / October 11, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreBronstein, Gewirtz & Grossman, LLC Announces an Investigation Against SAP SE (SAP) and Encourages Shareholders to Learn More About the Investigation
NEW YORK, NY / ACCESSWIRE / October 11, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE ("SAP" or "the Company") (NYSE:SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP.
accesswire.com
Read MoreSAP SE (SAP) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation
NEW YORK, NY / ACCESSWIRE / October 10, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE ("SAP" or "the Company") (NYSE:SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP.
accesswire.com
Read MoreSAP SE INVESTIGATION: Levi & Korsinsky Investigates Potential Securities Fraud by SAP SE (SAP)
NEW YORK, NY / ACCESSWIRE / October 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreSAP INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into SAP SE and Encourages Investors to Contact the Firm
NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE (“SAP” or “the Company”) (NYSE: SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP.
globenewswire.com
Read MoreLevi & Korsinsky Investigates Possible Securities Fraud Violations by SAP SE (SAP)
NEW YORK, NY / ACCESSWIRE / October 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreSAP SE Investigation Ongoing: Contact Levi & Korsinsky About Potential Securities Fraud Allegations - SAP
NEW YORK, NY / ACCESSWIRE / October 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreBronstein, Gewirtz & Grossman, LLC Is Investigating SAP SE (SAP) And Encourages Investors to Connect
NEW YORK, NY / ACCESSWIRE / October 9, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE ("SAP" or "the Company") (NYSE:SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP.
accesswire.com
Read MoreMassive Potential: 3 Tech Stocks Positioned for Breakout Success
Investors may be worried about the future of the computer and technology sector, especially now that the former darling in the space, NVIDIA Co., is threatening to go into a correction in potentially the coming months. However, recent economic data suggests that there are other names in the space that are still worth taking another look into.
benzinga.com
Read MoreSAP Adds Capabilities to AI Copilot Joule
Enterprise application software firm SAP has added new capabilities to its AI copilot Joule. The new offerings, announced Tuesday (Oct. 8) at the company's annual SAP TechEd conference, include collaborative artificial intelligence (AI) agents “imbued with custom skills to complete complex cross-disciplinary tasks.
pymnts.com
Read MoreSAP SE Being Investigated on Behalf of SAP SE Investors. Contact Levi & Korsinsky For Details
NEW YORK, NY / ACCESSWIRE / October 8, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreBronstein, Gewirtz & Grossman, LLC Encourages SAP SE (SAP) Stockholders to Inquire about Securities Investigation
NEW YORK, NY / ACCESSWIRE / October 8, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE ("SAP" or "the Company") (NYSE:SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP.
accesswire.com
Read MoreMercury NZ Selects Rimini Street to Provide Support and Monitoring Services for its SAP Systems
LAS VEGAS--(BUSINESS WIRE)--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 an AWS partner, today announced that Mercury NZ has selected Rimini Support™ and Rimini Watch™ for SAP, as part of its strategic move to achieve cost efficiencies and retain stability of its core IT systems after its acquisition of the Trustpower retail business. Having achiev.
businesswire.com
Read MoreSAP Supercharges Copilot Joule with Collaborative Capabilities to Ignite Enterprise AI Revolution
Innovations at TechEd 2024 Showcase SAP's Vast Collection of Business AI Game-Changers, from Collaborative Agents to Knowledge Graph Capabilities and Generative AI Developer Features in SAP Build WALLDORF, Germany , Oct. 8, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) today unveiled groundbreaking AI innovations across a technology foundation that drives 87% of global commerce, putting its generative AI copilot Joule at the center of a new way of doing business. At its annual SAP TechEd conference, SAP announced powerful new capabilities that complement and extend Joule, including collaborative AI agents imbued with custom skills to complete complex cross-disciplinary tasks.
prnewswire.com
Read MoreSAP ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by SAP SE
NEW YORK, NY / ACCESSWIRE / October 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreSAP SE (SAP) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates
NEW YORK, NY / ACCESSWIRE / October 7, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreSAP SE (SAP) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation
NEW YORK, NY / ACCESSWIRE / October 7, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE ("SAP" or "the Company") (NYSE:SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP.
accesswire.com
Read MoreDid SAP SE Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - SAP
NEW YORK, NY / ACCESSWIRE / October 6, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreBronstein, Gewirtz & Grossman, LLC Announces an Investigation Against SAP SE (SAP) and Encourages Stockholders to Learn More About the Investigation
NEW YORK, NY / ACCESSWIRE / October 6, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE ("SAP" or "the Company") (NYSE:SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP.
accesswire.com
Read MoreSAP SE Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details- SAP
NEW YORK, NY / ACCESSWIRE / October 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreSAP Reportedly Faces Expanded DOJ Probe for Alleged Price Fixing
SAP SE SAP is facing an intensified investigation by U.S. prosecutors for possible price-fixing alongside Carahsoft Technology Corp. The investigation now includes their work with almost 100 government agencies, as revealed in a Bloomberg report.
zacks.com
Read MoreSAP Surges 15% in the Past Six Months: What Lies Ahead for the Stock?
SAP's performance is driven by strengthening cloud business. Global macroeconomic weakness and tough competition in the cloud space are concerns.
zacks.com
Read MoreGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of SAP SE (SAP) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of SAP SE (“SAP” or the “Company”) (NYSE: SAP) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your SAP investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your.
businesswire.com
Read MoreEuropean stocks slip as tech and auto sectors plunge, inflation data fuels rate cut hopes
European stock markets closed lower on Thursday, with the technology sector leading the decline, notably impacted by German software giant SAP. Investors were also digesting critical inflation data from the Eurozone and its major economies, sparking further concerns about economic stability.
invezz.com
Read MoreSAP Invests in Singapore to boost business AI adoption
SAP's Business Strategy
youtube.com
Read MoreINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of SAP SE (SAP) on Behalf of Investors
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of SAP SE (“SAP” or the “Company”) (NYSE: SAP) investors concerning the Company's possible violations of federal securities laws. On September 24, 2024, Bloomberg reported that the U.S. Department of Justice has been investigating SAP since 2022 “for potentially conspiring to overcharge government agencies,” specifically by “fix[ing] prices on sales to the US military and other parts of the gover.
businesswire.com
Read MoreThe Law Offices of Frank R. Cruz Announces Investigation of SAP SE (SAP) on Behalf of Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of SAP SE (“SAP” or the “Company”) (NYSE: SAP) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On September 24, 2024, Bloomberg reported that the U.S. Department of Justice has been investigating SAP since 2022 “for potentially conspiring to overcharge government agencies,” specifically.
businesswire.com
Read MoreLost Money on SAP SE(SAP)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / October 2, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreBronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against SAP SE (SAP) And Encourages Shareholders to Reach Out
NEW YORK CITY, NY / ACCESSWIRE / October 2, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE ("SAP" or "the Company") (NYSE:SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP.
accesswire.com
Read MoreSAP SE Investigated by Shareholder Rights Advocates – Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - SAP
NEW YORK, NY / ACCESSWIRE / October 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreResurgens Technology Partners Makes Investment in Avantra – Industry Leading AIOps Platform for SAP Operations
ATLANTA--(BUSINESS WIRE)--Resurgens Technology Partners (“RTP”), a private equity firm focused on investing in North American and European software companies, has announced its investment in Avantra, a European provider of software solutions for monitoring and automating SAP operations. This partnership positions Avantra to accelerate its growth, with RTP providing the resources and expertise needed to scale operations and further develop its cutting-edge AIOps platform for SAP. “As we continue.
businesswire.com
Read MoreSovos Launches Indirect Tax Suite for SAP, Enhances Clean Core Readiness
ATLANTA--(BUSINESS WIRE)--Sovos, the always-on tax compliance company, announced the availability of its Indirect Tax Suite for SAP, the first of its kind, an end-to-end solution for indirect tax determination, e-invoicing, filing, and reporting. The indirect tax solutions work with any kind of SAP environment – ECC and S/4HANA (on-premise, private/public cloud). The Indirect Tax Suite is also fully aligned with SAP's clean core strategy, ensuring businesses can maintain complete and continuous.
businesswire.com
Read MoreSAP, Ambipar Partner for Sustainability With Net Zero as a Service
SAP SE SAP has joined forces with Ambipar to launch Net Zero as a Service, aimed at addressing climate change. This initiative integrates SAP's powerful cloud solutions with Ambipar's extensive expertise in carbon credit generation and trading, helping customers effectively track and mitigate their carbon emissions.
zacks.com
Read MoreSAP SE (SAP) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 30, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE ("SAP" or "the Company") (NYSE:SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP.
accesswire.com
Read MoreNNIT A/S: ATP choses NNIT as new supplier of business-critical SAP system
As referred to in the Company Announcement 05/2024, Interim Financial Report Q2 2024 on August 26, NNIT was close to signing a large important strategic contract. NNIT has entered into a contract with ATP (Udbetaling Danmark) for the delivery of their critical SAP Debtor system. Udbetaling Danmark is the authority responsible for the collection, disbursement, and control of a number of public benefits. – e.g., state pension and housing benefits.
globenewswire.com
Read MoreLevi & Korsinsky Reminds Shareholders of an Investigation into SAP SE (SAP) Regarding Potential Securities Fraud Allegations
NEW YORK, NY / ACCESSWIRE / September 29, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreSAP SE (SAP) Investors with Losses are Urged to Contact Levi & Korsinsky to Discuss Their Rights
NEW YORK, NY / ACCESSWIRE / September 27, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of SAP SE ("SAP SE") (NYSE:SAP) concerning possible violations of federal securities laws. On September 25, 2024, Bloomberg News reported that the U.S. Department of Justice was investigating SAP and other companies for potentially conspiring to overcharge U.S. government agencies over the course of a decade, by "fix[ing] prices on sales to the U.S. military and other parts of the government".
accesswire.com
Read MoreBronstein, Gewirtz & Grossman, LLC Is Investigating SAP SE (SAP) And Encourages Stockholders to Connect
NEW YORK CITY, NY / ACCESSWIRE / September 27, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of SAP SE ("SAP" or "the Company") (NYSE:SAP). Investors who purchased SAP securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/SAP.
accesswire.com
Read MoreSAP Reportedly Under Investigation by DOJ for Price-Fixing, Stock Down
According to a Bloomberg report, SAP, along with Carahsoft, is being examined by the DOJ for colluding to overcharge government agencies.
zacks.com
Read MoreUS Probes SAP, Carahsoft for Potential Price-Fixing
German software developer SAP, product reseller Carahsoft, and other companies are being probed by US officials for potentially conspiring to overcharge government agencies over the course of a decade. Bloomberg's Jake Bleiberg joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
youtube.com
Read MoreSAP faces US probe over alleged price fixing
SAP shares fell in early trade on Wednesday following reports the German tech firm is being investigated for alleged price fixing for technology sold to the US government over the last decade. US regulators are investigating if SAP worked with its product reseller Carahsoft to fix prices.
proactiveinvestors.com
Read MoreAsam: I'm not aware of any criminal investigations into SAP at present, We're cooperating with DOJ
Dominik Asam, CFO at SAP, calls for balanced regulation in AI, privacy, and decarbonization, cautioning against over-regulation in Europe. He also addresses a U.S. investigation into SAP, stating that the company is fully cooperating with authorities.
youtube.com
Read MoreSAP Is Reportedly Under Investigation by DOJ for Price Fixing
U.S.-listed shares of German software maker SAP (SAP) lost ground in pre-market trading Wednesday following a report it is among a group of companies being investigated for potentially overcharging the U.S. government.
investopedia.com
Read MoreSAP Price Fixing Probe: Why Is Germany's Most Valuable Firm Being Investigated by DOJ?
Since at least 2022, US Justice Department lawyers have been looking at whether SAP - which makes accounting, human resources, supply chain and other business software used across the globe – illegally conspired with product reseller Carahsoft Technology to fix prices on sales to the US military and other parts of the government, according to federal court records filed in Baltimore. Karin Matussek explains how Bloomberg broke the news.
youtube.com
Read MoreSAP Stock Drops. Price-Fixing Probe Report Fuels the Selloff.
The Justice Department is investigating the German software developer, according to a report.
barrons.com
Read MoreSAP stock falls on report of U.S. probe
SAP shares slumped on Wednesday after a report it's the target of a probe into whether it and other companies overcharged U.S. government agencies.
marketwatch.com
Read MoreSAP Probed by US Officials Over Potential Price-Fixing
German software developer SAP, product reseller Carahsoft Technology and other companies are being probed by US officials for potentially conspiring to overcharge government agencies over the course of a decade. Bloomberg's Oliver Crook reports.
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Read MoreSAP Concludes Buyout of Israel-Based WalkMe for $1.5 Billion
SAP SE SAP has acquired WalkMe Ltd. for approximately $1.5 billion.
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Read MoreSAP Completes Acquisition of WalkMe
WALLDORF, Sept. 12, 2024 (GLOBE NEWSWIRE) -- SAP SE (NYSE: SAP) today announced it has successfully completed its acquisition of WalkMe Ltd., a leading digital adoption platform company listed on the Nasdaq Global Select Market (NASDAQ: WKME). WalkMe's innovative technology enables seamless workflow execution across business software applications, improving user experience and adoption and supporting business transformation. WalkeMeX's AI capabilities will supercharge SAP's copilot Joule with context-aware and proactive help across workflows, allowing users to become more productive.
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Read MoreFPT Software Recognized as a Major Player in the IDC MarketScape: Asia/Pacific SAP Implementation Services 2024 Vendor Assessment
HANOI, Vietnam--(BUSINESS WIRE)-- #FPT--FPT Software has been named a Major Player in the IDC MarketScape: Asia/Pacific SAP Implementation Services 2024 Vendor Assessment (Doc # AP51467624, August 2024). This regional IDC MarketScape report evaluates 18 service providers across Asia Pacific in the SAP implementation services sector. The assessment, based on a comprehensive framework, analyzes each vendor's SAP implementation offerings, their adoption of SAP solutions, and the effectiveness of their re.
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Read MoreSAP Stock Surges 37% Year to Date: Will the Rally Continue?
SAP's performance is driven by strengthening cloud business. Global macroeconomic weakness and tough competition in the cloud space are concerns.
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