As SAP’s concentration of cloud customers increases, the mix shift toward higher-margin cloud and software revenue should lead to expansion in SAP’s margins. We expect IFRS gross margins to expand to ...

The company’s bottom line benefits from its customers’ shift to the cloud, where it has been able to pitch its growing range ...

EDT SAP (SAP) reports Q3 cloud revenue EUR 4.35B vs. EUR 3.47B last year Published first on TheFly – the ultimate source for ...

For 2024, SAP (SAP) is updating its cloud and software revenue, operating profit and free cash flow outlook and now expects: EUR 29.5 – ...

Today, at IBM (NYSE: IBM) announced the release of what it said is its most advanced family of AI models, Granite 3.0. The ...

SAP stock rose as the software maker reported Q3 profit above views and raised its 2024 outlook for cloud computing and software revenue.

SAP posted higher revenue and profit in the third quarter boosted by artificial-intelligence demand, and raised its full-year outlook.

Current cloud backlog of €15.4 billion, up 25% and up 29% at constant currencies Cloud revenue up 25% and up 27% at constant ...

New Granite Guardian 3.0 models deliver IBM’s most comprehensive guardrail capabilities to advance safe and trustworthy AI ...

IBM AI announcements at TechXchange 2024 include Watsonx upgrades, Granite 3.0 models unveiled, Consulting Advantage ...

The benefits of adopting an ERP system in the supply chain include: Improved efficiency: Automating and integrating core ...

Leading low-code, SAP-centric app development platform vendor Neptune Software is set to host a webinar on clean core on Wednesday, October 23, at 11 a.m. CST. The webinar, "The Hidden Cost of Legacy ...