Software // Enterprise Applications
12:50 PM
Connect Directly

SAP Doubles Down On Cloud Computing

SAP accelerates its transition to cloud services, raising subscription revenue forecasts and rolling back profit expectations as it invests in cloud growth.

SAP Co-CEO Bill McDermott
SAP Co-CEO Bill McDermott

Comment  | 
Print  | 
Oldest First  |  Newest First  |  Threaded View
D. Henschen
D. Henschen,
User Rank: Author
1/21/2014 | 1:40:22 PM
Changes At The Top?
There's a new guy in charge at SAP, but you might recognize him as Bill McDermott. Tuesday's conference call seemed like a send-off for co-CEO Jim Hagemann-Snabe as McDermott congratulated him on 20 years of service and gave him a big hug. JHS won't be joining the company's Supervisory Board until May, but McDermott's well wishes seemed like a goodbye. Snabe will still be co-CEO, technically, during the next quarterly conference call in April, but company sources couldn't say whether he will be on that call.

Then there's the matter of McDermott himself. Is it me, or did he look different? Was it the hair? It's usually perfect, but it looked a little tousled on today's call. Maybe it's the weight of responsiblity now that he's soon to be the sole CEO.
User Rank: Author
1/21/2014 | 1:53:22 PM
Re: Changes At The Top?
I interviewed Oracle co-president Mark Hurd on Thursday, and he had a similar message about the cloud: We're all-in. It's absolutely the future of Oracle applications. No hedging. I'll be writing about that interview with Hurd later in the week.
Building A Mobile Business Mindset
Building A Mobile Business Mindset
Among 688 respondents, 46% have deployed mobile apps, with an additional 24% planning to in the next year. Soon all apps will look like mobile apps and it's past time for those with no plans to get cracking.
Register for InformationWeek Newsletters
White Papers
Current Issue
Increasing IT Agility and Speed To Drive Business Growth
Learn about the steps you'll need to take to transform your IT operation and culture into an agile organization that supports business-driving initiatives.
Twitter Feed
InformationWeek Radio
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.