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SAP profits up 23 percent as cloud computing grows

Business management software company SAP AG says net profit rose 23 percent in the third quarter as its cloud computing business grew rapidly and the company kept down costs by holding down hiring of new employees.

Oct 21, 2013
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Siemens appoints board replacement for Ackermann

German engineering company Siemens is appointing the co-CEO of business software maker SAP to its board of directors to replace Josef Ackermann, who resigned in the wake of the board's decision to push out chief executive ...

Sep 18, 2013
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Berlin company counts on the autistic

When German software giant SAP said last month it plans to employ hundreds of autistic people as IT experts, the news was welcomed especially at a small Berlin computer consulting firm.

Jun 02, 2013
4.8 / 5 (6) 0

A look back at some major CEO flameouts

Ron Johnson's short-lived tenure as J.C. Penney's CEO will go down as one of the biggest flameouts in corporate America. The former Apple executive was hailed as a big thinker when he was hired by the ailing ...

Apr 09, 2013
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EU looks to hi-tech sector for jobs

Even with unemployment at record highs, there are hundreds of thousands of jobs available in information technology that governments and companies must work together to fill, the European Commission said ...

Mar 04, 2013
5 / 5 (1) 0

SAP reports sales records in 2012

German software giant SAP said on Tuesday it achieved record sales last year, beating its full-year forecasts, even though acquisition costs hit earnings.

Jan 15, 2013
4 / 5 (1) 0