FlowBank

1176 days ago • Posted by William Ramstein

SAP can still turn its 1% market share around

SAP is one of the smaller players in the enterprise software cloud space (where Amazon sees 33% market share). SAP recently announced a partnership with Microsoft--Teams will now be integrated into the SAP platform. SAP enables companies to access all their data in one platform, may it be managing inventory, bookkeeping, or logistics and hiring. Recent lower cloud revenues are however a problem the company faces. SAP offers its own cloud service, known as S/4Hana, but customers have been slow to shift apps online, in part because their IT systems have grown increasingly complex over time. Source: WSJ

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