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Fly News Breaks for March 5, 2018
SAP
Mar 5, 2018 | 08:43 EDT
RBC Capital analyst Ross MacMillan lowered his price target on SAP to $115 ahead of the company's Capital Markets Day to reflect the underperformance in the stock price. The analyst says he will look for signals around accelerating adoption in S/4H platforms, sustainable organic cloud growth, and a path toward the management's margin goals. MacMillan keeps his Sector Perform rating on SAP, stating while the current share price reflects a balance in risk-reward, he views the company's fundamentals around the S/4 product cycle and LoB cloud apps positively.
News For SAP From the Last 2 Days
SAP
Sep 24, 2018 | 11:09 EDT
The CEOs of Adobe (ADBE), Microsoft (MSFT) and SAP (SAP) introduced the Open Data Initiative at the Microsoft Ignite conference earlier, stating that they are "joining forces to empower their mutual customers" with a common approach and set of resources for customers based on three guiding principles: Every organization owns and maintains complete, direct control of all their data; Customers can enable AI-driven business processes to derive insights and intelligence from unified behavioral and operational data; A broad partner ecosystem should be able to easily leverage an open and extensible data model to extend the solution. "Together with Adobe and SAP we are taking a first, critical step to helping companies achieve a level of customer and business understanding that has never before been possible. Organizations everywhere have a massive opportunity to build AI-powered digital feedback loops for predictive power, automated workflows and, ultimately, improved business outcomes," said Satya Nadella, CEO of Microsoft. To deliver on the Open Data Initiative, the three partners are enhancing interoperability and data exchange between their applications and platforms - Adobe Experience Cloud and Adobe Experience Platform, Microsoft Dynamics 365, SAP C/4HANA and S/4HANA - through a common data model. The data model will provide for the use of a common data lake service on Microsoft Azure. This unified data store will allow customers their choice of development tools and applications to build and deploy services.
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