SAP shares fall sharply after COVID-19 cuts revenue, profit forecast at software giant

SAP announced its Q3 earnings yesterday, with its aggregate results down across the board. And after missing earnings expectations, the company also revised its 2021 outlook down. The combined bad news spooked investors, crashing its shares by over 20% in pre-market trading and the stock wasn’t showing any signs of improving in early trading. The […] Continue reading SAP shares fall sharply after COVID-19 cuts revenue, profit forecast at software giant

SAP decision to spin out Qualtrics 20 months after spending $8B surprises industry watchers

When SAP announced it was spinning out Qualtrics on Sunday, a company it bought less than two years ago for an eye-popping $8 billion, it was enough to make your head spin. At the time, then CEO Bill McDermott saw it as a way to bridge the company’s core operational with customer data, while acquiring […] Continue reading SAP decision to spin out Qualtrics 20 months after spending $8B surprises industry watchers

Recurrency is taking on giants like SAP with a modern twist on ERP

Recurrency, a member of the Summer 2020 Y Combinator cohort, was started by a 21 year old just out of college. He decided to take on a highly established market that is led by giants like SAP, Infor, Oracle and Microsoft, but instead of taking a highly complex area of enterprise software in one big […] Continue reading Recurrency is taking on giants like SAP with a modern twist on ERP

Koch Industries closes nearly $13B Infor acquisition

Koch Industries announced today that it has closed on the acquisition of Infor, announced in February. The company never officially announced the purchase price, but sources indicated that it was close to $13 billion, putting it in line to be one of the top 10 enterprise acquisitions this year. The company will remain an independent subsidiary […] Continue reading Koch Industries closes nearly $13B Infor acquisition

Microsoft Dynamics 365 update is focused on harnessing data

Microsoft announced a major update to its Dynamics 365 product line today, which correlates to the growing amount of data in the enterprise, and how to collect and understand that data to produce better customer experiences. This is, in fact, the goal of all vendors in this space including Salesforce and Adobe, who are also […] Continue reading Microsoft Dynamics 365 update is focused on harnessing data

Koch Industries acquires Infor in deal pegged at nearly $13B

Infor announced today that Koch Industries has bought the company in a deal sources peg at close to $13 billion. Infor, which makes large-scale cloud ERP software, has been around since 2002 and counts Koch as both a customer and an investor, so the deal makes sense on that level. Koch was lead investor last […] Continue reading Koch Industries acquires Infor in deal pegged at nearly $13B

Infor lands $1.5 billion investment ahead of possible IPO

Infor, a NYC-based enterprise software company, announced a massive $1.5 billion investment today that could be the precursor to an IPO down the road. One analyst is estimating that the valuation could be at least $60 billion. The investment is being led by Koch Industries’ investment arm, Koch Equity Development, and Golden Gate Capital. Today’s […] Continue reading Infor lands $1.5 billion investment ahead of possible IPO

Aleksei Tiurin, Acunetix – Paul’s Security Weekly #581

Aleksei Tiurin is the Senior Security Researcher for Acunetix. Aleksei is giving a technical segment on insecure deserialization in Java/JVM and explains what polymorphism is. Aleksei Tiurin is a security researcher and pentester with over 8 years of e… Continue reading Aleksei Tiurin, Acunetix – Paul’s Security Weekly #581