Qualtrics CEO Ryan Smith is buying majority stake in the Utah Jazz for $1.6B

The Utah Jazz, an NBA basketball team based in Salt Lake City, announced today that Qualitrics CEO and co-founder Ryan Smith was buying a majority stake in the team along other properties. ESPN is reporting the deal is worth $1.6 billion. Smith can afford it. He sold Qualtrics, which is based in Provo, Utah, in […] Continue reading Qualtrics CEO Ryan Smith is buying majority stake in the Utah Jazz for $1.6B

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

Clients across industries choosing to run their SAP software workloads on IBM Cloud

IBM announced new services, partnerships and capabilities designed to help clients accelerate their hybrid cloud journeys and deploy and run SAP software workloads wherever they choose – from the IBM public cloud to on-premises. These new offerings exp… Continue reading Clients across industries choosing to run their SAP software workloads on IBM Cloud

SAP continues to build out customer experience business with Emarsys acquisition

SAP seemed to be all in on customer experience when it acquired Qualtrics for $8 billion in 2018. It continued on that journey today when it announced it was acquiring Austrian cloud marketing company Emarsys for an undisclosed amount of money. Emarsys, which raised over $55 million, according to PitchBook data, gives SAP customer personalization […] Continue reading SAP continues to build out customer experience business with Emarsys acquisition

ServiceNow updates its workflow automation platform

ServiceNow today announced the latest release of its workflow automation platform. With this, the company is emphasizing a number of new solutions for specific verticals, including for telcos and financial services organizations. This focus on verticals extends the company’s previous efforts to branch out beyond the core IT management capabilities that defined its business during […] Continue reading ServiceNow updates its workflow automation platform

September 2020 Patch Tuesday: Microsoft fixes over 110 CVEs again

On this September 2020 Patch Tuesday: Microsoft has plugged 129 security holes, including a critical RCE flaw that could be triggered by sending a specially crafted email to an affected Exchange Server installation Adobe has delivered security updates … Continue reading September 2020 Patch Tuesday: Microsoft fixes over 110 CVEs again

Intel, SAP, and Citrix release critical security updates

August 2020 Patch Tuesday was expectedly observed by Microsoft and Adobe, but many other software firms decided to push out security updates as well. Apple released iCloud for Windows updates and Google pushed out fixes to Chrome. They were followed by… Continue reading Intel, SAP, and Citrix release critical security updates

HPE and SAP partner to deliver SAP HANA Enterprise Cloud with HPE GreenLake

HPE announced plans to partner with SAP to deliver the customer edition of SAP HANA Enterprise Cloud with HPE GreenLake, as a fully managed service at the edge, in the customer’s data center or colocation facility of their choice. Customers will be abl… Continue reading HPE and SAP partner to deliver SAP HANA Enterprise Cloud with HPE GreenLake

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