Services sector gets SAP boost
SAP has pledged $12.25 million over seven years in funding, technology equipment and infrastructure to a local research initiative.
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- SAP Buys OutlookSoft to Boost CPM Credentials SAP announced late on Tuesday its intent to buy privately-held OutlookSoft, continuing a streak of consolidation activity in the performance management sector and its ongoing duel with business applications rival Oracle.
- Ciber Names VP of US SAP Public-Sector Division Systems integrator Ciber has announced the appointment of Tom Augustine as vice president of its US SAP Public Sector Practice.
- SAP Looks to SunGard for Banking Boost SAP has announced a collaboration effort with banking software and services supplier SunGard, as part of an ambitious goal to become the third largest provider of banking systems within the next five years.
- Oracle Creates Financial Services Business Unit Oracle has raised the stakes in its competition with SAP over the financial services market with the announcement that it has created a global business unit for the sector and indications that further acquisitions are on the way.