Report
Gregory Ramirez

SAP This is just the beginning…

S/4HANA is ready for adoption on a larger scale. SAP S/4HANA involves the replacement of 30,000+ SAP ERP installations by 2025. Of the c. 10,900 S/4HANA customers, less than 3,000 are “live”. In order to reach our 8-10% lfl revenue growth scenario for 2018-2023, SAP has to accelerate S/4HANA signings. Our feedback from large systems integrators comforts our optimism for reaching the deadline. We perceive improvement in the way customers see the migration, which makes us think acceleration is on the cards.
Underlyings
Resapp Health

ResApp Health is engaged in developing, manufacturing and marketing health related diagnostics and developing Co.'s intellectual property. Through its subsidiary, Co. is engaged in manufacturing and selling test kit for monitoring HIV viral load and the response of HIV infection to drug therapies (HIV viral load assays and HIV drug resistance assays).

SAP SE

SAP is engaged in selling licenses for software solutions and related support services. Co. derives its revenue from fees charged to its customers for the use of its cloud solutions and for licensing of on-premise software products and solutions. Additional sources of revenue are support, professional services, development, training, and other services. Co. has more than 300,000 customers in over 180 countries. Co.'s SAP HANA platform holds the ability to simplify both the user experience and the overall IT landscape, creating a smaller data footprint, increased system throughput, and easier data processing and operation.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Gregory Ramirez

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