Report
Nicolas David

SAP : Unexpected departure of the head of the Cloud Business Group, a key figure at SAP

>Unexpected departure of Rob Enslin, the head of the Cloud Business Group - On Friday after market close, SAP announced the departure of Rob Enslin, head of the Cloud Business Group and a member of the executive committee, who has chosen to leave the group. He was in overall charge of the Cloud applications acquired by SAP over recent years, amongst which Concur, Ariba, Succesfactors and the Customer Experience / CRM Cloud suite (Hybris, Callidus and Qualtrics). These...
Underlying
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
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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