Report
Nicolas David

SAP : Hasso Plattner turns the page on the McDermott era

>Shedding light on the recent managerial changes - In a lengthy interview with German daily Handelsblatt (link, in German), Hasso Plattner, founder and president of SAP, discussed the reasons for the numerous managerial changes that took place in 2019 and 2020. Bill McDermott left for ServiceNow because the offer was tempting and the environment less complex than at SAP, where he had to manage tricky German-US relations (and the relationship with Hasso Plattner was no...
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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