SAP

Syniti Starts 2024 with a Bang: Data First Strategy, AI and Turnaround Projects Deliver Record Revenue

Retrieved on: 
Tuesday, April 23, 2024
Erg, Organization, Organon, ARR, Woman, AI, Research, Conference, Growth, Women's History Month, HFS, Engineering, Data, Trust, Data management, SAP, Black History Month, Informal economy, Video game

BOSTON, April 23, 2024 /PRNewswire/ -- Syniti, a global leader in enterprise data management, today announced record-breaking first quarter 2024 results, setting the stage for a strong year. The company reports its highest revenue in company history as customers continue to turn to Syniti and its Data First strategy to drive greater success in their critical business transformation projects. The company also saw significant increases in both software revenue and annual recurring revenue (ARR) when compared to the first quarter of 2023. Services bookings were the highest recorded first quarter bookings ever, up 65% over Q1 2023.

Key Points: 
  • The company reports its highest revenue in company history as customers continue to turn to Syniti and its Data First strategy to drive greater success in their critical business transformation projects.
  • The company also saw significant increases in both software revenue and annual recurring revenue (ARR) when compared to the first quarter of 2023.
  • Whether organizations are modernizing systems or trying to make the most of AI, they must start with clean, quality data to achieve their desired goals.
  • Syniti's Data First approach prioritizes data quality before the project begins, converging its technology, business data expertise and methodology for greater understanding of data in context and faster time to value.

SAP Announces Q1 2024 Results

Retrieved on: 
Monday, April 22, 2024
Cloud, AI, HR, Partnership, Infrastructure as a service, Unico, Growth, LyondellBasell, Vaillant Group, Commerce, NVIDIA, Annual report, SAP, Sumitomo Heavy Industries, ZF Friedrichshafen, Tax, Public Power Corporation, The Blind, Visa, Platform as a service, ERP, MTN, House, Dell, Supervisory board, Aldo Group, Moody's Investors Service, Teleology, Sky, Curtiss-Wright, Coca-Cola Europacific Partners, Software as a service, APJ, Platform, Share repurchase, AGM, Cintas

IFRS operating profit in the first quarter was impacted by a €2.2 billion restructuring provision associated with the 2024 transformation program.

Key Points: 
  • IFRS operating profit in the first quarter was impacted by a €2.2 billion restructuring provision associated with the 2024 transformation program.
  • As of March 31, 2024, SAP had repurchased 10,024,841 shares at an average price of €137.62 resulting in payouts of approximately €1.38 billion under the program.
  • In 2024, SAP is further increasing its focus on key strategic growth areas, in particular business AI.
  • Reflecting re-investments into strategic growth areas, SAP expects to exit 2024 at a headcount similar to year-end 2023.

EY ANNOUNCES LANZAJET CEO JIMMY SAMARTZIS AS ENTREPRENEUR OF THE YEAR® 2024 MIDWEST AWARD FINALIST

Retrieved on: 
Monday, April 22, 2024
Courage, LLP, Woman, EY, Carbon, Ewing Kauffman, ADP, Marsh McLennan, Platinum, Gold, PNC Financial Services, SAF, Ethanol, Ernst & Young, SAP, Growth, Becker

CHICAGO, April 22, 2024 /PRNewswire/ -- Ernst & Young LLP (EY US) has announced LanzaJet CEO Jimmy Samartzis as an Entrepreneur Of The Year® 2024 Midwest Award finalist. The Midwest program celebrates entrepreneurs from Illinois, Indiana, and Wisconsin.

Key Points: 
  • CHICAGO, April 22, 2024 /PRNewswire/ -- Ernst & Young LLP (EY US) has announced LanzaJet CEO Jimmy Samartzis as an Entrepreneur Of The Year® 2024 Midwest Award finalist.
  • Ernst & Young has announced LanzaJet Jimmy Samartzis as an Entrepreneur Of The Year® 2024 Midwest Award finalist.
  • "For nearly four decades, this program has celebrated transformative leaders who are not afraid to disrupt industries and pave new paths," said LanzaJet CEO Jimmy Samartzis.
  • In the Midwest, sponsors also include regional Platinum sponsor LaSalle Network, regional Gold sponsor Becker, and regional Silver sponsor ADP.

HR Path Acquires GroupeX, leading HCM provider in North America

Retrieved on: 
Monday, April 22, 2024
SAP, Human resource management, HR, Human resources, HRIS, Acquisition, UKG, Industrial design

PARIS, April 22, 2024 /PRNewswire/ -- The HR Path Group (HR Path) today announced its latest acquisition, GroupeX Solutions (GroupeX) based in Toronto, Canada.

Key Points: 
  • PARIS, April 22, 2024 /PRNewswire/ -- The HR Path Group (HR Path) today announced its latest acquisition, GroupeX Solutions (GroupeX) based in Toronto, Canada.
  • The value of this acquisition is one of the largest that will grow HR Path's presence in North America but, also expand and enrich HR Path's strong HRIS consulting practice.
  • François Boulet, President, HR Path, said, "As a strategic market for HR Path, North America has been pivotal to our global expansion.
  • Theo Smith, Co-CEO & Founder, GroupeX, said, "We're extremely excited to unite with HR Path, as our shared values and vision for reshaping the Global HR landscape align perfectly.

HR Path Acquires GroupeX, leading HCM provider in North America

Retrieved on: 
Monday, April 22, 2024
SAP, Human resource management, HR, Human resources, HRIS, Acquisition, UKG, Industrial design

PARIS, April 22, 2024 /PRNewswire/ -- The HR Path Group (HR Path) today announced its latest acquisition, GroupeX Solutions (GroupeX) based in Toronto, Canada.

Key Points: 
  • PARIS, April 22, 2024 /PRNewswire/ -- The HR Path Group (HR Path) today announced its latest acquisition, GroupeX Solutions (GroupeX) based in Toronto, Canada.
  • The value of this acquisition is one of the largest that will grow HR Path's presence in North America but, also expand and enrich HR Path's strong HRIS consulting practice.
  • François Boulet, President, HR Path, said, "As a strategic market for HR Path, North America has been pivotal to our global expansion.
  • Theo Smith, Co-CEO & Founder, GroupeX, said, "We're extremely excited to unite with HR Path, as our shared values and vision for reshaping the Global HR landscape align perfectly.

'SAP Signavio' is positioned as a Leader in the 2024 SPARK MatrixTM for Digital Twin of an Organization by Quadrant Knowledge Solutions

Retrieved on: 
Monday, April 22, 2024
Knowledge, SPARK, Organization, Knowledge management, Map, Machine learning, Automation, Quadrant, Digital twin, Creativity, SAP, Architecture, Sales

The Quadrant Knowledge Solutions' SPARK Matrix™: Digital Twin of an Organization (DTO) includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning.

Key Points: 
  • The Quadrant Knowledge Solutions' SPARK Matrix™: Digital Twin of an Organization (DTO) includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning.
  • The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK MatrixTM.
  • According to Sofia Ali, Associate Director and Principal Analyst at Quadrant Knowledge Solutions, "SAP's integration of SAP Signavio and LeanIX into its Digital Twin of an Organization (DTO) platform enables organizations to achieve digital transformation seamlessly.
  • Quadrant Knowledge Solutions defines Digital Twin of an Organization (DTO) solutions as the virtual representation of an organizational process, system, people, applications, domains, services, and business & operating model.

'SAP Signavio' is positioned as a Leader in the 2024 SPARK MatrixTM for Digital Twin of an Organization by Quadrant Knowledge Solutions

Retrieved on: 
Monday, April 22, 2024
Knowledge, SPARK, Organization, Knowledge management, Map, Machine learning, Automation, Quadrant, Digital twin, Creativity, SAP, Architecture, Sales

The Quadrant Knowledge Solutions' SPARK Matrix™: Digital Twin of an Organization (DTO) includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning.

Key Points: 
  • The Quadrant Knowledge Solutions' SPARK Matrix™: Digital Twin of an Organization (DTO) includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning.
  • The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK MatrixTM.
  • According to Sofia Ali, Associate Director and Principal Analyst at Quadrant Knowledge Solutions, "SAP's integration of SAP Signavio and LeanIX into its Digital Twin of an Organization (DTO) platform enables organizations to achieve digital transformation seamlessly.
  • Quadrant Knowledge Solutions defines Digital Twin of an Organization (DTO) solutions as the virtual representation of an organizational process, system, people, applications, domains, services, and business & operating model.

SAP Unveils AI-Driven Supply-Chain Innovations to Transform Manufacturing

Retrieved on: 
Monday, April 22, 2024
Accuracy and precision, AI, Joule, SMA Solar Technology, Intelligence, Software, Automation, Anomaly, Software AG, IDC, SAP, Growth, Importance

"Businesses today are confronted with challenges ranging from supply chain disruptions and labor shortages to geopolitical uncertainties," said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product Engineering.

Key Points: 
  • "Businesses today are confronted with challenges ranging from supply chain disruptions and labor shortages to geopolitical uncertainties," said Muhammad Alam, member of the Executive Board of SAP SE, SAP Product Engineering.
  • "SAP recognizes the imperative for agility and intelligence, driving innovation with AI-powered solutions to streamline supply chain and manufacturing processes.
  • "SMA Solar modernizes its manufacturing execution systems to support sustainable, risk-resilient manufacturing operations with the power of AI-enabled visual inspection in the SAP Digital Manufacturing solution," said Heiko Kehm, SMA Solar head of IT Order to Cash.
  • *IDC InfoBrief, sponsored by SAP, The Importance of AI in Supply Chain and Operations, document #US52042224, April 2024.

Risk Analytics Market worth $180.9 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, April 19, 2024
Cloud, Internet of things, Investment, AI, Moody's Analytics, Intelligence, Risk management, Patient safety, SAS Institute, OneTrust, GRC, Strategic planning, Fraud, IBM, Software, SAS, FIS, Public sector, ServiceNow, Complexity, Safety, Artificial intelligence, FIS (company), Automation, Data management, Health, Drug development, Government, Risk assessment, Organization, SAP, Big data, Analytics, Policy, Health care, Carahsoft, Crisp, Patient, Anomaly, Growth, Compound annual growth rate, Approximation error

As businesses prioritize agility, the growth of services in the Risk Analytics Market is driven by the need for effective risk management strategies in an increasingly complex and uncertain business environment.

Key Points: 
  • As businesses prioritize agility, the growth of services in the Risk Analytics Market is driven by the need for effective risk management strategies in an increasingly complex and uncertain business environment.
  • Through features such as risk assessment, risk monitoring, and reporting, organizations can identify and prioritize risks more effectively, enabling proactive risk management strategies.
  • The Healthcare and Lifesciences is experiencing a surge in the adoption of risk analytics due to a confluence of factors.
  • The Asia-Pacific (APAC) region is experiencing rapid growth in the Risk Analytics Market, boasting the highest Compound Annual Growth Rate (CAGR).

Risk Analytics Market worth $180.9 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, April 19, 2024
Cloud, Internet of things, Investment, AI, Moody's Analytics, Intelligence, Risk management, Patient safety, SAS Institute, OneTrust, GRC, Strategic planning, Fraud, IBM, Software, SAS, FIS, Public sector, ServiceNow, Complexity, Safety, Artificial intelligence, FIS (company), Automation, Data management, Health, Drug development, Government, Risk assessment, Organization, SAP, Big data, Analytics, Policy, Health care, Carahsoft, Crisp, Patient, Anomaly, Growth, Compound annual growth rate, Approximation error

As businesses prioritize agility, the growth of services in the Risk Analytics Market is driven by the need for effective risk management strategies in an increasingly complex and uncertain business environment.

Key Points: 
  • As businesses prioritize agility, the growth of services in the Risk Analytics Market is driven by the need for effective risk management strategies in an increasingly complex and uncertain business environment.
  • Through features such as risk assessment, risk monitoring, and reporting, organizations can identify and prioritize risks more effectively, enabling proactive risk management strategies.
  • The Healthcare and Lifesciences is experiencing a surge in the adoption of risk analytics due to a confluence of factors.
  • The Asia-Pacific (APAC) region is experiencing rapid growth in the Risk Analytics Market, boasting the highest Compound Annual Growth Rate (CAGR).