SAP CEO Says Client ‘Transformation' Will Spur Growth Until 2030
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SAP SE Chief Executive Officer Christian Klein said the company will maintain growth after most of its customers have moved their software to the cloud by offering clients additional insights and data analysis.
The transfer to the cloud has fueled revenue growth, propeling SAP to become Europe's largest company. The German company has given customers until 2027 to move locally hosted software, including systems running HR, finance, sales and supply chains, to the cloud.
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Factbox-Key elements of EU-U.S. trade deal agreed on Sunday
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Yahoo
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Analysis-Out-gunned Europe accepts least-worst US trade deal
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Bloomberg
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Toyota's Internal Inertia Stifles Digital Transformation Effort
Inside Toyota Motor Corp., a group of employees are worried about the company's future in an era when a car's software matters just as much as its sheet metal. The world's biggest automaker is known for churning out reliable cars like clockwork, but it's been struggling to keep up with Elon Musk's Tesla Inc., China's BYD Co. and other frontrunners in the industry's shift toward electric vehicles with sophisticated software.
