Latest news with #BusinessDataCloud
Yahoo
4 days ago
- Business
- Yahoo
BMO Capital Raises SAP SE (SAP) PT to $330
On May 23, BMO Capital Markets upped the price objective on SAP SE (NYSE:SAP)'s stock to $330 from $320 and kept an 'Outperform' rating. The firm has expressed optimism about the customer and partner interest in BDC (Business Data Cloud). Furthermore, the management has reiterated views on longer-term revenue growth potential, which can reach mid-teens. A data centre room with cloud technology, illustrating the enterprise application software services. On February 13, SAP SE (NYSE:SAP) announced SAP Business Data Cloud, a solution unifying SAP and third-party data throughout an organization. It offers a trusted data foundation that organizations require to make more impactful decisions and foster reliable AI. For FY 2025, SAP SE (NYSE:SAP) currently expects €21.6 billion – €21.9 billion of cloud revenue at constant currencies, reflecting a rise of 26% - 28%. It expects €33.1 – €33.6 billion of cloud and software revenue at constant currencies, implying 11% - 13% growth. SAP SE (NYSE:SAP)'s Q1 2025 demonstrates a strong start to the year amidst a highly volatile environment, with healthy total revenue growth and operating profit expansion. The company's total revenue (IFRS) rose 12% to €9,013 million. These results exhibit its cost discipline and focused execution. While we acknowledge the potential of SAP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SAP and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None. Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Salesforce reinforces its AI cloud with $8B Informatica acquisition
This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. Salesforce agreed to purchase Informatica for approximately $8 billion Tuesday in a move designed to strengthen its cloud-based data and AI capabilities. 'Together, Salesforce and Informatica will create the most complete, agent-ready data platform in the industry,' Salesforce Chair and CEO Marc Benioff said in the announcement. The CRM provider will integrate Informatica's data governance and management services with its Data Cloud warehouse, MuleSoft hybrid interface and Tableau analytics platforms to build out its Agentforce enterprise AI automation hub, the company said. 'This proposed acquisition will be a key enabler for Salesforce's next phase of AI-driven growth — and we will move quickly to integrate their capabilities and unlock synergies on a fast timeline,' said Robin Washington, president and chief operating and financial officer at Salesforce. The transaction has approval from both companies' boards and is expected to close early in Salesforce's fiscal year 2027, which begins in February. As the agent deployment race heats up, major enterprise software providers are reinforcing their data foundations to provide autonomous AI tools with fuel for insights and action. The Informatica acquisition follows a flurry of agentic-related moves in the industry. SAP forged a data pipeline alliance with Databricks in February to amplify its Joule copilot's agentic capabilities. The enterprise software giant's Business Data Cloud platform connects ERP data with outside data repositories to put additional muscle behind machine learning, AI and agentic applications. In January, ServiceNow rolled out its AI Agent Orchestrator command center and promised to deliver thousands of pre-built agentic tools to its platform. The enterprise software company added the agent-focused Workflow Data Network multiplatform integration to its suite and purchased data governance and management start-up for an undisclosed sum in early May. 'ServiceNow is working with some of the largest companies in the world to eliminate data silos head‑on, enabling enterprises to accelerate AI adoption at scale,' said Gaurav Rewari, SVP and general manager of data and analytics products at ServiceNow, in the May announcement. Salesforce has already seen returns on its investements in agentic capabilities. After reporting 120% year-over-year revenue growth for its Data Cloud and AI segment, Benioff dubbed the three-month period ending on Jan. 31 as 'the quarter of Agentforce' during a February earnings call. Earlier this month, the company expanded its army of agent-focused AI models and added automation software startup to its growing M&A portfolio. While the terms of the deal were undisclosed, Salesforce is no stranger to multibillion-dollar acquisitions. The Informatica deal is dwarfed by two prior Salesforce acquisitions — nearly $28 billion for Slack in 2020 and almost $16 billion for Tableau in 2019. The company purchased MuleSoft for $6.5 billion in 2018.
Yahoo
4 days ago
- Business
- Yahoo
SAP SE (SAP)'s Strategic Pivot Drives Optimism – JPMorgan Reaffirms Overweight Rating
We recently published a list of . In this article, we are going to take a look at where SAP SE (NYSE:SAP) stands against other AI stocks on Wall Street's radar. SAP SE (NYSE:SAP) is a leader in ERP software that leverages artificial intelligence to enhance its enterprise resource planning (ERP) solutions. On May 23, JPMorgan analyst Toby Ogg reiterated an 'Overweight' rating and EUR290.00 price target on the stock. The reiteration follows SAP's Sapphire Conference in Orlando, where the company demonstrated a strategic pivot, focusing on suite-as-a-service applications, its Business Data Cloud, and artificial intelligence initiatives such as Joule & AI Agents. Ogg also pointed toward early interest in SAP's Business Data Cloud. Moreover, discussions with key SAP partners revealed eagerness for the company's integration with Databricks, a partnership that allows companies to prepare enterprise data for AI capabilities. The firm believes that these initiatives are seen as growth drivers and aren't fully reflected in consensus views, offering potential upside. A data centre room with cloud technology, illustrating the enterprise application software services. SAP's CFO, Dominik Asam, talked about some challenges impacting cash conversion in 2026, but at the same time, also noted the sustainability of SAP's growth. Overall, the firm holds a positive view about the company's revenue growth through 2027. This supports a mid-term investment case for the stock. Overall, SAP ranks 10th on our list of AI stocks on Wall Street's radar. While we acknowledge the potential of SAP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SAP and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
BMO Capital Raises SAP SE (SAP) PT to $330
On May 23, BMO Capital Markets upped the price objective on SAP SE (NYSE:SAP)'s stock to $330 from $320 and kept an 'Outperform' rating. The firm has expressed optimism about the customer and partner interest in BDC (Business Data Cloud). Furthermore, the management has reiterated views on longer-term revenue growth potential, which can reach mid-teens. A data centre room with cloud technology, illustrating the enterprise application software services. On February 13, SAP SE (NYSE:SAP) announced SAP Business Data Cloud, a solution unifying SAP and third-party data throughout an organization. It offers a trusted data foundation that organizations require to make more impactful decisions and foster reliable AI. For FY 2025, SAP SE (NYSE:SAP) currently expects €21.6 billion – €21.9 billion of cloud revenue at constant currencies, reflecting a rise of 26% - 28%. It expects €33.1 – €33.6 billion of cloud and software revenue at constant currencies, implying 11% - 13% growth. SAP SE (NYSE:SAP)'s Q1 2025 demonstrates a strong start to the year amidst a highly volatile environment, with healthy total revenue growth and operating profit expansion. The company's total revenue (IFRS) rose 12% to €9,013 million. These results exhibit its cost discipline and focused execution. While we acknowledge the potential of SAP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SAP and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now Disclosure: None.
Techday NZ
21-05-2025
- Business
- Techday NZ
SAP unveils new Business AI tools & partnerships for growth
SAP has announced a range of Business AI advancements and partnerships aimed at enhancing productivity and democratising access to artificial intelligence for its customers. The company introduced several updates, including enhancements to its generative AI copilot, Joule, which now features an omnipresent action bar designed to offer users proactive support in their workflow. SAP stated that Joule would be available everywhere users work, learning from their activities and presenting relevant information or actions as needed. SAP formed a new partnership with Perplexity to further develop Joule's capabilities. According to the company, this collaboration will provide users with rapid, visual answers grounded in their business data, even from unstructured sources. In addition to improvements to Joule, SAP revealed it is developing a suite of interoperable AI agents capable of not only suggesting actions but also executing entire processes across systems. The agents are designed to employ advanced reasoning to solve problems and can coordinate activities autonomously, always involving a human in the decision-making loop. The SAP AI Foundation was also announced as a unified platform intended for developers to build, run, and scale custom AI solutions. The platform's features include a prompt optimiser to support a multi-model approach, allowing applications to make use of the most suitable AI model at any given time without being tied to a specific one. SAP highlighted several new intelligent applications incorporated into its Business Data Cloud. These applications, it stated, are developed for different lines of business and have the capacity to learn in real time, simulate outcomes, and provide decision support. One such application is the People Intelligence package, which is intended to assist HR and business leaders with strategic planning, engagement, and compliance management. The Business Data Cloud and SAP Business Transformation Platform will soon be made available on major hyperscale platforms, including Amazon Web Services, Google Cloud, and Microsoft Azure, with SAP indicating availability by the fourth quarter of 2025. In conjunction, SAP announced the expansion of its ecosystem of intelligent applications, involving companies such as Accenture, Adobe, Moody's, Palantir, and Thomson Reuters. SAP also referenced its updated Business Suite approach, introduced earlier in the year, which involves packaging capabilities for core business areas like finance, supply chain, HR, procurement, and sales. The intent, according to SAP, is to simplify cloud adoption for organisations. The SAP Build platform, embedded within the Business Suite Packages, received new AI features and enhancements that SAP claims will allow organisations to tailor applications to their specific requirements. Commenting on the impact of these developments for businesses in Australia and New Zealand, Angela Colantuono, President and Managing Director, SAP Australia and New Zealand, said, "Across both nations we are at a tipping point with AI. While investment is booming and some businesses are already making big moves, there are still gaps in trust, literacy and around governance. The news from Sapphire should be seen as being a game-changer. We're combining top-tier business apps with real-time data and the latest AI innovations. This isn't just an incremental update; it's about making AI accessible and usable for everyone. These aren't just tools, they're strategic levers to help businesses lead confidently in the AI era. Now's the time to be bold not bashful, to embrace these innovations and drive real productivity and efficiency gains."
