Latest news with #cloudERP
Yahoo
25-07-2025
- Business
- Yahoo
Piper Sandler Reaffirms Overweight Rating on SAP Amid Cloud Momentum
SAP SE (NYSE:SAP) is one of the best 52-week high stocks to buy now. On July 23, Piper Sandler reaffirmed its Overweight rating on SAP while adjusting the price target to €345 from €355. The firm cited extended sales cycles in the U.S. public sector and manufacturing due to trade uncertainty, which could impact execution in the second half of 2025. Despite this, SAP's cloud ERP segment continues to shine, posting 34% year-over-year growth in constant currency. drserg/ Piper Sandler trimmed its 2025 revenue forecast based on lower pipeline conversion but praised SAP's cost discipline and commitment to its €8 billion free cash flow goal. The firm still considers SAP one of the top large-cap software growth stocks, favoring it alongside Microsoft and Oracle over Workday. SAP SE (NYSE:SAP) is a global leader in enterprise application software, providing solutions for businesses. It offers a suite of integrated applications that connect various parts of a business to enhance efficiency and facilitate data sharing. Its software helps companies manage multiple business processes in real-time, including finance, procurement, HR, supply chain, and customer experience. While we acknowledge the potential of SAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Biotech Stocks to Buy According to Billionaire Steve Cohen and 11 Growth Stocks That Could Double by 2027. 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
Al Bawaba
23-07-2025
- Business
- Al Bawaba
Bahraini Executives Explore AI-Powered Growth at SAP Business Unleashed Innovation Day
Business leaders and technology decision-makers gathered in Manama recently to explore how data and AI technologies are reshaping industries across the Kingdom at SAP Business Unleashed Innovation Day Bahrain. The event showcased new developments in cloud enterprise resource planning (ERP), business data platforms and embedded AI, offering organizations a path to greater agility, insight and forum brought together customers, experts and partners for a closer look at the tools and strategies driving business model transformation. With Bahrain's Vision 2030 focusing on innovation, diversification and private sector growth, the event reinforced the importance of enterprise technology in achieving long-term national goals.'Bahrain is embracing digital transformation with real intent, and we see business leaders actively seeking tools that go beyond automation to deliver a strategic advantage,' said Saquib Ahmad, Managing Director for SAP Bahrain. 'By bringing together trusted enterprise data with embedded AI, SAP is helping organizations in Bahrain build more intelligent, responsive and resilient businesses. These capabilities support national development priorities and position companies for regional and global success.'One of the central themes was SAP's Business Data Cloud, a solution that integrates business-critical data from SAP and external sources into a single, governed environment. This gives organizations the ability to manage data more effectively, while laying the groundwork for responsible AI and faster also saw SAP Business AI in action. Embedded throughout SAP's cloud applications, Business AI gives users actionable insights and enables them to streamline processes in real time. Demonstrations included SAP's AI copilot, Joule, which allows users to interact with systems using natural language, helping teams in finance, HR, procurement and supply chain make better decisions with less successCustomer success stories from Bahraini organizations such as GPIC and BNET were another highlight of the event. These companies shared how SAP technology is supporting operational improvements, workforce development and future planning. Their experiences offered valuable insights for other local enterprises looking to modernize their business sessions and live demos gave attendees hands-on exposure to cloud ERP transformation with RISE with SAP, modern HR capabilities through SAP SuccessFactors and data-driven planning with SAP Analytics Cloud. These offerings are designed to help organizations build more responsive, future-ready operations while keeping data secure and compliant. With more Bahraini companies expanding across borders and exploring new growth opportunities, SAP reaffirmed its commitment to the Kingdom's digital economy. Business Unleashed Innovation Day Bahrain reflected SAP's role as a strategic partner to organizations focused on performance, resilience and innovation through intelligent technology and connected data.
National Post
09-07-2025
- Business
- National Post
New Strada Report Finds Nearly 40% of Businesses Are Still Dependent on Ageing HR Systems as Cloud Migration Becomes Critical
Article content Article content MIAMI — In a climate where speed, agility, and resilience are essential, too many organisations are still relying on outdated on-premise HR and ERP systems – and the cost of inaction is mounting. New global research from Strada reveals that nearly two in five companies continue to operate on on-premise platforms such as Microsoft Dynamics (20%) and SAP (19%), despite looming end-of-life support deadlines that significantly raise the risk of disruption. Article content With SAP's mainstream support for ERP Central Component (ECC) ending in December 2025, and Microsoft Dynamics GP following by 2029, Strada's new report The cost of standing still: Why ignoring cloud ERP could harm your business exposes the growing gap between business ambitions and operational realities. Despite clear goals to modernise, adopt AI capabilities, tighten cybersecurity, and enhance the employee experience, many organisations remain stuck. For most, the shift away from legacy infrastructure feels too complex or costly to act on now. Article content ,' said Article content Organisations delaying migration are not only facing rising costs, but also reduced support as on-premise systems are phased out. This leaves them exposed and unable to capitalise on the opportunities ahead – from AI and data-driven insights to improved employee experiences.' Article content While 36% of global businesses have prioritised efficiency and productivity, and 35% are focused on realising technology value, many are still struggling to act. Budget constraints (42%), integration complexity (42%), and resistance to change (33%) remain significant barriers – particularly in large organisations where fragmented legacy environments and decision-making siloes slow progress. Article content At the same time, a clear disconnect exists between strategic leadership and frontline users. While 92% of C-suite leaders rate their current HR systems as effective, only 63% of frontline employees agree – and just 14% feel their systems support career progression. This gap highlights a critical issue: those making technology decisions are often out of step with the needs of the people expected to use the systems daily. Article content While many organisations are still suspending change, those that have embraced cloud migration are already reaping the benefits. Just 20% of respondents reported smooth payroll operations before migrating to the cloud. After deployment, that figure jumped to 55%, underlining the value of decisive action and the real operational improvements possible. Article content The case for cloud-based HCM and ERP systems continues to grow. Organisations are increasingly driven by the need for integrated AI, real-time data visibility, scalable infrastructure, stronger security, and compliance with evolving regulations such as the Corporate Sustainability Reporting Directive (CSRD). Article content 'Businesses don't have the luxury of time anymore,' Article content said Article content Johan Bosschaerts, Head of Product and Technology at Strada Article content . 'Delaying migration means relying on systems that weren't built for today's demands. Modern cloud platforms provide a foundation for increased resilience and innovation, enabling organisations to capitalise on AI capabilities while ensuring stronger cybersecurity and easier compliance. By doing so, IT teams are empowered to transition from reactive, technical problem solving to proactive management, driving business imperatives and real progress.' Article content As organisations face end-of-life deadlines for legacy systems and mounting pressure to modernise, the imperative is clear: cloud migration is the gateway to innovation. Cloud platforms deliver real-time insights, integrated AI capabilities, robust security protocols, and compliance with evolving regulations. Acting now not only mitigates operational risks but also positions organisations to capitalise on future opportunities. To access the full report, visit Article content About Strada Article content Strada is a people, payroll, and technology leader that simplifies international workforce management. Across 180 countries, Strada designs and delivers people first solutions powered by cloud-based technology that help organizations grow and enable workforces to perform at their best. To learn more, visit Article content Notes to editors: Article content The findings referenced are based on independent research commissioned by Strada and conducted by CensusWide. The survey was carried out between 19 – 28 February 2025, polling 1,212 professionals working in Finance, HR, or IT departments at companies with 1,000 or more employees. Respondents were based in the United States, United Kingdom, France and Germany and included a mix of C-suite leaders as well as a mix of respondents from various seniority levels. Article content Article content Article content Article content Article content Contacts Article content Media contact Article content Article content Article content
Associated Press
29-06-2025
- Business
- Associated Press
Cloud Services Solutions Celebrates Over 20 Years of Expertise in ERP Integration and Digital Transformation
06/28/2025, Knoxville, Tennessee // PRODIGY: Feature Story // After more than two decades in the enterprise technology space, Cloud Services Solutions is celebrating a major milestone in its journey. Officially founded in 2017, but built on over 20 years of combined hands-on experience, the consultancy has emerged as a trusted advisor to organizations seeking to modernize their operations through cloud-based ERP systems. For founder Stephen Roche, this moment reflects not only the evolution of technology but also the importance of thoughtful, human-centered transformation. 'I've been in the enterprise space since 1995, and what's stayed constant is this: success doesn't come from the software. It comes from the people, the planning, and the process,' says Roche. Under his leadership, Cloud Services Solutions has helped public agencies, universities, and commercial enterprises take the guesswork out of selecting, implementing, and managing ERP systems, always emphasizing strategy over software sales. The firm's work spans vendor selection, integration support, project rollout, and, most critically, change management. At the core of the company's process is what they call the Client Assessment Matrix, a structured discovery phase that uncovers the nuances of each organization's operations. Rather than assume what a client needs, the team asks thoughtful, open-ended questions to understand the business from the inside out. These include considerations such as whether a company has recently undergone mergers or acquisitions, what its internal structure looks like, and what regions or jurisdictions it operates in. The goal is to surface any red flags early on, such as conflicting regulatory requirements between countries or regional staffing gaps that could derail a rollout. Roche notes that many of the ERP projects that fail do so not because of incompatible software, but because of poor planning and misaligned resources. Too often, companies assign internal staff who are already overextended and expect them to lead implementations that can require additional hours weekly. Others will assign personnel based on certification rather than real-world experience, a choice that can compromise projects costing millions. Cloud Services Solutions not only identifies these issues during its assessments but also provides qualified backfill personnel to ensure that business-as-usual doesn't suffer during transformation efforts. The firm's work is inherently global, supporting organizations across North America, Latin America, Europe, and Asia-Pacific. A major part of their process is ensuring that communication flows smoothly between headquarters and regional offices. Too often, projects are derailed because corporate offices assume regional teams are aligned or available when, in reality, those regions are pursuing different initiatives or are already stretched thin. Cloud Services Solutions mitigates this risk by organizing joint kickoff meetings with all regional stakeholders, establishing steering committees, and ensuring executive buy-in before any major rollout begins. This collaborative, inclusive structure is designed to prevent miscommunication and build trust, especially when internal teams don't yet understand the value of the systems being implemented. Looking to the future, Cloud Services Solutions is now expanding its focus in two key directions: artificial intelligence and the Middle East. The firm sees the Middle East as a strategic region for growth, with its increasing investments in digital infrastructure and AI-driven business processes. Roche emphasizes that the company's AI advisory services are not about chasing hype, but about making smart, context-specific recommendations. He points out that while many vendors rush to offer AI solutions, the reality is that AI is changing rapidly, and integration must be both strategic and cautious. The firm works across ecosystems to identify the right AI-powered tools for ERP, CRM, and marketing initiatives, always grounded in what best serves the client's long-term goals. Cloud Services Solutions continues to resist the one-size-fits-all approach that dominates much of the ERP consulting world. Instead of pushing a single platform or pre-selected vendor, the company presents clients with multiple tailored options, each vetted against their business needs, budget, and five-year outlook. This vendor-agnostic stance, combined with deep sector experience, makes them particularly effective in high-stakes environments where the margin for error is slim. As Roche puts it, 'It's a competitive field out there. Whether you're building new infrastructure or acquiring another company, you can't afford to guess your way through it. The decisions you make today will shape your competitiveness tomorrow. And you need the right strategy, people, and systems to get it right.' Media Contact Name: Stephen Roche Email: [email protected]
Entrepreneur
17-06-2025
- Business
- Entrepreneur
BCIT Founder Elaborates on ERP's Expanding Role in Business Strategy and What That Means for Companies
You're reading Entrepreneur United Kingdom, an international franchise of Entrepreneur Media. Enterprise Resource Planning (ERP) has long been considered the backbone of business operations, integrating critical functions such as inventory management, procurement, production planning, and finance into a single system. Despite being an established technology, the ERP market continues to evolve, driven by emerging technologies, cloud adoption, and the need for more agile business operations. With a market size that will reach $147.7 billion in 2025 and an annual growth rate of 8% since 2022, ERP remains one of the most vital tools for modern enterprises navigating complex global supply chains. However, while ERP solutions evolve, so too do the challenges businesses face in implementing and maintaining these systems. Historically, businesses viewed ERP as a long-term investment—something implemented once and maintained for years, if not decades. However, that mindset is changing. "Many companies have held onto outdated ERP systems for too long, believing that upgrading would be costly or disruptive," says Branislav Chrastina, founder of BCIT, an ERP consulting firm specializing in Infor solutions. "But what we're seeing now is a shift with companies recognizing that staying competitive requires continuous adaptation." Branislav Chrastina Founder of BCIT One of the biggest drivers of this shift is the rise of cloud-based ERP. Traditionally, ERP implementations were highly customized and installed on-site, making upgrades complex and expensive. Today, multi-tenant cloud ERP solutions offer full functionality with lower upfront costs, faster updates, and built-in AI capabilities. This has significantly altered the competitive landscape, as businesses now weigh the benefits of flexibility against the perceived risks of moving critical operations to the cloud. "Infor has taken a strong position in the cloud ERP space," Branislav notes. "Unlike some providers that offer limited cloud functionality, Infor delivers a full-suite solution comparable to on-premise systems. That's a game changer for companies that need reliability without sacrificing innovation." Despite its benefits, ERP adoption is not without challenges. One of the biggest hurdles for companies implementing ERP is change management. Large organizations, especially those with fragmented systems and siloed departments, often struggle to unify their operations under a single ERP framework. Branislav shares an example of a company that they cater to, a global superalloy manufacturing firm. "They had multiple small, disconnected software packages running different parts of the business. The challenge wasn't just implementing ERP—it was changing the company's mindset to embrace a unified system. That's often the bigger hurdle," he says. Beyond cloud adoption, AI is reshaping how businesses interact with ERP software. From automating data entry to predicting supply chain disruptions, AI-enhanced ERP systems are enabling businesses to operate with greater efficiency and intelligence. According to Branislav, AI integration in ERP is no longer a luxury but a necessity. Companies that fail to leverage AI for demand forecasting, real-time analytics, and automated workflows risk inefficiencies that could cost them market share. Resistance to change, lack of internal expertise, and concerns over cost remain significant barriers. However, industry experts argue that businesses can no longer afford to delay ERP modernization. With increasing market competition and growing demands for real-time data insights, companies that lag behind in ERP adoption may find themselves unable to compete. BCIT has, therefore, prioritized ERP education among its team members. "We dedicate two hours each week to learning sessions focused on various ongoing subjects and their applications in ERP," Branislav explains. "We upskill ourselves to further help businesses make better decisions and operate more effectively." This emphasis on continuous learning is becoming a necessity across the industry. Consultants who specialize in ERP implementation often work on long-term projects, but the risk is that by the time one project is completed, the technology may have already advanced beyond their knowledge. "It's a real challenge," says Branislav. "If you spend two or three years on a single implementation without staying updated on new developments, you risk falling behind the market." The future of ERP, according to Branislav Charstina, will likely see even greater automation, deeper integration with machine learning algorithms, and a push toward real-time data analytics that can predict business trends before they happen. For businesses, the key takeaway is clear: ERP is not a static investment—it is a dynamic system that requires continuous evolution. Organizations that recognize this and proactively adapt to the changing landscape will not only survive but thrive in the digital era.
