SAP shares plunged after the German business-software group’s cloud backlog and sales guidance disappointed investors.

SAP's (NYSE:SAP) fourth quarter revenue beat estimates and the European tech giant expects accelerating cloud revenue growth in 2025. Non-IFRS EPS (basic) grew 24% year-over-year to €1.40 but missed ...

SAP has always been a leading provider of CRM software. However, SAP’s strategy has shifted toward a software-as-a-service (SaaS) model through which it plans to close the gap between its offerings ...

Software giant SAP will acquire sales performance application developer Callidus Software Inc. for $2.4 billion and will offer the Callidus application set as part of a new comprehensive suite of ...