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Workday overshoots in Q4, gaining ground on $10bn target

Workday has announced financial results for its fiscal 2023 fourth quarter and full year ended 31 January 2023, with revenue wins inching the firm ever closer to its 2025 $10bn target.

Punit Renjen to replace Hasso Plattner as SAP chairman

Punit Renjen, the former global CEO at Deloitte, is set to replace Hasso Plattner as the new SAP chairman. Prof. Dr. Hasso Plattner, who co-founded SAP in 1972 with Dietmar Hopp, Claus Wellenreuther, Klaus Tschira, and Hans-Werner Hector, is the only remaining founder still involved in an operational role at the German software company and will retire from his position at the end of his current term. His departure heralds another new era for SAP which will be confirmed at the company’s AGM in May this year.

SAP’s cloud chief quits

Brian Duffy, president of Cloud at SAP, has announced he will be handing back the reins after 13 months in the role. This follows 3000 job cuts and a proposed sale of SAP's stake in Qualtrics. Despite extraordinary cloud growth in recent quarters, the world's biggest enterprise technology vendor is not immune to the pressures of a toughening economy.

ERP Today TV, Episode 1 Preview

A preview of the first episode of ERP Today, featuring Network Rail's Planning4Delivery programme

Microsoft prunes as even industrial metaverse isn’t safe from industry woes

Microsoft has announced a fresh round of job cuts, effectively culling its industrial metaverse unit, amid slowing growth and ongoing waves of macroeconomic uncertainty.

Bard for business? Google enters the chatbot game

Google has entered the AI chatbot arena with Bard, an artificial intelligence search tool. What does it mean for enterprise?

BMW Group drives new growth with RISE with SAP

BMW Group have expanded its strategic partnership with SAP to accelerate its digital transformation.

Arvind Krishna, IBM chairman and chief executive officer | IBM third-quarter

IBM hits highest growth in a decade with mid-digit push for 2022

IBM has announced its financial results for 2022, with success across business segments producing the highest revenue growth in a decade for the firm. A six percent rise has seen revenues of $60.5bn for the full year and $16.7bn for the fourth-quarter.

High five: IFS sees double-digits for fifth consecutive year

IFS, the global cloud enterprise applications company, today announced its financial results for the full year ending 31 December 2022, showing the fifth consecutive year of double-digit growth.

Unit4 launches new Marketplace platform

Unit4 has launched Unit4 Marketplace, a new platform where its ISV, Reseller and Service partners can showcase their innovative, bespoke industry and vertical Apps that link to Unit4’s ERP solutions.

Why can’t SAP keep a UK MD for longer than two years?

SAP has announced that yet another UK MD is moving on. Michiel Verhoeven will step down as managing director of SAP UK and Ireland at the end of Q1 2023. The announcement comes 2 years and 7 months after his appointment. The latest departure marks the twelfth UK&I managing director to leave SAP in 16 years.

All change at Workday as CEO Bhusri paves way for successor

Workday has announced the appointment of Carl Eschenbach to co-CEO, effective immediately, as part of a succession plan that will see Aneel Bhusri step back from the business in a year's time. Chano Fernandez is leaving Workday, also with effective immediately.

Oracle second quarter boosted by staggering cloud growth

Oracle Corporation has announced its results for the second quarter of fiscal 2023, showing strong double-digit growth and big numbers for cloud and OCI. The increase was largely driven by huge growth in overall cloud revenue.

LSEG and Microsoft launch 10-year strategic partnership

London Stock Exchange Group (LSEG) and Microsoft have entered into a new long-term strategic partnership to architect LSEG’s data infrastructure using the Microsoft Cloud, and to jointly develop new products and services for data and analytics.

Rob Enslin of UiPath interview: All paths lead to automation

UiPath has been the market leader in automation for as long as automation has been a thing. But a sharp decline in value as a public company and a big shift in its go-to-market strategy poses fresh challenges for new co-CEO, Rob Enslin.

Workday Q3 subscribes success despite small operating loss

Workday has announced its Q3 financial results, with revenues reaching $1.6bn for the quarter, up 20.5 percent from Q3 2022. The HR and finance software vendor showed strong growth in its subscription services, with subscription revenues hitting $1.43bn, up 22.3 percent year over year this quarter.

Snowflake announces UK availability on Microsoft Azure

Snowflake has announced its general availability on Microsoft Azure in the UK, driven by high customer demand for local data residency from both the private and public sectors.

image of Workday building | Interview with Jim Stratton

Workday surpasses 2000 customers in Europe and rising

Workday has revealed its applications are now used by over 2,000 customers in the EMEA region, as the company kicks off its Workday Rising event in Stockholm. The figures come as Workday continues to scale rapidly in EMEA, spanning across European-headquartered companies including Asda, Basic Fit, franprix, Glovo, Mazars, and Telpark. The company has also seen significant growth in France, Germany, and the UK, along with other European countries. Workday applications are now used by more than 40 percent of the FTSE100 and DAX40, and more than 30 percent of the CAC40.

Microsoft in supply chain first for disruptive decade

The Microsoft Supply Chain Platform, which bundles together AI, collaboration, low-code, security and SaaS apps, is not a scare tactic. As Redmond tells ERP Today, supply chain disruption is the new status quo.

image of Celonis building | Celonis:Next unveils product enhancements, investments and more

Celonis adds ‘third dimension’ to process mining and supply chains

Celonis has launched two new updates to its process mining software. Co-CEO Alex Rinke explains exclusively to ERP Today how the new platforms represent a potential game changer for the tech.

ServiceNow serves up NHS Digital backbone and beyond

Exclusive: The ServiceNow platform is powering NHS Digital, the national information and technology partner of the UK health and care system. The partnership will also continue once NHS Digital merges with NHS England and NHSX in 2023.

Can IFS do for assets what Salesforce did for CRM?

Identity is everything in today’s super-competitive enterprise tech market. Oracle built an imperious business on its database credentials and then dominated finance. Salesforce has owned the CRM space for two decades and became the world’s biggest biz apps vendor as a result. Workday emerged to tackle HCM for big enterprises and is now the default choice for HR leaders.

Oracle banks partnership with HSBC

Under the multi-year agreement, HSBC will upgrade and migrate select database systems to Oracle Exadata Cloud@Customer, a cloud platform delivered as a managed infrastructure service in HSBC’s own data centers.

Infor partners with NMIS to power model digital factory

Infor has entered into a long-term strategic partnership agreement with the National Manufacturing Institute Scotland (NMIS). Infor’s investment will underpin the development of Model Digital Factory Demonstrators for the NMIS Digital Factory environment at the new NMIS 11,500m² headquarters.

IFS Cloud upgrades to unleash automation

As announced at IFS Unleashed 2022, the October release of IFS Cloud is now in general availability. The platform upgrade focuses on enabling organizations through intelligent insight and the acceleration of automation efforts.

Imagine 2022 Automation Anywhere Mihir Shukla CEO

Automation Anywhere citizen dev launch: “Automation to a billion more workers”

Automation Anywhere CEO on the breadth of new software enhancements to keep ‘humans in the loop’ of intelligent automation. Word of the new automation success platform features came today at the automation provider’s Imagine 2022 conference in New York City.

UiPath named Microsoft partner at FORWARD 5

UiPath announces new Microsoft partnership and additional software enhancements at its FORWARD 5 conference in Las Vegas. Key UiPath platform offerings such as Automation Cloud, Process Mining and Test Manager are now available on the Microsoft Azure Marketplace.

‘Big Four’ accountancy firm EY announces business split

Ernst & Young has pushed ahead on a partner vote to break up the business into separate audit and advisory firms. Leaders across the 15 biggest member organizations, which represent 80 percent of the firm’s £39bn annual revenues, unanimously agreed on the much-mooted pivot late last week.

Samsara financial results - Sanjit Biswas CEO | Samsara Q2

Samsara bolsters enterprise weight with Q2 results

Samsara has announced its Q2 fiscal 2023 financial results. The report indicates a strong quarter of growth at scale, as the company surpassed $660m of annual recurring revenue, growing more than 50 percent YoY.

Celonis secures $1bn at $13bn valuation to tackle supply chain challenges

Celonis has secured an additional $1bn in funds to accelerate its position to help customers thrive in challenging economic environments. This $1bn in liquidity is anchored by a $400m equity raise at a post money valuation of nearly $13bn. In addition, Celonis has expanded its revolving credit facility to obtain access to as much as $600m with a syndicate of leading global banks.