Strong cloud demand for SAP in Q2

SAP has reported its financial results for Q2 ended 30 June 2020, showing cloud revenue growth of 11 percent year-on-year. Despite this, SAP saw a 1 percent year-on-year decline in total revenue at €6.7bn IFRS (approx £5.7bn), and a 23 percent dip in operating profit to €984m (approx £841m), with

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IFS growth trajectory continues

IFS has announced its financial results for the first half of 2021, showing an impressive 79 percent year-on-year increase in cloud revenue. Software revenue was SEK 2.6bn (approx £218m), an increase of 20 percent year-on-year, whilst recurring revenue was up 27 percent year-on-year at SEK 2bn, representing more than 80 percent

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Cloud bookings up for Unit4

Unit4 has reported results for Q2 and the first half of 2021, ending 30 June 2021, showing a 59 percent year-on-year increase in cloud bookings in Q2 and 40 percent across the half. Cloud subscription revenue grew 25 percent in Q2 compared to the previous year, but slowed from the

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TOP NEWS FROM THE SECTOR

latest news

ERP Today Live! HR Productivity

The proliferation of new technology and a rapid change in where and how we work has placed huge strains on HR teams. In this ERP Today Live! session we explore how productivity within HR has been impacted by the pandemic and how technology saturation has affected the wellbeing of HR teams.

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Strong cloud demand for SAP in Q2

SAP has reported its financial results for Q2 ended 30 June 2020, showing cloud revenue growth of 11 percent year-on-year. Despite this, SAP saw a 1 percent year-on-year decline in total

READ MORE

IFS growth trajectory continues

IFS has announced its financial results for the first half of 2021, showing an impressive 79 percent year-on-year increase in cloud revenue. Software revenue was SEK 2.6bn (approx £218m), an increase

READ MORE

Cloud bookings up for Unit4

Unit4 has reported results for Q2 and the first half of 2021, ending 30 June 2021, showing a 59 percent year-on-year increase in cloud bookings in Q2 and 40 percent across

READ MORE

IFS acquires Customerville

IFS has announced it has acquired customer experience platform Customerville, to help IFS customers increase engagement with their own customers, improve revenue and profitability and drive product, service and outcome innovation.

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Zoom to buy Five9 in $15bn transaction

Zoom has announced it has entered into a definitive agreement to acquire Five9 Inc., a provider of the intelligent cloud contact centre, in an all-stock transaction valued at $14.7bn. The acquisition

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Police

Cheshire Constabulary chooses Unit4

The Police and Crime Commissioner for Cheshire has selected Unit4’s ERP, FP&A and HCM solutions to deliver an integrated information infrastructure supporting Cheshire’s police force. Cheshire Constabulary is a UK territorial

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Oracle

Oracle expands renewable energy pledges

Oracle has expanded its commitment to sustainability by pledging to power its global operations – both its facilities and its cloud – with 100 percent renewable energy by 2025. Oracle’s latest

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Fire service

West Midlands Fire Service chooses Oracle Cloud

The UK’s second largest fire and rescue service, West Midlands Fire Service, has appointed Oracle partner Namos Solutions to lead a digital transformation project which will see its finance and HR operations move to Oracle Cloud.

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Anton Chilton

Growth in Q1 revenue for QAD

QAD, a provider of manufacturing and supply chain solutions in the cloud, has reported its first quarter fiscal 2022 results, showing a growth in total revenue to $83m.

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