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IBM to Acquire SAP Consulting Partner TruQua

16Nov By PriyankaNo Comments

ACQUISITION

IBM to Acquire SAP Consulting Partner TruQua

ARMONK, N.Y., Nov. 16, 2020-- Global IT firm IBM acquire TruQua Enterprises, an IT services and consulting SAP development partner. TruQua specializes in delivering finance and analytics solutions to Fortune 500 companies. This acquisition shift IBM strategy from legacy enterprise systems and siloed processes to cloud-based integrated and streamlined finance functions such as cash flow, budgeting, and consolidations is critical in today's rapidly evolving marketplace. TruQua will enable IBM to broaden its consulting expertise and capabilities to help clients implement SAP solutions that will improve and automate financial management workflows, enhance operational efficiency, and, ultimately, drive an enterprise-wide transformation through the adoption of SAP S/4HANA, the latest ge...

Wipro Selects Google Cloud to Advance its Digital Transformation Strategy

28Jul By AdityaNo Comments

BUSINESS

Wipro Selects Google Cloud to Advance its Digital Transformation Strategy

SUNNYVALE, Calif., July 28, 2020-- Wipro Limited, a leading global IT services company announced that it has selected Google Cloud as the cloud provider for its enterprise-wide SAP footprint. The engagement will bring SAP applications and workloads to the cloud to support Wipro's 180,000-plus employees. This latest collaboration solidifies the strategic relationship between the companies as they roll out two major initiatives across Wipro's global organization. Transforming to an Intelligent Enterprise with SAP S/4HANA and Google Cloud Wipro will modernize and transform its core ERP system to SAP's flagship S/4HANA and migrate the SAP workloads onto Google Cloud Platform (GCP). Wipro will leverage the advanced intelligent ERP from SAP, along with the flexibility and scalabilit...

SAP to Set up Another R&D Campus in Bengaluru

1Dec By Gauri SinghNo Comments

INDIA

SAP to Set up Another R&D Campus in Bengaluru

Software and technology firm SAP is reportedly establishing a large new campus in Bengaluru near the international airport. This will significantly increase its R&D (research & development) presence in the city. The company’s executive board member Bernd Leukert, who is in charge of products & innovation, and who was in Bengaluru on Friday to mark the company’s 20th anniversary in India, said it would be a 40-acre campus, double the size of the existing one in Whitefield. “It’s a testimonial to the great talent and abilities here, and the extent to which people here have contributed to the overall success of SAP,” Leukert said. SAP has 11,000 employees in India, of which 7,500 are in core R&D, making it the German enterprise software company’s second largest R&D c...

Global Software Giant SAP Agreed to Acquire Qualtrics for $8 Billion

13Nov By Gauri SinghNo Comments

ACQUISITION

Global Software Giant SAP Agreed to Acquire Qualtrics for $8 Billion

German-based international software giant SAP has reportedly agreed upon acquiring an experience management company called Qualtrics. The particular deal is an all-cash deal and has been amounted for $8 billion. This acquisition has taken place just before the survey and research software company was set to go public. This deal is expected to be closed in the first half of 2019. Prior to this acquisition, the company had raised $180 million at a $2.5 billion valuation. And this acquisition marks as the second-largest ever acquisition of a SaaS company, after Oracle’s purchase of Netsuite for $9.3 billion in 2016. The software giant SAP claims that its software has touched 77 percent of the world’s transaction revenue, while Qualtrics’ products include survey software that enables ...

Ex-Google, SAP Executives Launch Home Inspection Services ‘HomeInspeKtor’

5Jul By Press Trust of IndiaNo Comments

News

Ex-Google, SAP Executives Launch Home Inspection Services ‘HomeInspeKtor’

Two former Google and SAP executives have joined hands to launch Home Inspection services in India and plan to expand the platform to North America, the UK, Singapore and the Middle-East. Phi Property Management Services (PPMS), that performs independent third party end-to end pre-delivery checks - inspection services in the Real Estate domain - has launched operations under the brand name "HomeInspeKtor" in Bengaluru with plans for other cities to follow. "Home Inspection service is a limited, non-invasive examination of the condition of a home/apartment/villa in connection with the sale/renting of that property," company's Chairman and COO B R Nagaraj said. As a first step, PPMS has partnered InterNACHI (the International Association of Certified Home Inspectors) in setting up the I...