Seeking Alpha


  • Fri, Nov. 27, 2:39 PM
    • Top gainers, as of 2.15 p.m.: HSC +49.7%. WPC +46.3%. ELGX +19.2%. OA +12.4%. HOS +12.3%.
    • Top losers, as of 2.15p.m.: HMSY -27.4%. EXPR -20.7%. PE -12.2%. NKTR -11.1%. SAP -10.4%.
    | Fri, Nov. 27, 2:39 PM | 21 Comments
  • Tue, Oct. 20, 4:45 AM
    • SAP AG (NYSE:SAP): Q3 EPS of €0.98 beats by €0.06.
    • Revenue of €4.99B (+17.1% Y/Y)
    • Press Release
    | Tue, Oct. 20, 4:45 AM | Comment!
  • Tue, Oct. 13, 9:16 AM
    | Tue, Oct. 13, 9:16 AM | 2 Comments
  • Tue, Oct. 13, 4:54 AM
    • SAP (NYSE:SAP) +6% premarket after reporting a 19% rise in Q3 operating profit (€1.62B), beating the most optimistic analyst estimates.
    • The results show yet another sign the German software maker is managing an industry-wide shift to cloud-computing programs without sacrificing margins.
    • SAP also said it would stick to its outlook for full year non-IFRS operating profit of €5.6B-€5.9B, representing 0-5% growth from €5.6B in 2014.
    | Tue, Oct. 13, 4:54 AM | Comment!
  • Mon, Oct. 5, 6:30 PM
    • SAP is working on an analytics software product (codenamed Project Orca) that aims to profit from a fast-growing market for analytics tools that can be used by non-technical corporate workers to parse and visualize data.
    • SAP's BusinessObjects unit is already a major player in the traditional business intelligence (BI)  software market, and its Hana in-memory database is frequently used for analytics workloads. Orca appears to more directly take on a new wave of BI/visualization tools meant to replace Excel as the data analysis tool of choice for non-IT workers.
    • Other firms going after the market include Tableau, Qlik, Microsoft, and Salesforce. Meanwhile, the WSJ just reported Amazon is set to launch a cloud-based offering. SAP suggests its product will be differentiated by an ability to spot trends by linking data (with the help of SAP's business apps?) obtained from many disparate sources.
    • Last month: SAP launches new Hana software, targets open-source big data projects
    | Mon, Oct. 5, 6:30 PM | Comment!
  • Wed, Sep. 16, 6:58 PM
    • SAP states a July accident suffered by CEO Bill McDermott while visiting relatives in the U.S. has resulted in McDermott losing his left eye. However, McDermott plans to remain CEO, and will return to Germany in October.
    • SAP had previously disclosed McDermott's injury, but not its severity. A company representative says today McDermott nearly bled to death after falling down a flight of stairs while carrying a water glass at night. Germany's Wirtschafts Woche reported on his injuries earlier today.
    • McDermott became SAP's sole CEO in 2014, and was its co-CEO for 4 years prior to that.
    | Wed, Sep. 16, 6:58 PM | Comment!
  • Thu, Sep. 10, 12:29 PM
    • "The current environment is not changing from what I have seen in the first half of the year ... we have confirmed guidance and we are in the position to meet our targets for the year," says SAP (SAP +1.5%) CFO Luka Mucic.
    • The enterprise software giant forecast in July software license/support and cloud subscription/support revenue will rise 8%-10% in 2015 in constant currency, and that op. profit will be in a €5.6B-€5.9B ($6.3B-$6.6B) range. A strong euro has been expected to boost 2015 op. profit by 7%-10%.
    | Thu, Sep. 10, 12:29 PM | Comment!
  • Tue, Sep. 1, 7:24 PM
    • SAP has launched Hana Vora, a query engine product that leverages the increasingly popular Apache Spark framework, and which integrates with SAP's Hana in-memory database.
    • Like Hana, Spark is used to analyze large datasets in-memory. However, while Hana is used to analyze structured database entries (such as those produced by SAP's ERP software), Spark is often used to handle unstructured and semi-structured data, including content stored via the Hadoop big data framework. Both Spark and Hadoop are open-source.
    • Though some overlap exists, SAP insists Hana and Spark are complementary. The company argues Vora's querying tools and Hana integration enable richer analytics for Spark, thereby making it valuable for applications (fraud detection, network traffic analysis, etc.) where understanding business process context for giant datasets is important.
    | Tue, Sep. 1, 7:24 PM | Comment!
  • Tue, Jul. 21, 3:30 AM
    • Citing acquisition-related charges, restructuring expenses and higher stock-based compensation outlays, SAP (NYSE:SAP) posted a 15% decline in Q2 net profit of €471M vs. €557M in the same period a year earlier.
    • SAP has struggled with shrinking profits in recent quarters, as CEO Bill McDermott looks to shift the company's focus toward cloud based offerings.
    • The company also reiterated its guidance for 2015, saying it expects a non-IFRS operating profit of between €5.6B-€5.9B and full year non-IFRS revenue for cloud subscriptions of €1.95B-€2.05B.
    | Tue, Jul. 21, 3:30 AM | Comment!
  • Mon, Jul. 20, 5:30 PM
  • Fri, Jul. 10, 11:14 AM
    • The Euro Stoxx 50 index is up 2.8% after Greece submitted a bailout proposal that met a number of the demands set by creditors for austerity measures and legal reforms. The Nasdaq is up 1.3%, and the S&P 500 1.1%.
    • In addition to Nokia and Alcatel-Lucent (previously covered), major European tech gainers include SAP (SAP +3.7%), Ericsson (ERIC +3.6%), ASML (ASML +4%), and STMicroelectronics (STM +4.7%).
    • Some SAP news: 1) CEO Bill McDermott has been discharged from a hospital after suffering an accident at his relatives' home. 2) A U.S. federal appeals court has upheld the cancellation of a patent owned by private Versata that led to a $391M infringement ruling against SAP.
    • ASML reports on July 15, Ericsson on July 17, SAP on July 21, and STMicro on July 23.
    | Fri, Jul. 10, 11:14 AM | 1 Comment
  • Mon, Jul. 6, 2:42 PM
    • Nokia (NOK -3.6%), Alcatel-Lucent (ALU -2.9%), Ericsson (ERIC -2.6%), and SAP (SAP -2.6%) are selling off after European markets dropped in the wake of a Greek rejection of austerity measures demanded by creditors. France's CAC-40 fell 1.8%, Germany's DAX fell 1.5%, and the Euro Stoxx 50 fell 2.2%. The Nasdaq and S&P are both down 0.8%. The euro is down 0.5% against the dollar.
    • Something similar happened to Nokia and Alcatel a week ago. The merger partners are respectively down 11% and 10% from their June 22 closes.
    | Mon, Jul. 6, 2:42 PM | 13 Comments
  • Mon, Jun. 22, 12:45 PM
    • SAP (SAP +3.4%), Nokia (NOK +2.1%), and Alcatel-Lucent (ALU +2.5%) are turning in strong days after European markets posted big gains on hopes (fueled by concessions from Athens) a Greek deal will be inked.
    • The Euro Stoxx 50 index rose 4.1%. Germany's DAX and France's CAC-40 both rose 3.8%. The Nasdaq and S&P are both up 0.6%, and the euro is up fractionally against the dollar at 1.1356/1.
    | Mon, Jun. 22, 12:45 PM | 8 Comments
  • Tue, Jun. 16, 5:22 PM
    • Service pack 10 (SPS10) for SAP's popular Hana in-memory database brings with it support for data synchronization between an enterprise data center and remote locations such as retail stores, ships, and mines. SAP argues this feature, when used in tandem with the company's SQL Anywhere embedded database, makes Hana well-suited for collecting and processing data from IoT devices.
    • Other new features: 1) Better integration with the Hadoop and Spark big data software platforms, which are used to analyze massive unstructured datasets (Hana works with structured data). 2) New high-availability and disaster-recovery features, and support for systems containing over 12TB of memory. 3) New data-processing features meant to aid the development of analytics apps running on top of Hana.
    • Also: SAP has rolled out an update for its Predictive Analytics software that adds support for wider datasets and SAP's Business Warehouse data warehousing software, better Hana integration, and new algorithms.
    • The German software giant has stopped providing revenue figures for Hana. In its Q1 report, SAP stated Hana customers had nearly doubled Y/Y to more than 6,400, and that it already has over 370 customers for S/4Hana (launched in February), a version of SAP's core Business Suite that runs only on Hana. Over 1,900 customers run Business Warehouse on top of Hana.
    | Tue, Jun. 16, 5:22 PM | Comment!
  • Wed, May 20, 4:13 AM
    • SAP Chief Executive Bill McDermott once again ruled out that his company has any interest in buying rival (NYSE:CRM) and went further today by saying that Salesforce is unlikely to be acquired by any rival in the industry.
    • "I do not expect that (an acquisition) to be the case at all because of the valuation of the company," McDermott declared.
    • Salesforce will report FQ1 results after the bell today.
    • Previously: Salesforce slumps as dealReporter states M&A talks are slow (May. 19 2015)
    | Wed, May 20, 4:13 AM | 6 Comments
  • Sun, May 3, 6:12 AM
    | Sun, May 3, 6:12 AM | 7 Comments
Company Description
SAP SE sells licenses for software solutions and related support services. It also offers consulting, training and other services for its software solutions.
Sector: Technology
Country: Germany