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SAP nabs German startup LeanIX to help companies modernize faster

As companies look to stave off technical debt, a process of aging systems limiting a company’s ability to modernize, the first step is simply understanding the state of your architecture. SAP announ

SAP invests in generative AI startups Anthropic, Cohere and Aleph Alpha

In case one needed more evidence that there’s a massive appetite for generative AI, SAP, the Germany-based consulting giant, yesterday invested in three major generative AI players: Anthropic, C

Is $12.4B a fair price for Qualtrics?

Qualtrics, a once high-flying startup, was acquired for $12.4 this week. Was it a fair price given current market conditions?

Qualtrics has $12B offer on the table to go private

Qualtrics was once a hot startup before SAP bought the company in 2018 for $8 billion. It was a fine exit, making the founders rich, but it never was really a good fit. SAP spun out the company just t

New Red Hat partnerships with SAP and Oracle could bode well for owner IBM

It’s been a good week for Red Hat, and by extension IBM, the company that owns it. That’s because Red Hat signed two partnership agreements this week, one with Oracle and the other with SAP. Those

Dig scoops up $34M to tackle the fragmented world of cloud data security

In 2022, the amount of corporate data stored in the cloud (versus on-premise servers) reached 60%, a signal of how the world of enterprise IT is evolving. But lest you think that cloud=modern=more eff

Duplo digitizes payment flows for African B2B enterprises, gets $4.3M seed funding

The process of sending and receiving payments in a $1.5 trillion B2B payments market in sub-Saharan Africa is one where merchants commonly use manual invoices and inefficient processes that burden mer

SAP top exec retires as Q2 2022 earnings come out

As Q2 earnings send enterprise giant SAP’s stock down, President of SAP North America DJ Paoni is leaving the enterprise company, TechCrunch has learned from sources. SAP confirmed the news, saying

Cloud Foundry Foundation launches Korifi to simplify the Kubernetes developer experience

The Cloud Foundry Foundation today announced the launch of Korifi, a new developer experience that will offer a Cloud Foundry-compatible application platform on top of Kubernetes. Since its initial re

Google Cloud and SAP launch a native integration between Workspace and S/4HANA Cloud

Google and SAP have partnered around a number of different projects over the years and Google Cloud, just like its competitors, is a strategic cloud partner for RISE with SAP, the German enterprise so

UiPath names former Google Cloud exec co-CEO to steer its future

UiPath, the RPA company that went public a year ago, was once hotter than hot in a space that was sizzling. Consider that it raised $750 million in February, 2021 at an astonishing $35 billion valuati

OwnID raises $6M to replace passwords with smartphone-based biometrics

The founders of OwnID, Dor Shany and Rooly Eliezerov, previously founded Gigya, a startup that wanted to make it easier to help identify customers. They sold that startup to SAP for $350 million in 20

Freshflow is helping grocery retailers fight food waste

For years grocery retailers have been using data driven forecasting to help them predict demand to figure out which products to reorder to keep shelves stocked. That’s nothing new. But Berlin-ba

Egypt’s Pylon gets $19M to scale software for water and electricity distribution companies

Pylon, an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed round. The round, a combination of debt and equity, was led

Antimatter raises $12M Series A to help SaaS companies keep their customer data secure

With SaaS becoming the standard for most business software, the security demands on SaaS companies are constantly increasing. Add users who need their data sandboxed from others or kept in a specific

European cloud firms call for clearer ‘ex ante’ rules to end abusive software licensing

European cloud computing companies have raised the alarm over what they say is a “critical loophole” in the EU’s flagship plan to tackle anti-competitive behaviors by gatekeeping dig

What Kai-Fu Lee-backed AInnovation tells us about China’s smart manufacturing

The enthusiasm to find paying customers for artificial intelligence continues in China. AInnovation, a Chinese computer vision and machine learning startup backed by Kai-Fu Lee’s Sinovation Vent

Asia HR tech platform Darwinbox becomes unicorn with TCV-led $72 million funding

HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia”

Germany’s SoSafe raises $73M Series B led by Highland to address human error in cyber

As we’ve learned in the last few years, “human error”-led cybersecurity breaches are the ones companies often find hardest to guard against. Surveys suggest some 85% of attacks can be tr

Nigeria’s SeamlessHR raises $10M to expand HR and payroll solutions across Africa

Africa’s appetite for cloud computing software continues to increase as connectivity and bandwidth opportunities push boundaries. Per reports, the continent’s cloud computing industry coupled with
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