Core Insights - Coveo has been awarded the SAP Global SAP Customer Experience Award for Partner Excellence 2025 for Partner Solution Success, recognizing its contributions to SAP Customer Experience solutions [1][2] - The partnership between Coveo and SAP aims to enhance AI-driven digital experiences for global enterprises, focusing on growth, efficiency, and customer loyalty [2] Company Achievements - Coveo's solution for SAP Commerce Cloud achieved SAP Endorsed App status in March 2023, with further integration into SAP Service Cloud in November 2024 [2] - Customers utilizing Coveo's solutions have reported significant improvements, such as Blackwoods experiencing a 45% increase in Net Promoter Score (NPS) and a 44% reduction in null searches [2] Technology and Innovation - Coveo's AI-Relevance Platform enables hyper-personalization across various digital experiences, unifying data with high contextual and prescriptive accuracy [5] - The platform is designed to address the complexity of tailoring experiences for diverse audiences and large volumes of content [4][5] Industry Positioning - Coveo is recognized as a leader in AI-Relevance, transforming how enterprises engage with customers and employees to maximize business outcomes [3][5] - The company holds various certifications and partnerships, including being a Salesforce ISV Partner and a member of the MACH Alliance, which underscores its commitment to security and compliance [6]

HOUSTON--(BUSINESS WIRE)-- #MCi--Management Controls Inc. (MCi) announced today that its myTrack Connect for SAP S/4HANA is certified by SAP for clean core with SAP S/4HANA Cloud. The certification helps organizations seamlessly integrate contractor data management into their SAP environment while maintaining system integrity, auditability, and extensibility. "SAP customers need solutions that not only integrate securely but also maintain compliance with clean core principles,†said Michael Lewis, CTO. ...

Core Insights - The collaboration between SAP and Alibaba aims to enhance enterprise cloud transformation, addressing the challenges of technology integration and business adaptation [2][3] - The partnership will initially focus on the Chinese market, with plans to expand into Southeast Asia, the Middle East, and Africa [4] - SAP's core cloud solutions will be gradually deployed on Alibaba Cloud, with specific timelines for various products [3] Industry Challenges - Cloud transformation is essential for enhancing competitiveness, but companies face challenges in technology, cost, and security [4][5] - Measuring return on investment is a significant concern, particularly for traditional industries where short-term financial benefits are hard to quantify [4] - Legacy IT systems pose integration challenges, complicating the modernization process and increasing risks of business disruption [5] Organizational and Cultural Resistance - The primary challenge in cloud transformation is not technical but rather organizational maturity and readiness for change [6] - Companies often struggle to standardize processes that have developed over time, which can hinder the speed and effectiveness of digital transformation [6] Business Process Solutions - SAP's approach combines ERP systems for standardized processes with the BTP platform for automated development capabilities, addressing the needs of both standardized and differentiated business processes [7] AI and Software Relationship - AI is expected to significantly impact software applications, but it will not replace software; instead, it will enhance the value of end-to-end software suites [8][9] - SAP advocates for an "AI-first" strategy, emphasizing the importance of integrated software solutions that can better withstand the pressures of AI [8][9] Data and AI Synergy - SAP's "flywheel effect" illustrates the synergy between applications, data, and AI, creating a continuous cycle of data generation and process optimization [10] - Specific AI applications have been developed to address business challenges, such as risk assessment in sales orders, demonstrating the practical benefits of AI integration [10] Market Opportunities - There is a significant market potential in China for companies looking to expand globally, particularly among those not currently using ERP systems [10]

The European Commission (EC) has begun a formal probe into SAP’s conduct in the market for maintenance and support services for its on-premises enterprise resource planning (ERP) software in the European Economic Area (EEA). The inquiry will focus on whether SAP’s terms and practices regarding these services have limited competition, particularly from third-party providers. SAP develops business management software that includes ERP systems which companies can deploy either on their own infrastructure or ...

Investment Rating - The report suggests focusing on sectors driven by domestic AI development, such as servers and IDC, as well as sectors benefiting from overseas AI growth, including servers and optical modules [5] Core Insights - Nvidia plans to invest $100 billion in OpenAI to build AI data centers with a capacity of at least 10GW, which will significantly enhance OpenAI's computational capabilities [1][54] - Google’s Gemini 2.5 Flash Image model has gained significant traction, completing over 200 million image edits in its first week and attracting 10 million new users, indicating a surge in computational demand [1][55] - Microsoft has introduced a microfluidic cooling technology that reduces GPU chip temperatures by 65%, enhancing efficiency and supporting higher power density designs [1][56] - Alibaba Cloud announced a 380 billion yuan AI infrastructure plan, significantly increasing its daily call volume and launching new AI models and servers [1][9] - Domestic AI models are rapidly iterating, with increasing computational demands and a shift towards domestic supply chains [1] Summary by Sections Server Sector - The server index increased by 0.63% this week and 2.96% this month, driven by partnerships like SAP and OpenAI's "OpenAI for Germany" initiative [2][7] - Google’s Gemini model has significantly boosted token usage and computational demand, contributing to Alphabet's market value surpassing $3 trillion [7] Optical Modules - The optical module index decreased by 4.66% this week but increased by 2.73% this month, with Nvidia's investment in AI data centers positively impacting optical module manufacturers [2][8] IDC - The IDC index rose by 2.15% this week and 1.49% this month, with Alibaba Cloud's daily call volume increasing 15 times and a substantial investment in AI infrastructure [3][9] Liquid Cooling - Microsoft’s microfluidic cooling technology is expected to enhance AI chip performance and reduce energy costs, with a planned $30 billion investment in AI infrastructure [1][15]

Core Viewpoint - SAP SE is identified as a significant AI stock to monitor, with a maintained Buy rating despite a slight reduction in price target to EUR316.00 from EUR320.00, reflecting a structural and durable long-term growth outlook [1][3]. Group 1: Growth Drivers - SAP's growth is driven by software upgrade and infrastructure migration cycles, positioning it as a beneficiary of artificial intelligence due to its critical data ownership and monetization potential through a comprehensive AI product suite, including SAP Joule and Analytics agents [2][3]. - The company is expected to achieve approximately EUR0.5 billion in AI efficiencies and up to 30% efficiency gains in R&D, supporting operating leverage [3]. Group 2: Market Performance - SAP shares have underperformed the SX8P index by 5 percentage points since the Q2 earnings report in July, with cautious sentiment regarding short-term bookings from recent conferences [1][3]. - Despite the underperformance, SAP remains a top pick for large-cap stocks and is included in the "25 stocks for 2025" and the Europe 1 list of top investment ideas [3]. Group 3: Financial Forecasts - The firm has adjusted its forecasts for foreign exchange impacts, estimating a 50 basis points effect on 2025 revenue and a 100 basis points effect on 2026 revenue [3]. - The price objective has been revised down to EUR316 from EUR320, with the American Depositary Receipt (ADR) target adjusted to $371 from $376, maintaining a Buy rating based on a 20x 2026E EBITDA multiple for predictable growth [3].

格隆汇9月26日｜OpenAI首席执行官萨姆·奥特曼在社交平台发帖称，与SAP和微软合作在德国推出一款 主权云服务，很开心；帮助政府使用我们的前沿模型对我们来说很重要。 ...

Core Insights - SAP is under formal investigation by the European Commission regarding its maintenance and support services for ERP software, with concerns that these practices may restrict competition in the market [5][4] - The investigation highlights long-standing issues noted by tech executives, particularly regarding SAP's push towards subscription-based cloud products [3] Investigation Details - The European Commission is examining four specific practices by SAP that may hinder competition in the aftermarket for maintenance and support services [4] - The practices under scrutiny include: - Requiring customers to obtain maintenance and support services directly from SAP, limiting their ability to choose from various suppliers [6] - Preventing customers from terminating maintenance and support for unused software licenses, leading to unnecessary costs [6] - Regularly extending the duration of initial on-premises ERP licenses, complicating the cancellation of maintenance and support services [6] - Imposing reinstatement and back-maintenance fees on customers who resume services after a lapse [6] Company Response - SAP has stated that it does not expect the investigation to materially impact its financial performance and is cooperating with the European Commission to address the concerns raised [5]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Software giant SAP said it believed its actions were 'fully in line' with competition rules. The European Commission launched an antitrust probe into German software giant SAP Thursday over fears the company's practices may have distorted competition. SAP, which offers both traditional software and cloud-based computing servic ...

智通财经APP获悉，欧盟监管机构已对德国软件巨头SAP SE(SAP.US)发起反垄断调查，旨在查明该公 司在售的一款管理类软件相关本地部署维护及支持服务是否存在扭曲市场竞争的行为。 欧盟委员会周四通过电子邮件发表声明称，SAP的商业行为可能阻碍其客户选择其他能以更低价格提供 相关服务的供应商。此次调查涉及SAP授权的一款名为"企业资源计划"(Enterprise Resource Planning，简 称ERP)的软件，该软件主要用于企业业务运营管理。 值得注意的是，在欧盟宣布此次调查之前，这家欧洲最大的软件厂商刚宣布与OpenAI及亚马逊 (AMZN.US)AWS达成合作，计划向欧洲各国政府拓展其"数字主权"相关服务。 近年来，SAP一直致力于推动软件业务适应云计算需求，如今也正积极调整以应对生成式人工智能时代 的挑战。数据显示，SAP的云业务销售额预计将达到近220亿欧元，接近其2019年水平的三倍。 SAP则在另一份声明中强调，其业务政策遵循全球软件行业长期通用的标准，所有政策与行为均符合法 律规定，且此次调查不会对公司财务业绩产生重大影响。 截至发稿，SAP周四美股盘前下跌约1.6%，其同行企业股价 ...