Core Insights - The success of AI strategies heavily relies on reliable data, with 94% of technology leaders focusing more on data due to the ongoing AI trend [2] - Companies face challenges in selecting the right partners to unlock data value and drive AI projects amid rapid market changes [2] Group 1: Data Transformation Strategies - Companies can follow three actionable paths for successful data transformation: empowering critical business applications, transitioning from transactional to intelligent applications, and leveraging open ecosystems [3][5][7] - Only 34% of business leaders express high trust in their data, indicating a significant challenge in data integration and management [3] - Business data fabric can simplify data management by providing an integrated, semantically rich data layer, enabling easier access to trustworthy data [3] Group 2: SAP Business Data Cloud - SAP Business Data Cloud offers a fully managed SaaS solution that unifies and governs both SAP and third-party data, facilitating strategic data projects [4] - The "zero copy share" method of SAP Business Data Cloud reduces complexities in data environments, allowing companies to focus on transformative data initiatives [4] - SAP's intelligent applications, built on its extensive business process experience, are designed to embed smart capabilities directly into core business processes [5][6] Group 3: Importance of Open Ecosystems - Companies should choose vendors with an open ecosystem strategy to access diverse industry expertise and extend solutions across multiple cloud platforms [7] - SAP's partnership strategy exemplifies this approach, as seen in collaborations with Adobe and Moody's to enhance data insights and application capabilities [7] - The integration of data and AI is crucial for future business success, with companies viewing data as a strategic asset leading to a 28% higher AI adoption rate [8]

Core Insights - JA Worldwide and SAP have formed a global partnership to equip young people with essential skills for the evolving job market [1][2] - The initiative, named the Global Career Discovery Initiative, aims to provide structured learning experiences for youth aged 17 to 24 in over 30 countries [2][3] - The first year of the initiative is expected to reach more than 85,000 students and engage 800 SAP volunteers as mentors [3] Group 1: Partnership Details - The partnership builds on two decades of collaboration and combines JA's work-readiness curriculum with SAP's network of employee volunteers [2] - The initiative includes mentorship, career assessments, and immersive experiences with SAP leaders [2][4] - The program is designed to ensure that youth, particularly from underserved communities, learn to shape the future of work [3] Group 2: Goals and Impact - The initiative aims to prepare the workforce of the future by building confidence, digital fluency, and real-world readiness [4] - The partnership focuses on measurable outcomes and global impact while aligning global goals with local relevance [4] - JA Worldwide delivers over 19 million student learning experiences annually, emphasizing entrepreneurship, work readiness, and financial health [5] Group 3: Company Backgrounds - JA Worldwide operates with over 700,000 teachers and business volunteers, aiming to build a brighter future for the next generation [5] - SAP is a global leader in enterprise applications and business AI, trusted for over 50 years to enhance business-critical operations [6]

Core Insights - JA Worldwide and SAP have formed a global partnership to equip young people with essential skills for the evolving job market [1][2] - The initiative, named the Global Career Discovery Initiative, aims to provide structured learning experiences for youth aged 17 to 24 in over 30 countries [2][3] - The program will reach more than 85,000 students in its first year, engaging 800 SAP volunteers as mentors [3] Group 1: Partnership Details - The partnership builds on two decades of collaboration and combines JA's work-readiness curriculum with SAP's network of employee volunteers [2] - The initiative includes mentorship, career assessments, and immersive experiences with SAP leaders [2][4] - The program is designed to ensure that youth, particularly from underserved communities, learn to shape the future of work [3] Group 2: Goals and Impact - The partnership focuses on preparing the workforce of the future equitably and at scale, with measurable outcomes and global impact [4] - The initiative will be rolled out through JA's six regional operating centers, ensuring cultural adaptability across diverse communities [4] - JA Worldwide delivers over 19 million student learning experiences annually, emphasizing entrepreneurship, work readiness, and financial health [5] Group 3: Company Backgrounds - JA Worldwide is recognized for its scale and experience in providing educational opportunities to the next generation of innovators and leaders [5] - SAP is a global leader in enterprise applications and business AI, trusted by organizations for over 50 years [6]

Core Insights - Appian is expanding its sales leadership team to enhance its market presence and drive growth in the UK, Europe, the Middle East, and Africa (EMEA) [1] - The new appointments include Vicky Nesbit as SVP of Sales UK and EMEA, Vincent Perrin as VP of EMEA North, and Rob Cook as VP of EMEA North for Broad Markets and Public Sector [1][2][3][4] - The strategic hires are aimed at leveraging their extensive experience to innovate and deploy AI and process orchestration for organizational success [2] Company Overview - Appian has been providing a software platform for over 25 years, helping organizations improve processes, reduce costs, and enhance customer experiences [5][6] - The company serves many of the world's largest companies across various industries, emphasizing its commitment to client success [6]

Core Insights - ServiceNow (NOW) and Tyler Technologies (TYL) are key players in the cloud-based enterprise software market, focusing on different customer segments [1] - The digital transformation market is projected to reach approximately $4 trillion by 2027, with a CAGR of 16.2% from 2022 to 2027, benefiting both companies [2] ServiceNow Highlights - ServiceNow is experiencing increased adoption of its workflows, with 72 transactions exceeding $1 million in net new annual contract value (ACV) by Q1 2025 [3] - The company reported a 20% year-over-year growth in customers with over $5 million in ACV, totaling 508 customers [3] - The introduction of the Core Business Suite in May 2025 aims to enhance efficiency across various business operations [4] - ServiceNow's AI-driven solutions in Security and Risk are enhancing enterprise security and operational efficiency [5] - Expected subscription revenues for Q2 are between $3.03 billion and $3.035 billion, reflecting a year-over-year increase of 19% to 19.5% [6] Tyler Technologies Highlights - Tyler Technologies provides essential software for the public sector, focusing on stable revenue sources like property taxes [7] - The transition from outdated systems to cloud-based solutions is expected to increase Tyler's recurring revenues, which currently make up about 80% of total revenues [8] - Tyler has made 14 acquisitions in the last five years, with the acquisition of Computing System Innovations (CSI) enhancing its document processing capabilities [9][10] - The company projects full-year 2025 revenues between $2.31 billion and $2.35 billion, indicating an 8.94% year-over-year growth [11] Earnings and Valuation - The Zacks Consensus Estimate for ServiceNow's 2025 earnings is $16.54 per share, reflecting an 18.82% increase from fiscal 2024 [12] - Tyler's earnings estimate for 2025 has declined to $11.13 per share, suggesting a 16.54% growth over 2024 [12] - Both companies have consistently beaten earnings estimates, with ServiceNow showing a higher average surprise of 6.61% compared to Tyler's 3.82% [13] - Year-to-date, ServiceNow shares have declined by 4.4%, while Tyler shares have increased by 1.9% [14] - In terms of valuation, both companies are considered overvalued, with Tyler trading at a forward Price/Sales ratio of 10.48X, lower than ServiceNow's 14.99X [17] Conclusion - Both ServiceNow and Tyler Technologies are positioned to benefit from the demand for digital transformation despite macroeconomic challenges [19] - ServiceNow holds a competitive advantage with a stronger portfolio and partner base, while Tyler faces challenges from competition and economic conditions [19]

Core Insights - Order.co has appointed Larry Robinett as Head of Workday Accounts & Alliances to enhance strategic partnerships and increase the adoption of its Workday Built integration [1][3] Company Overview - Order.co is a leading B2B Ecommerce platform that simplifies business buying by integrating online shopping with purchase order and accounts payable automation [6] - The company was founded in 2016 and is headquartered in New York City, having raised $70 million in funding from notable investors [7][8] Leadership Background - Larry Robinett brings over 20 years of experience in enterprise software and strategic alliances, particularly within the Workday ecosystem, previously serving as Vice President of Sales and Partner Alliances at Ascend Software [2][4] Integration Benefits - The Workday Built integration allows customers to streamline procurement processes, enhancing control, efficiency, and cost savings [3][4] - Customers can utilize Integrated Search to purchase items from approved suppliers directly within the Workday portal, which simplifies the requisition process and reduces manual data entry [4][5] Customer Impact - Companies like WeWork and Hugo Boss have leveraged Order.co to centralize purchase-to-pay workflows, achieving an average savings of 5% on products [7] - The integration has been praised for saving time, effort, and money, as noted by Kyle Ingerman, Finance Transformations Senior Manager at WeWork [5] Workday Partnership - Order.co is recognized as a Workday Select Partner, collaborating closely with Workday to develop an embedded B2B Ecommerce experience within the Workday platform [4]

Core Insights - Two enterprise software giants, Oracle and Intuit, are gaining investor attention as AI transforms business solutions [1][2] - Both companies are integrating AI capabilities into their platforms to drive growth and have shown strong financial performance [1][2] Oracle (ORCL) Overview - Oracle is focusing on large enterprise customers with comprehensive cloud infrastructure and database solutions [2] - The company reported a 27% increase in total cloud revenues to $6.7 billion and a 52% surge in infrastructure-as-a-service revenues to $3 billion [4] - Remaining performance obligations reached $138 billion, a 41% year-over-year increase, indicating strong revenue visibility [4] - Oracle's multi-cloud strategy allows customers to run databases across various platforms, addressing market needs for flexibility [5] - The company plans to increase capital expenditures to over $25 billion in fiscal 2026 to meet demand, which may pressure near-term cash flows [6] - The Zacks Consensus Estimate for fiscal 2026 earnings is $6.71 per share, reflecting a 1.1% increase over the past 30 days [7] Intuit (INTU) Overview - Intuit is experiencing growth driven by its AI-driven transformation of financial software solutions, with a 15.1% revenue increase [8] - The company has a recurring revenue model, with 77% of total revenues coming from subscriptions, providing stability [11] - TurboTax Live segment is expected to see 24% customer growth and 47% revenue growth for the fiscal year [11] - Intuit's partnership with Google Cloud enhances its tax preparation capabilities, and its upcoming AI agents promise to revolutionize small business operations [10] - The Zacks Consensus Estimate for fiscal 2025 earnings is $20.06 per share, up 0.4% over the past 30 days [12] Valuation and Performance Comparison - Oracle shares have gained 27.7% year to date, outperforming Intuit's 23% rise [13] - Intuit commands a higher valuation premium with a price-to-sales ratio of 10.4x compared to Oracle's 8.89x [16] - Intuit's predictable subscription revenue model and expanding total addressable market justify its higher valuation [16] Investment Conclusion - Intuit is positioned as the superior investment opportunity for the second half of 2025 due to its AI-driven platform strategy and diversified revenue streams [19] - The focus on the underserved small-to-medium business market presents a larger growth runway compared to Oracle's enterprise approach [19] - Investors are advised to buy Intuit stock to capitalize on its growth trajectory while holding Oracle for a better entry point [19][20]

18 June 2025 | 12:37AM HKT Kingdee (0268.HK): AI agent 2.0 to empower financial/ travel/ HR/ knowledge AI; profitability improvement remains key focus; Buy We reiterate our Buy rating on Kingdee on release of Cosmic Agent 2.0 platform, which has features covering financial, travel, recruiting etc., which is empowered by multiple AI foundation models. We expect the company to continue expanding agents to AI sales, AI operations, AI decision-making etc., and enable AI agents to provide customized experiences ...

Core Insights - The S&P 500 has nearly recovered from a 19% drop due to tariffs, but many enterprise software stocks, including Datadog and Workiva, have not returned to their 2021 highs [1][2] Datadog - Datadog offers an observability platform that monitors cloud infrastructure, with over 30,500 businesses using its services across various industries [4] - The company has expanded into AI observability, with customer usage of its new AI tool more than doubling in the first quarter of 2025 compared to six months prior [5] - Datadog reported that 4,000 customers were using at least one of its AI products in Q1 2025, also doubling year over year [6] - Following strong Q1 results, Datadog raised its full-year revenue forecast for 2025 to $3.235 billion, representing a 21% growth from 2024 [7] - The price-to-sales (P/S) ratio for Datadog has decreased from around 70 in 2021 to 15.5, making it more attractive compared to its historical valuation [8] - Analysts are optimistic, with 31 out of 46 assigning a buy rating, and an average price target of $140.72 indicating a potential upside of 15% over the next 12 to 18 months [10] Workiva - Workiva provides a platform that integrates various digital applications, allowing managers to streamline workflows and reduce human error [11][12] - The company is becoming significant in the ESG reporting space, helping businesses track their impact on stakeholders [13] - Workiva had 6,385 customers at the end of Q1 2025, a 5% increase year-over-year, with higher-spending customer segments growing even faster [14] - The company expects to generate up to $868 million in revenue for 2025, a 17.5% increase compared to 2024 [15] - Workiva's P/S ratio is currently at 4.8, near its lowest level since going public [15] - Analysts are bullish on Workiva, with 11 out of 13 giving it a buy rating and an average price target of $97.64, suggesting a potential upside of 44% over the next 12 to 18 months [17][18]

Core Insights - Broadcom has announced the general availability of VMware Cloud Foundation (VCF) 9.0, a modern private cloud platform that integrates agility and scalability of public cloud with the security and cost benefits of on-premises environments [1][2] - VCF 9.0 supports a unified operating model for various applications, including traditional, modern, and AI workloads, enhancing innovation and operational efficiency for enterprises [2][4] Product Features - VCF 9.0 introduces a single unified platform that simplifies deployment and operations, allowing enterprises to focus on higher-value projects rather than maintaining infrastructure [2][3] - The platform features a new architecture that streamlines the experience for building, operating, and securing private clouds across various environments [4][5] - A unified interface for cloud administrators enhances operational efficiency, enabling scalable fleet management and centralized identity management [5][6] Cost Management - VCF 9.0 provides superior cost transparency and predictability compared to public cloud, offering comprehensive insights into total cost of ownership (TCO) [8] - Built-in analytics facilitate predictive cost modeling and automated resource optimization, helping organizations manage cloud spending effectively [8] Security and Compliance - The platform is designed to ensure data sovereignty and security, featuring a new SecOps dashboard for monitoring compliance and security controls [9] - VCF 9.0 supports the latest confidential computing technologies, allowing organizations to deploy secure workloads across diverse infrastructures [9] Customer Outcomes - Customers report significant operational improvements, such as a 70% reduction in IT manual tasks through automation and a 25-30% decrease in power consumption and costs due to increased server performance [2][10] - The platform enables faster deployment of applications and security patches, enhancing overall business resilience [2][10] Advanced Services - VCF 9.0 includes advanced services that accelerate innovation in private cloud environments, providing tools similar to those available in public cloud [11] - New solutions such as VMware Private AI Foundation and VMware Live Recovery enhance capabilities for AI workloads and disaster recovery [13][14] Partner Ecosystem - Broadcom collaborates with partners like AMD, Microsoft, and Intel to enhance the performance and security of VCF 9.0, ensuring it meets the evolving needs of enterprises [12][14]