Browsing Tag
SAP
70 posts
Wrkr recurring revenue reaches A$17m as Payday Super adoption surges, but cash burn remains high
Wrkr has reported rapid adoption of its Australian superannuation payments platform, with active employers more than doubling and annualised recurring revenue reaching A$17 million, although the transition from onboarding to transaction-based revenue has yet to deliver positive operating cash flow.
SAP to buy TechWolf as AI makes workforce skills data a strategic software asset
SAP has agreed to acquire Belgian workforce-intelligence specialist TechWolf, adding an artificial intelligence platform that maps employee tasks, skills and labour-market data as companies prepare for increasingly disruptive workplace automation.
Persistent Systems (NSE: PERSISTENT) Q1 FY27 revenue rises 16.1% as record $1.15bn TCV raises the execution bar
Persistent Systems delivered its 25th consecutive quarter of sequential revenue growth, but the record order book was heavily influenced by one unusually large contract as the company prepares for the proposed Nagarro combination.
Why ImagineX’s Payteros acquisition could solve the hardest part of payment modernisation
ImagineX’s acquisition of Payteros adds enterprise payments deployment, SAP integration and order-to-cash expertise to its software, data and artificial intelligence platform, but the strategic payoff will depend on converting complementary capabilities into larger and more repeatable client engagements.
Razor Labs launches DataMind AI 5.0 as mining AI moves from failure alerts to maintenance execution
Razor Labs is extending DataMind AI beyond predictive warnings into investigation, collaboration and fault-resolution workflows, but recurring contracts and cash discipline remain the investor test.
Europe has a robotics unicorn, now Humanoid must prove the machines can work
Humanoid’s $152 million Series A gives the UK robotics startup a $1.35 billion valuation, but the real test is whether industrial humanoids can move from promise to reliable deployments at manufacturing and logistics sites.
SAP (NYSE: SAP) jumps 9% as cloud backlog calms AI disruption fears
SAP stock jumped 9% as cloud backlog reached €22.9 billion. Can business AI, acquisitions and free cash flow sustain the recovery?
Parloa turns $350m Series D momentum into enterprise AI partnerships and global expansion push
Find out how Parloa is using its $350m Series D momentum to scale enterprise AI agents, partnerships, research and global expansion.
SAP (NYSE: SAP) bets €1bn on Prior Labs and Dremio as enterprise AI strategy widens
SAP is spending over €1 billion to build a European frontier AI lab. The harder question is whether tabular models can outflank Microsoft and Snowflake.
Arm Performix launches as Arm Holdings (NASDAQ: ARM) extends agentic AI play beyond silicon
Arm built the silicon. Now it wants to own the optimisation layer above it. Performix is free, agent-ready, and aimed squarely at the x86 migration question.