SAP’s Bill McDermott named new ServiceNow CEO
Just days after revealing he would not renew his contract with SAP, outgoing CEO Bill McDermott is set to step into a new role as president and CEO of ServiceNow.
Just days after revealing he would not renew his contract with SAP, outgoing CEO Bill McDermott is set to step into a new role as president and CEO of ServiceNow.
As CEO Bill McDermott steps down, SAP appears well-placed to ramp up its investment in partner enablement for cloud solutions sales.
The CEO of SAP is stepping down after almost a decade as the business battles through a turbulent year of restructuring and lay-offs.
SAP is expecting a major improvement in margins next year as the German business software group reported a 21 per cent decline in second-quarter operating profit.
SAP CEO Bill McDermott is going on two months as the first American to hold the company's top job, and has been quick to make his mark with a pledge to simplify the company's software, operations and interactions with customers.
SAP's pending return to a single CEO structure is the right move at the right time, according to co-founder and Chairman Hasso Plattner and co-CEO Jim Hagemann Snabe, who is planning to leave his post next May and join the company's Supervisory Board.
Cloud-based human resources software vendor SuccessFactors said Tuesday it is acquiring Jobs2web for US$110 million, just days after <a href="http://www.computerworlduk.com/news/applications/3322680/update-2-sap-buys-successfactors-for-34-bn-to-boost-cloud-offering/">SAP announced</a> it would buy SuccessFactors in a $3.4 billion deal.
SAP's US$3.4 billion purchase of SuccessFactors not only gives the company an increasingly popular set of on-demand human resources applications, but could also bring its entire cloud software portfolio into a new focus.
Having gone through a <a href="http://www8.hp.com/us/en/company-information/executive-team/formerceos.html">rash of CEOs</a> in the past 10 to 15 years, Hewlett-Packard may soon find itself looking for yet another new chief, despite just tapping Meg Whitman for that job this week.