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Qualtrics CEO Ryan Smith is buying majority stake in the Utah Jazz for $1.6B

Qualtrics CEO Ryan Smith is buying majority stake in the Utah Jazz for .6B The Utah Jazz, an NBA basketball team based in Salt Lake City, announced today that Qualitrics CEO and co-founder Ryan Smith was buying a majority stake in the team along other properties. ESPN is reporting the deal is […]

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SAP shares fall sharply after COVID-19 cuts revenue, profit forecast at software giant

SAP shares fall sharply after COVID-19 cuts revenue, profit forecast at software giant SAP announced its Q3 earnings yesterday, with its aggregate results down across the board. And after missing earnings expectations, the company also revised its 2021 outlook down. The combined bad news spooked investors, crashing its shares by over 20% […]

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SAP continues to build out customer experience business with Emarsys acquisition

SAP continues to build out customer experience business with Emarsys acquisition SAP seemed to be all in on customer experience when it acquired Qualtrics for $8 billion in 2018. It continued on that journey today when it announced it was acquiring Austrian cloud marketing company Emarsys for an undisclosed amount of money. […]

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SAP decision to spin out Qualtrics 20 months after spending $8B surprises industry watchers

SAP decision to spin out Qualtrics 20 months after spending B surprises industry watchers When SAP announced it was spinning out Qualtrics on Sunday, a company it bought less than two years ago for an eye-popping $8 billion, it was enough to make your head spin. At the time, then CEO Bill […]

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Why is SAP spinning Qualtrics out via an IPO?

Why is SAP spinning Qualtrics out via an IPO? Over the weekend, software giant SAP announced that it will take Qualtrics public, with the German software company retaining a majority stake in the Utah-based “experience management” firm after its forthcoming debut. SAP paid $8 billion in cash for Qualtrics back in 2018, […]

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SAP will spin out its $8B spin-in Qualtrics acquisition

SAP will spin out its B spin-in Qualtrics acquisition Well, this isn’t a story you see every day. Less than two years after German software giant SAP snatched experience management platform Qualtrics for $8 billion days before the startup’s IPO debut, it has now decided to spin out the company in a […]

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Cloud Foundry renews its focus on developer experience as it looks beyond the enterprise

Cloud Foundry renews its focus on developer experience as it looks beyond the enterprise The Cloud Foundry Foundation (CFF) just went through a major leadership change, with executive director Abby Kearns stepping down after five years (and becoming a CTO at Puppet) and the CFF’s CTO Chip Childers stepping into the top […]

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And then there was one: Co-CEO Jennifer Morgan to depart SAP

And then there was one: Co-CEO Jennifer Morgan to depart SAP In a surprising move, SAP ended its co-CEO experiment yesterday when the company announced Jennifer Morgan will be exiting stage left on April 30th, leaving Christian Klein as the lone CEO. The pair took over at the end of last year […]

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Thomas Kurian on his first year as Google Cloud CEO

Thomas Kurian on his first year as Google Cloud CEO “Yes.” That was Google Cloud CEO Thomas Kurian’s simple answer when I asked if he thought he’d achieved what he set out to do in his first year. A year ago, he took the helm of Google’s cloud operations — which includes […]

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Google brings IBM Power Systems to its cloud

Google brings IBM Power Systems to its cloud As Google Cloud looks to convince more enterprises to move to its platform, it needs to be able to give businesses an onramp for their existing legacy infrastructure and workloads that they can’t easily replace or move to the cloud. A lot of those […]

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