
Articles
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2 months ago |
forrester.com | Leslie Joseph |Sandy Carielli |Akshara Naik Lopez
This blog post follows several others by my excellent colleagues at Forrester who have previously offered various approaches to thinking about, and understanding, Deepseek-R1. Last week saw the unmatched hysteria surrounding DeepSeek’s release of an open-source model that purportedly matches GPT-4’s capabilities at a fraction of the cost. Now that the dust is settling, it’s helpful to take a step back and understand all the kerfuffle in proper context.
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2 months ago |
forrester.com | Akshara Naik Lopez |Alvin Nguyen
IBM has had a very busy and prolific acquisition season. It acquired two Oracle consulting firms within the span of last four to five months. Applications Software Technology LLC (AST):On Jan 16, IBM announced its intent to acquire Applications Software Technology LLC, a global Oracle consultancy.
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2 months ago |
forrester.com | Akshara Naik Lopez |Carlos Casanova
As reported by several media outlets and confirmed by SAP CEO, Christian Klein, during its Q4 2024 earnings call, SAP will offer an additional 3 years of support for some on-premises ERP customers beyond the existing extended maintenance support of 2030. This news came as a surprise for many ERP customers globally who have been struggling to plan and complete their ECC to S/4HANA migrations under the RISE with SAP offering before end of 2027, which is the current mainstream maintenance end date.
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2 months ago |
forrester.com | Akshara Naik Lopez |Carlos Casanova |Naveen Chhabra
SAP reported better-than-expected Q4 2024 financial results and raised its full-year operating profit forecast as demand for artificial-intelligence systems continues. On top of beating expectations, SAP said it now expects 2025 operating profit to be between €10.3 billion to €10.6 billion, above previous estimates of approximately €10 billion. Its current cloud backlog of €18.08 billion is up 32%. Cloud revenue is up 27% to €4.71 billion and Cloud ERP Suite revenue is up 35% to €3.95 billion.
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Oct 28, 2024 |
forrester.com | Akshara Naik Lopez |Laura Cross |Sam Higgins
In a surprising turn of events for ERP customers globally, as part of its Q3 2024 financial results, ServiceNow announced a new expanded partnership with one of the most popular third-party software support providers, Rimini Street. Both the companies are creating a new enterprise software model which will allow existing on-premises ERP systems and other enterprise applications to add new AI innovations using ServiceNow’s AI platform.
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