SAP said on October 6 it has agreed to acquire TechWolf, a Ghent-based company whose software maps the tasks and skills inside an organisation from its existing HR and business systems. TechWolf joins the SuccessFactors portfolio but stays a separate entity…
Finance angle SAP did not give a price, so there is no figure to set against its earnings; the effect on its accounts is small. The finance angle is where the product sits: SuccessFactors is SAP's HR cloud line, and data on which tasks employees actually do is what an AI agent needs before a customer pays for it to take work over.…
SAP reported second-quarter total revenue of €9,878 million and cloud revenue of €6,281 million, with cloud revenue up 22% and its current cloud backlog up 27% to €22.9 billion. The company lowered its 2026 non-IFRS operating profit outlook to €11.8…
Finance angle SAP is paying for AI capability out of this year's profit: the two acquisitions take more than €100 million off its 2026 operating profit outlook, now €11.8-12.2 billion. Against that, a current cloud backlog of €22.9 billion, growing 27%, is contracted revenue for the next twelve months from customers moving their…
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