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Thursday, July 09


News

European shares rise on SAP's upbeat outlook, China rally

SAP

European shares rise on SAP's upbeat outlook, China rally. (Reuters) - European stocks rose on Thursday as software giant SAP signalled a rebound in its business from a coronavirus hit and China's stock markets extended a rally, supporting risk sentiment in the continent. The broader European equities index rose 0.3%, with technology stocks .SX8P surging 2.2% on the back of a fresh record high for SAP. "We are in a position where companies can surprise positively versus expectations because the bar has come down quite sizeably for this year and activity has picked up substantially in the last two months," said Guy Miller, chief market strategist at Zurich Insurance Co. "The question is what happens from here. The more challenging period will be when we get into the autumn months - if can we keep the pace of recovery up or have we just had a knee-jerk rebound."

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Rolls Royce drags on the FTSE100, as SAP Boosts the DAX

SAP RR

After two successive negative European sessions, markets here in Europe have taken their cues from yesterday’s recovery in US markets and this morning’s positive Asia session, opening modestly higher, though still well off their peaks from Monday, and struggling to make much in the way of headway early on. If anything, the rising coronavirus case count in the US, is helping to weigh down any confidence in a more global recovery in equity markets, however on the plus side there doesn’t appear to be any evidence of a second wave here in Europe so far as various lockdown measures continue to get eased. While this is positive for markets in Europe the lack of any imminent agreement between EU leaders on any pandemic recovery fund appears to be deterring a wholesale move of capital back into European markets for the time being. Good progress has been made in reducing one-off costs with £300m achieved in H1, with another £700m expected by the end of 2020. The company also said it would be taking a charge of £1.45bn over the next 6 years, in respect of reducing the size of its hedge book, with £100m of that charge being taken this year and £300m in 2021 and 2022, and then £750m spread over 2023 to 2026. This morning German software giant SAP reported an improvement on its Q1 numbers, with cloud revenues rising 21% in Q2, driven by improvements in its Asia markets.

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European shares rise after SAP's reassuring outlook

SAP

(For a live blog on European stocks, type LIVE/ in an Eikon news window). July 9 (Reuters) - European stocks rose on Thursday as software giant SAP signalled a rebound in its business from a coronavirus hit, while optimism over China's recovery helped Germany outperform. SAP jumped 6.5% after the German group confirmed its full-year outlook and said business activity gradually improved in the second quarter from the effects of a global lockdown. China-exposed miners, luxury stocks and automakers all rose, drawing comfort as a rally in Shanghai shares extended to the eighth day on hopes of a faster recovery for the world's second largest economy.

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Tuesday, June 23


News

Capgemini Introduces New FAST Commerce Solutions for Businesses to Quickly Develop and Launch Digital Experiences at Scale on SAP Commerce Cloud

CAP SAP

"Our technology partnerships, coupled with deep industry expertise help us to deliver on our comprehensive portfolio of digital experience solutions across sales, service, marketing, and commerce." This rapid deployment solution is part of Capgemini’s Customer Experience focus: its digital customer experience (DCX) practice has a well-established history of getting transactional sites to market faster, enabling clients to test new products or services, new markets, and direct-to-consumer options. "Their vision for creating superior customer experiences and overall digital transformations is exemplary in our industry, and this new solution builds on that by allowing our business users to launch new sites in an expedited timeframe." As an SAP global partner, Capgemini is one of the world’s largest and most experienced SAP systems integrators, with more than 20,000 SAP practitioners worldwide and over 40 years of experience. A global leader in consulting, technology services and digital transformation, Capgemini is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms.

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CenturyLink Extends SAP Alliance to Serve Singapore Customers

SAP CTL

The strategic initiative will enable business enterprises to have seamless access to SAP business management solutions along with managed end-to-end applications, hybrid cloud and edge capabilities of CenturyLink's secure, global network.Per the global alliance, CenturyLink is equipped to offer support for SAP solutions and services deployed on public and private clouds, including SAP S/4HANA implementations. With a plethora of support services for consulting, implementation and ongoing management of the SAP ecosystem, the company aims to reduce complexity with its application-centric automation tools for standardizing deployments and infrastructure configuration. The communications company intends to transform business operations through product evolution and digitization of customer interactions, which augurs well for revenues.CenturyLink is focused on improving operational efficiencies through a number of methods, including network simplification and rationalization. Notably, the company views its managed and cloud services as a key differentiator from other players in the market, which should boost the top line.CenturyLink continues to focus on four key areas — investing in growth through product and network expansions, delivering enhanced customer experience across businesses, transforming operations to improve efficiency and employee experience, and deleveraging to strengthen its balance sheet.

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LTI to Launch Accelerated Migration Program for SAP-Based Enterprises With Amazon Web Services

SAP

MUMBAI, India , June 23, 2020 /CNW/ -- Larsen & Toubro Infotech (BSE code: 540005) (LTI.NS), a global technology consulting and digital solutions company, today announced an Accelerated Migration Program for customers of SAP with Amazon Web Services (AWS). As part of this program, LTI will help customers move their SAP® ERP, SAP S/4HANA®, and other SAP workloads from on-premise to AWS leveraging its intelligent, automated, migration acceleration platform and services. To enable faster migration to AWS, the program offers Discovery Module, Build and Deployment Module, and Validation Module to enterprises across industry segments. The Add-on components of the program include an SAP profiler, analyzer for SAP S/4HANA, Auto-code remediation for SAP HANA® compliance, Security Module and Smart Testing module with a vast repository of test scenarios and test cases. "LTI has a successful track record of enabling AWS cloud transformations across highly complex SAP customer landscapes," said Siddharth Bohra , Chief Business Officer, Tech, Media, Consumer & Head of Digital and Analytics, LTI.

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LTI to Launch Accelerated Migration Program for SAP-Based Enterprises With Amazon Web Services

SAP

MUMBAI, India, June 23, 2020 /PRNewswire/ -- Larsen & Toubro Infotech (BSE code: 540005) (NSE: LTI), a global technology consulting and digital solutions company, today announced an Accelerated Migration Program for customers of SAP with Amazon Web Services (AWS). As part of this program, LTI will help customers move their SAP® ERP, SAP S/4HANA®, and other SAP workloads from on-premise to AWS leveraging its intelligent, automated, migration acceleration platform and services. To enable faster migration to AWS, the program offers Discovery Module, Build and Deployment Module, and Validation Module to enterprises across industry segments. The Add-on components of the program include an SAP profiler, analyzer for SAP S/4HANA, Auto-code remediation for SAP HANA® compliance, Security Module and Smart Testing module with a vast repository of test scenarios and test cases. "LTI has a successful track record of enabling AWS cloud transformations across highly complex SAP customer landscapes," said Siddharth Bohra, Chief Business Officer, Tech, Media, Consumer & Head of Digital and Analytics, LTI.

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CenturyLink and SAP Extend Global Alliance to Singapore

SAP CTL

SINGAPORE, June 23, 2020 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL), today announced that it has entered into an agreement to expand its global SAP alliance to Singapore. This extension allows customers to access SAP business management solutions supported by managed end-to-end applications, hybrid cloud and edge capabilities and backed by CenturyLink's secure, global network. Ignatius Wong, director, product management, hybrid cloud and IT solutions, CenturyLink Asia Pacific said: "In Singapore, businesses operate in one of the most connected economies in the world. Organizations rely on their data to differentiate on a global scale, and access to accurate information in real time is imperative for success. The extension of this global alliance to Singapore means that customers here can access the entire SAP solution stack from the network level up through application support through CenturyLink, providing a competitive advantage." "As crises take hold, technology plays a crucial role in helping businesses weather economic uncertainties. The extended partnership with CenturyLink is more important than ever as we assist businesses in Singapore to minimize disruption and support business continuity," said Eileen Chua, managing director, SAP Singapore.

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Monday, June 22


News

Secure-24 Announces an Amazon Web Services® SAP Migration Factory

SAP

Enhances ability to Accelerate SAP Migrations on Amazon Web Services. SOUTHFIELD, Mich., June 22, 2020 /PRNewswire/ -- Secure-24, part of the Managed Services division of NTT Ltd., today announced that it has established an Amazon Web Services (AWS) SAP Migration Factory. The SAP Migration Factory on AWS is a comprehensive approach of best practices, processes, tools and technologies to help CIOs select and execute the migration strategy that best fits their business strategy. "The landscape for SAP can be diverse and complex across hybrid and multi-cloud deployments. As our clients come to us for guidance on how to deploy SAP-centric workloads, Secure-24 will leverage SAP Migration Factory on AWS for an expediated non-disruptive journey to the cloud," said Len Landale, SVP, ERP/Applications, Secure-24 | NTT. Secure-24 is an SAP-certified cloud and infrastructure, hosting, and SAP HANA operations services provider, a Microsoft Gold Partner, and an Oracle Gold Partner managing Oracle E-Business Suite, PeopleSoft, JD Edwards and Hyperion applications across all industries for businesses of every size.

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Accenture Recognized as a Leader Among SAP® Services Providers

SAP ACN

Accenture (NYSE: ACN) is named a Leader in Forrester’s latest report1 on SAP services providers. The report notes, "The firm has a decades-long, uninterrupted track record of close collaboration with SAP and continues to do significant co-development in newer areas, such as [SAP] S/4HANA and cloud," adding that "Accenture has made substantial investments in tools and accelerators to reduce risk and speed implementation time," and that the company’s "breadth and global reach is unique." "We are laser-focused on helping our clients solve immediate business challenges and delivering SAP solutions at speed, using our combined expertise across strategy and consulting, industry, technology and operations. At the same time, we are also focused on enabling our client’s intelligent enterprise transformations leveraging cloud and SAP S/4HANA capabilities." Accenture is a leading global professional services company, providing a broad range of services in strategy and consulting, interactive, technology and operations, with digital capabilities across all of these services.

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