"SAP is off target by about €2 billion five years after launching its rescue plan to lift ERP users to the cloud and switch them to the latest software."
"Mainstream support for its widely used legacy ERP software ECC ends in 2027, with over 10,000 SAP customers expected to continue using it until at least 2030."
"Thomas Saueressig will expand his role to lead the new Customer Value Group, focusing on the growth of SAP's cloud and AI-powered solutions."
"CEO Christian Klein is setting up a new unit to encourage AI adoption and introduce a new way of charging for AI consumption."
SAP is redirecting its efforts towards AI and cloud solutions, moving away from its previous challenges in meeting legacy software and cloud migration goals. Thomas Saueressig will lead the new Customer Value Group to enhance cloud and AI offerings. CEO Christian Klein is establishing a unit to promote AI adoption and new pricing models. Despite a rescue plan initiated five years ago, SAP is approximately €2 billion off target for cloud migration, with many customers still reliant on legacy ERP software, ECC, which will lose mainstream support by 2027.
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