SAP's profit gets boost from software spending

German business software supplier SAP has reported a 23% increase in first-quarter net income boosted by increased software...

German business software supplier SAP has reported a 23% increase in first-quarter net income boosted by increased software spending, particularly in the US.

Net income rose to €229m (£154m) from €186m a year earlier.

Total revenue in the first quarter increased 2% to €1.56bn from €1.52bn a year earlier.

Software revenue increased 5% to €370m from €352m. In the US, software revenue rose 45% to €103m.

SAP's flagship ERP software continued to account for the bulk of software revenue. The product generated revenue of €156m or 42% of the group's total software revenue.

The outlook for 2004 remains unchanged, SAP said. Software revenue is expected to increase by around 10% compared with 2003.

John Blau writes for IDG News Service

Surveillance technology under fire, amid growing societal concerns

As San Francisco halts city use of facial recognition technology, CIOs could see more regulatory actions against surveillance ...

Deep learning pioneer Fei-Fei Li on the fundamentals of ethical AI

AI luminary Fei-Fei Li was among a group of distinguished AI researchers asked to share their thoughts on how to develop ethical ...

Andrew Ng's AI playbook for the enterprise: 6 must-dos

AI legend and online education pioneer Andrew Ng has developed an AI playbook for businesses. Here are six must-dos.

SearchSecurity

Barracuda Advanced Bot Protection safeguards web applications

Advanced Bot Protection is a cloud-hosted platform that defends against automated threats using AI. It is available as both a web...

Microsoft bets on ElectionGuard SDK to fortify election security

Ahead of the 2020 elections, Microsoft unveiled ElectionGuard, an open source SDK designed to provide end-to-end verification of ...

10 ways to prevent computer security threats from insiders

Whether via the spread of malware, spyware or viruses, insiders can do as much damage as outside attackers. Here's how to prevent...

SearchNetworking

Huawei ban will hasten its retreat from U.S. suppliers

The Huawei ban will spur a faster retreat from U.S. suppliers, as the Chinese tech company invests more in its manufacturing ...

Cisco vulnerability fix for thrangrycat carries risks

The Cisco vulnerability fix for thrangrycat could make affected hardware unusable. But the vendor said its ready to replace ...

The status of white box networking in the enterprise

Despite the benefits of white box networking, most enterprises are cautious about deployment. Use these five questions to ...

SearchDataCenter

How do I size a UPS unit?

Your data center UPS sizing needs are dependent on a variety of factors. Develop configurations and determine the estimated UPS ...

How to enhance FTP server security

If you still use FTP servers in your organization, use IP address whitelists, login restrictions and data encryption -- and just ...

3 ways to approach cloud bursting

With different cloud bursting techniques and tools from Amazon, Zerto, VMware and Oracle, admins can bolster cloud connections ...

SearchDataManagement

The main picks for Hadoop distributions on the market

Check out the current top Hadoop distribution vendors in the market to help you determine which product is best for your company.

Inside view of Tibco integration architecture planning

Tibco's acquisitions of well-regarded, small software specialists such as SnappyData are part of a drive toward what it calls '...

Lumina launches Radiance, a data risk management platform

In an effort to prevent data loss, Lumina launched Radiance, a SaaS data risk management platform. It collects and analyzes data ...

Read more on Business applications

Start the conversation

0 comments

Register

Login

Forgot your password?

Your password has been sent to:

Please create a username to comment.