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February 22, 2012 09:16 pm GMT
SAP dropped a whopping $3.4 billion on human capital management software company SuccessFactors back in December. Two months later, the deal has finally closed and SAP isn't wasting any time in releasing a product roadmap for SuccessFactors now that the company is part of the SAP family.As the New York Times reported back in December, SAP saw SuccessFactors as one entry point into the cloud. Forrester analyst Paul Hamerman told the publication at the time that "The cloud has been a small part of SAPs revenue stream, about 2 percent; the deal adds to the revenue base and shows SAPs strong commitment to the software-as-a-service business model.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0rbDAZQWgHQ/
After Closing $3.4B Acquisition Of SuccessFactors, SAP Pushes Human Capital Management In The Cloud
SAP dropped a whopping $3.4 billion on human capital management software company SuccessFactors back in December. Two months later, the deal has finally closed and SAP isn't wasting any time in releasing a product roadmap for SuccessFactors now that the company is part of the SAP family.As the New York Times reported back in December, SAP saw SuccessFactors as one entry point into the cloud. Forrester analyst Paul Hamerman told the publication at the time that "The cloud has been a small part of SAPs revenue stream, about 2 percent; the deal adds to the revenue base and shows SAPs strong commitment to the software-as-a-service business model.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/0rbDAZQWgHQ/
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