Tag: sap
And then there was one: Co-CEO Jennifer Morgan to depart SAP
In a surprising move, SAP ended its co-CEO experiment yesterday when the company announced Jennifer Morgan will be exiting stage left on April 30th, leaving Christian Klein as the lone CEO. The pair took over at the end of last year when Bill McDermott left the company to become CEO…
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ServiceNow pledges no layoffs in 2020
You don’t need your PhD in economics to know the economy is in rough shape right now due to the impact of COVID-19, but ServiceNow today pledged that it would not lay off a single employee in 2020 — and in fact, it’s hiring. While Salesforce’s Marc Benioff pledged no…
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How the information system industry became enterprise software
Aziz Gilani Contributor Aziz Gilani is a Managing Director at Mercury, where he focuses on investments in enterprise SaaS, Cloud and data science startups. More posts by this contributor The True Impact Of The Snapchat Writedown For Entrepreneurs If you were a software company employee or venture capitalist in Silicon…
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Thomas Kurian on his first year as Google Cloud CEO
“Yes.” That was Google Cloud CEO Thomas Kurian’s simple answer when I asked if he thought he’d achieved what he set out to do in his first year. A year ago, he took the helm of Google’s cloud operations — which includes G Suite — and set about giving the…
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Tradeshift cuts headcount by three figures in effort to turn towards profitability
Last month, Tradeshift, a platform for supply chain payments that has achieved unicorn status in recent years, had some good news and some bad news. It announced a Series F funding round of $240 million in equity and debt, raised from a combination of existing and new investors. It’s now…
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