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SAP invests more in clouds
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Old 4th February 2018, 06:45   #1
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Default SAP invests more in clouds

Strategic transition in Callidus

The maker of expensive management software which is so esoteric few people know what it does has designed to invest $2.4 billion to get more practical about clouds.

SAP has announced a $2.4 billion acquisition of Callidus to help it boost revenues from its cloud platform and CEO Bill McDermott said it would streamline its overall business this year to bolster margins.
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