We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
SAP SE Extends Ties with Fujitsu to Improve ERP Solutions
Read MoreHide Full Article
SAP SE (SAP - Free Report) recently announced that it has extended ties with Japan-based information and technology behemoth, Fujitsu Limited, to launch advanced enterprise resource-planning (“ERP”) solutions based on artificial intelligence (“AI”) and the Internet of Things (IoT).
The technology behemoths remain optimistic that their combined strength will help them roll out innovative services first in the manufacturing space and foray into other industries thereafter. SAP believes its cutting-edge software, when combined with Fujitsu’s profound industry-specific expertise, will enhance its ERP solution portfolio over the long term.
The two companies have plans to co-develop industry-vertical-oriented cloud services, which will be eventually delivered by Fujitsu. SAP and Fujitsu have decided to launch their offerings first in Asia, beginning with Japan, before venturing to European and North American markets. SAP and its partner believe that these offerings will accelerate the pace of digital transformations of their clients.
In this deal, while SAP brings its innovative solutions — including S/4HANA & SAP Leonardo IoT platforms — to the table, Fujitsu will offer its proprietary cloud services that have earned a solid reputation among multiple industries. The newly developed services will run on Fujitsu Cloud Service K5, SAP Cloud Platform and SAP HANA Enterprise Cloud.
Of late, SAP has been making concerted efforts to create a suite of powerful next-generation and leading-edge cloud enterprise ERP solutions through complimentary partnerships. Last year, it inked a partnership with Accenture plc (ACN - Free Report) to accelerate the core development and go-to-market capabilities of cloud-powered SAP S/4HANA. The enterprise application-software provider follows an open ecosystem strategy, which enables it to better leverage its innovation capacity by extending it to partners as well.
Long-Term Drivers
The stock has soared on the bourse over the last six months, returning 30.6% and eclipsing the Zacks categorized Computer-Software industry’s average gain of 21.8%. Encouragingly, the stock has witnessed an upward estimate revision, which reflects bullish sentiment. In the last 60 days, the Zacks Consensus Estimate for full-year 2017 earnings has trended up from $3.66 to $4.03.
The company’s long-term growth drivers include resiliency of its Cloud and Software business, presence of a large business network and dominance over critical client demand areas, namely customer engagement and human capital management. Of late, growth of the company’s S/4HANA and other Cloud initiatives has been spectacular, which, in turn, has been boosting financials. Also, its recent focus on machine learning to fortify its Internet of Things (IoT) stronghold is likely to unlock fresh growth avenues.
Stocks to Consider
SAP carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader sector include Cohu, Inc. (COHU - Free Report) and Motorola Solutions, Inc. (MSI - Free Report) . While Cohu sports a Zacks Rank #1 (Strong Buy), Motorola Solutions carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Cohu has a striking earnings surprise history, with an average positive surprise of 121.2% for the trailing four quarters, beating estimates all through.
Motorola has a striking earnings surprise history for the last four quarters, having beaten estimates all through for an impressive average of 16.6%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
SAP SE Extends Ties with Fujitsu to Improve ERP Solutions
SAP SE (SAP - Free Report) recently announced that it has extended ties with Japan-based information and technology behemoth, Fujitsu Limited, to launch advanced enterprise resource-planning (“ERP”) solutions based on artificial intelligence (“AI”) and the Internet of Things (IoT).
The technology behemoths remain optimistic that their combined strength will help them roll out innovative services first in the manufacturing space and foray into other industries thereafter. SAP believes its cutting-edge software, when combined with Fujitsu’s profound industry-specific expertise, will enhance its ERP solution portfolio over the long term.
The two companies have plans to co-develop industry-vertical-oriented cloud services, which will be eventually delivered by Fujitsu. SAP and Fujitsu have decided to launch their offerings first in Asia, beginning with Japan, before venturing to European and North American markets. SAP and its partner believe that these offerings will accelerate the pace of digital transformations of their clients.
In this deal, while SAP brings its innovative solutions — including S/4HANA & SAP Leonardo IoT platforms — to the table, Fujitsu will offer its proprietary cloud services that have earned a solid reputation among multiple industries. The newly developed services will run on Fujitsu Cloud Service K5, SAP Cloud Platform and SAP HANA Enterprise Cloud.
Of late, SAP has been making concerted efforts to create a suite of powerful next-generation and leading-edge cloud enterprise ERP solutions through complimentary partnerships. Last year, it inked a partnership with Accenture plc (ACN - Free Report) to accelerate the core development and go-to-market capabilities of cloud-powered SAP S/4HANA. The enterprise application-software provider follows an open ecosystem strategy, which enables it to better leverage its innovation capacity by extending it to partners as well.
Long-Term Drivers
The stock has soared on the bourse over the last six months, returning 30.6% and eclipsing the Zacks categorized Computer-Software industry’s average gain of 21.8%. Encouragingly, the stock has witnessed an upward estimate revision, which reflects bullish sentiment. In the last 60 days, the Zacks Consensus Estimate for full-year 2017 earnings has trended up from $3.66 to $4.03.
The company’s long-term growth drivers include resiliency of its Cloud and Software business, presence of a large business network and dominance over critical client demand areas, namely customer engagement and human capital management. Of late, growth of the company’s S/4HANA and other Cloud initiatives has been spectacular, which, in turn, has been boosting financials. Also, its recent focus on machine learning to fortify its Internet of Things (IoT) stronghold is likely to unlock fresh growth avenues.
Stocks to Consider
SAP carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the broader sector include Cohu, Inc. (COHU - Free Report) and Motorola Solutions, Inc. (MSI - Free Report) . While Cohu sports a Zacks Rank #1 (Strong Buy), Motorola Solutions carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Cohu has a striking earnings surprise history, with an average positive surprise of 121.2% for the trailing four quarters, beating estimates all through.
Motorola has a striking earnings surprise history for the last four quarters, having beaten estimates all through for an impressive average of 16.6%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look. See the pot trades we're targeting>>