SAP SE (SAP - Free Report) recently brought back certain advancements in its SAP Vora solution, in an effort to bring together business transformation and data transformation.
Over the last three months, shares of this Zacks Rank #3 (Hold) stock yielded a return of 7.4%, outperforming 4.5% growth recorded by the industry.
The company is poised to grow on the back of stronger Cloud and Software business, superior customer management, and growth of S/4HANA and other Cloud initiatives. However, escalating operating expenses, stiff industry rivalry and seasonality in clients’ technology spending remain major causes of concern.
Inside the Headlines
The latest version of the SAP Vora solution will streamline settlement on a public cloud and enhance flexibility, while drifting between on-premise, cloud and hybrid deployment models. The company also noted that henceforth, live customer cloud services on the specialized SAP Data Network will be able to access the distributed computing capabilities offered by the solution. This will not only help process large data volumes efficiently, but also unveil actionable business intuitions in the near real time.
By uniting business transformation and data transformation in a singular platform, the latest SAP Vora solution will unite computed unstructured data with structured data and hence, revolutionize the approach of planning and innovation adopted by modern businesses.
The company stated that the above-mentioned advancements of the SAP Vora solution will be highly beneficial for organizations moving Big Data workloads to the cloud, for the purpose of augmenting scalability and flexibility.
Stocks to Consider
Better-ranked stocks in the industry are listed below:
Verint Systems Inc. (VRNT - Free Report) currently sports a Zacks Rank #1 (Strong Buy). The company’s earnings are projected to be up 10% in the next three to five years. You can see the complete list of today’s Zacks #1 Rank stocks here.
Adobe Systems Incorporated (ADBE - Free Report) currently holds a Zacks Rank #2 (Buy). Over the next three to five years, the company’s earnings are estimated to be up 16.6%.
Intuit Inc. (INTU - Free Report) also holds a Zacks Rank of 2. The company’s earnings are projected to climb 14.1% during the same time frame.
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