However, the company reported a net loss of €885 million for the quarter, including an impairment charge of €552 million .
SAP posts growth but lowers outlook in main software business
SAP reported revenue growth in the second quarter driven by growth in cloud subscriptions and revenue from support and its HANA in-memory database.
Calculating the cost of profit
Can you maintain cost leadership, service levels, solution quality, and deliver projects flexibly and to schedule? You’re worth your weight in gold, no doubt.
Mobile malware, mainly aimed at Android devices, jumps 614% in a year
The number of mobile malware apps has jumped 614 percent in the last year, according to studies conducted by McAfee and Juniper Networks.
India to overtake US on number of developers by 2017
The US may be the global centre of the IT universe, but India will exceed the US in the number of software developers by 2017, a new report notes.
From 2012 to 2017, IP traffic to grow fastest in MEA region, Cisco says
The Middle East and Africa (MEA) will be the fastest-growing IP traffic region in the world from 2012 to 2017, according to Cisco’s Visual Networking Index (VNI) Forecast for 2012 to 2017.
Gartner downgrades 2013 global IT spending forecast on currency shifts
Gartner has lowered its expectations for growth this year in global IT spending, saying it will rise 2 percent to $3.7 trillion. Earlier this year, the analyst firm predicted 2013 growth of 4.1 percent.
Middle East in dire need of skilled IT pros, says CompTIA study
Middle Eastern businesses want to invest in IT during 2013, but they’re struggling to find skilled candidates to fill posts, according to new research released by CompTIA, a non-profit association for the IT industry.
Here to stay
As a relatively new entrant in the Middle Eastern market, GFI Software could be forgiven for not knowing its audience. But at its second Middle East Partner Conference, GFI and sole distributor Comguard showed that the vendor had made a happy home out of the region.
Mobile users to embrace LBS and QR codes, says TNS study
Location-based services (LBS) and quick-response (QR) codes are set to become the next big mobile growth feature, according to the …