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Magic Software Enterprises Ltd., a global provider of application platforms and business and process integration solutions, today announced that it has signed a partnership agreement with nefos GmbH, a leading consulting partner of Salesforce.com located in Zurich, Switzerland. Nefos will use iBOLT, Magic Software's business and process integration suite to integrate the Salesforce.com on-demand application with their customers' existing on-premise applications such as SAP. Robert Santner, founding partner and head of consulting services at nefos GmbH, says, "Using iBOLT, we will be able to complete our integration projects significantly faster than before. For our customers this means more value from their Salesforce.com investment, which they can realize quicker." Stephan Romeder, general manager for Magic Software Germany, Austria and Switzerland (DACH) commented,... (more)

SAP’s Fourth Quarter and Full-Year 2009 Results Exceeded Expectations

Economics for Investors SAP AG announced its preliminary financial results for the fourth quarter and full-year ended December 31, 2009. U.S. GAAP software and software-related service revenues were euro 8.20 billion (2008: euro 8.46 billion), a decrease of 3%. Non-GAAP software and software-related service revenues were euro 8.21 billion (2008: euro 8.62 billion), a decrease of 5% (5% at constant currencies). U.S. GAAP total revenues were euro 10.67 billion (2008: euro 11.57 billion), a decrease of 8%. Non-GAAP total revenues were euro 10.68 billion (2008: euro 11.73 billion),... (more)

Sybase to Integrate with SAP NetWeaver Business Intelligence

Sybase has announced certification of its leading analytics server, Sybase IQ, for integration with SAP NetWeaver Business Intelligence, allowing customers to access to Sybase IQ intelligence data stores through the SAP Business Information. It provides access to Warehouse interface and direct access to external data for users of SAP Business Information Warehouse. It offers better performance saving time, storage capacity and costs. DUBLIN, Calif a leading provider of enterprise infrastructure and mobile software, has announced that its highly scalable analytics server, Sybase IQ,... (more)

SAP Appoints New Head of Global Ecosystem and Partner Group

SAP AG has announced the appointment of S. Singh Mecker as the head of the Global Ecosystem and Partner Group (GEPG) for SAP AG. Mecker, as senior vice president of GEPG, reports directly to SAP Executive Board Member John Schwarz, and is responsible for leading all strategic and operational aspects of the SAP ecosystem and partner programs on a global basis. Leadership of the group is being transitioned to Mecker from Zia Yusuf, who will be leaving the company in November to pursue other interests. "Singh is an ideal choice to continue moving our global ecosystem forward," said... (more)

SAP Reports 16% Growth in Software and Software-Related Service Revenues

SAP AG on Tuesday announced its preliminary financial results for the second quarter ended June 30, 2010. FINANCIAL HIGHLIGHTS - Second Quarter 2010 ------------------------------------------ Second Quarter 2010(1) ---------------------- IFRS ---- % EUR million, unless Q2 2010 Q2 2009 change otherwise stated ------- ------- ------- ---------------- Software revenue 637 543 17% ---------------- --- --- --- Software and software-related service revenue 2,258 1,953 16% ----------------- ----- ----- --- Total revenue 2,894 2,576 12% ------------- ----- ----- --- Total operating expenses -2,120 ... (more)