SAP boss Christian Klein is driving a “strategic initiative” to simplify the portfolio.
(Photo: Imago/Phototheque)
Dusseldorf Feather SAP There’s a constant struggle for the budget: The software maker has hundreds of products that need security updates and new features. The management around CEO Christian Klein is therefore running a “strategic initiative” to simplify the portfolio: Investments should only flow into projects that show promise of growth.
SAP is no longer developing specialized software for hospitals and recently sold the Litmos Learning Platform. When it comes to consolidation, Klein isn’t stopping at well-known names: Mid-sized software Business ByDesign, once considered the product of the future, is due to undergo far-reaching changes, according to information from Handelsblatt. year.
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