How Accurate Was ASUG on S/4HANA's Integration as R&D Priority?
… Does Innovation Equal Acquisition?
“Bill McDermott started as Co-CEO of SAP, along with Jim Hagemann Snabe, in 2010, and has held the CEO position solely since 2014. During the past seven years under McDermott, SAP has been busy trying to meet the standard of the “Cloud Company Powered by HANA” vision. This has meant new product developments as well as large acquisitions.
“Since 2010, we’ve invested $50 billion in innovation,” says McDermott, who spoke on the main stage at SAP Ariba Live in Las Vegas last week.”
This seems misleading. Investing in innovation is typically reserved for R …