SAP and companies like IBM, Oracle are in hurry to meet heavy demand for cloud computing.SAP, German Business Software maker said that as the demand of the service that saves clients money grew, the company was overhauling its management to sharpen its focus on cloud computing.
This service enables clients to avoid ditch bulky and costly servers for network-based software and storage in remote data centers.
SAP also said that it was gathering all of its development activities and putting executive board member Vishal Sikka in charge of them from June 1.To oversee its new HANA Enterprise Cloud Product, it took the name of Gerhard Oswald.Jim Hagemann Snabe, co-CEO said that in record time, they went from being a start up in the cloud to being one of the largest companies in the cloud.
SAP splashed out $7.7 billion last year to buy Ariba and SuccessFactors to push into the cloud computing market, but suffered a setback at the start of 2013, when top sales managers in Asia left, giving rivals an edge just as demand for cloud computing was on the rise.
SAP just launched a cloud-based version of its HANA tool, which helps companies analyse large quantities of data quickly and competes with Oracle’s new Exalytics product.