SAP’s goal is to assist every company in becoming an intelligent enterprise. Due to advanced level cloud platform services provided by SAP vendors, the Global SAP Application Services market is estimated to grow. There has been a growth seen in the cloud platforms and with that, customers have started facing some issues in management, integration and storage space. But SAP service providers have provided simplified features which are accountable under SAP cloud services. It is simply seen that increasing acceptance of cloud platforms and business agility is expected to create demand and lead to Global SAP Application Services Market growth.Post COVID19 Pandemic, the demand for cloud software rapidly increased, as we all know. More and more businesses adopt the change and turn their way to cloud software for easy business flow. But with that, the problem of cloud storage increased and customers faced issues like integration and management.SAP has all the answers for every business problem. SAP has simplified its features in such a way that managing every aspect of business becomes easy.Whether it is SAP service provider or service taker, being awareness regarding news is necessary for everyone. However, we have covered the Global news of SAP and other market news. So, Take a look at what is inside 2022’s SAP services News. 
- The demand for cloud-based SAP services increased after the pandemic and so the Global SAP Application Services Market also segmented.
- North America Holds the largest part of the Global SAP Application Services Market share, followed by Europe.
- SAP has been applying digital twin technology — virtual replicas of existing structures, capital goods and industrial processes — to help customers gain insight into and predict real scenarios.
- IBM has announced teaming with SAP to provide technology and consulting expertise to make it easier for clients to embrace a hybrid cloud approach and move mission-critical workloads from SAP solutions for regulated and non-regulated businesses are now available in the cloud.
- One of the management and technology consultancies, BearingPoint, joined hands with SAP on carbon and environmental footprints solutions.
- Nippon Gas is taking the SAP ERP landscape in Europe to the next level. The focus will accelerate business processes, strengthen collaboration, and enable innovation.
- Boston Consulting Group – a leading strategy consultancy, has now joined hands with SAP – a market leader in enterprise application software.
- Microsoft has chosen the RISE with SAP solution on the Microsoft Cloud, moving its SAP ERP software systems to SAP S/4HANA Cloud, a private edition.
- SAP has simplified its services and support portfolio to focus heavily on customer adoption and consumption.
- For enhanced contract management, Icertis and SAP have extended partnerships to help companies increase efficiency, minimize risk and realize the full intent of their agreements.
- To give companies better access to liquidity and cash flow improvements, SAP is intended to acquire a majority stake in Taulia – a leading working capital management company.
- SAP has extended its contract with Thomas Saueressig – head of the SAP Product Engineering Board area, for the upcoming three years; until the end of October 2025.
- SAP’s collaboration with Yale University’s Jackson Institute for Global Affairs to Foster the Next Generation of Cybersecurity professionals
- Hundreds of companies globally have adopted SAP Ariba and SAP Fieldglass solutions in the fourth quarter of 2021 to help to aid in the digitalization of procurement and the administration of external workforces.
- SAP and Arvato systems have joined hands to invest in a new German company to provide sovereign cloud infrastructure for the German public sector.
- In order to attract talent to the Cybersecurity Curriculum, SAP has announced a sponsorship with HBCUs.
- SAP SE Board and Executive Board have voted to recommend to shareholders a dividend of €2.45 per share for the fiscal year 2021.
- SAP publishes its Integrated Report 2021 and files its Annual Report 2021 on Form 20-F with the Securities and Exchange Commission of the United States of America.
- The Supervisory Board of SAP has announced that Luka Mucic, Chief Financial Officer and Executive Board Member, has agreed to leave the business on March 31, 2023.
- Unilever and SAP have announced a pilot of SAP’s GreenToken by SAP solution to improve traceability and transparency in the company’s worldwide palm oil supply chain.
- SAP Signavio Expands the Value of Business Process Transformation by Leveraging Experience Data
- SAP launches a dedicated recruitment onboarding program to match refugees from Ukraine with vacancies across its network of global offices.
- A new share repurchase programme was announced by SAP which holds a budget of up to €1 billion. This will be implemented between 1st February and 31st December 2022. It will be executed in accordance with the conditions outlined in the authorisation given by SAP SE’s Annual General Meeting on May 17, 2018.
- Alex Klaeger has been promoted as president of the middle and eastern Europe region effective from 1st February 2022.
- As the 2022 first quarter ends, SAP remains committed to support Ukraine.
