BERLIN (Reuters) – Business software group SAP said on Monday it had reached a three-year deal with Microsoft to help its large enterprise customers move their business processes into the cloud.
The partnership, called “Embrace”, will help clients to run operations hosted at remote servers supported by SAP’s flagship S/4HANA database, new Co-Chief Executive Officer Jennifer Morgan said as SAP released its final third-quarter results in line with preliminary figures released on Oct. 11.
“We bundled SAP’s cloud platform services to support customers around the extension, integration and orchestration of SAP systems,” Morgan told reporters, adding the product would be sold through Microsoft’s distribution channels.
Disclosure of the partnership comes after long-time CEO Bill McDermott stepped down to make way for Morgan – the first woman to become CEO of a company in Germany’s blue-chip DAX index – alongside fellow Co-CEO Christian Klein.
The deal – which helped SAP…
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