SAP Announced That Deutsche Telekom Has Chosen The RISE With SAP Solution To Accelerate Its Journey To The Cloud
Portfolio Pulse from Benzinga Newsdesk
SAP announced that Deutsche Telekom has selected the RISE with SAP solution to expedite its cloud migration journey. This partnership underscores the growing trend of major corporations adopting cloud solutions to enhance operational efficiency and digital transformation efforts.
March 21, 2024 | 9:01 am
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SAP's partnership with Deutsche Telekom for the RISE with SAP solution could significantly boost SAP's cloud services segment, highlighting its capability and appeal in the competitive cloud market.
The selection of RISE with SAP by a major corporation like Deutsche Telekom not only validates SAP's cloud solutions but also potentially sets a precedent for other large companies to follow suit. This could lead to increased demand for SAP's cloud services, positively impacting its stock price in the short term.
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