SAP is in the middle of a transformation of a kind we have not seen since the early 1990s. Many question where this leads. Here is one possible scenario. Please note it is heavily caveated.
Intuit's acquisition of Fifo the other week was a smart move as a first step to getting into true cloud accounting for the SME. But now what? How does Intuit leverage that investment to transform to a cloud based business? Acquisition looks the way to go.
More on SAP's Q2 earnings on a call with Jim Snabe, co-CEO. No great surprises but confirmation that SAP is on a path to transformation into a cloud based business. Still, there are plenty of unknowns though the company seems comfortable in progress.