SAP CEO Says Callidus Deal Too Good to Pass Up

The transcript covers a discussion on SAP's strategic focus on CRM and cloud business growth, highlighting the company's transition to a cloud-based model. It addresses challenges like currency headwinds and emphasizes SAP's GDPR certification. The impact of tax reforms on business investments is also discussed, with a positive outlook on economic growth and job creation.

What was the primary reason for SAP's recent acquisition of Callidus?

• To reduce operational costs

• To diversify into new industries

• To enhance customer-driven growth and CRM capabilities

• To expand into new geographical markets

How has SAP's cloud business performed in recent years?

• It has seen a decline in growth

• It has maintained a steady growth rate

• It has shifted focus to other areas

• It has grown significantly, with a focus on cloud and operating income

What unique certification does SAP hold in its market space?

• Six Sigma

• GDPR certification

• ISO 9001

• ISO 27001

How does SAP plan to handle the currency headwinds it faces?

• By increasing prices

• By continuing to meet its operational goals despite the challenges

• By hedging currency risks

• By reducing international operations

What impact has President Trump's tax reform had on businesses according to the transcript?

• It has led to a decrease in business investments

• It has been well received and increased business investments

• It has had no significant impact

• It has caused businesses to relocate

What was the general sentiment among CEOs at Davos regarding the global economy?

• Uncertain

• Optimistic

• Neutral

• Pessimistic

What is expected to be a major focus for businesses in 2018 according to the transcript?

• Reducing workforce

• Expanding into new markets

• Investing in jobs and manufacturing

• Cutting down on research and development