{"id":56351,"date":"2019-01-15T11:27:26","date_gmt":"2019-01-15T10:27:26","guid":{"rendered":"http:\/\/e3mag.com\/?p=56351"},"modified":"2020-02-09T15:49:36","modified_gmt":"2020-02-09T14:49:36","slug":"priced-in-and-programmed-out","status":"publish","type":"post","link":"https:\/\/e3mag.com\/en\/priced-in-and-programmed-out\/","title":{"rendered":"Priced in and programmed out"},"content":{"rendered":"<p>SAP has to pay eight billion for Qualtrics, but that's only half the battle. The much higher costs and the lengthy integration and interface programming are only seen by the IT experts and SAP's existing customers.<\/p>\n<p>Thus, the SAP stock price probably only gives an inadequate picture, because which financial expert deals with SolMan, NetWeaver, Hana and Abap.<\/p><div id=\"great-1736297224\" class=\"great-fullsize-content-en\" style=\"margin-bottom: 20px;\"><a data-no-instant=\"1\" href=\"https:\/\/www.youtube.com\/watch?v=6yfv7eho3Gc\" rel=\"noopener\" class=\"a2t-link\" target=\"_blank\" aria-label=\"Fullsize\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150.jpg\" alt=\"Fullsize\"  srcset=\"https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150.jpg 1200w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-400x50.jpg 400w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-768x96.jpg 768w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-100x13.jpg 100w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-480x60.jpg 480w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-640x80.jpg 640w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-720x90.jpg 720w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-960x120.jpg 960w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-1168x146.jpg 1168w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-18x2.jpg 18w, https:\/\/e3mag.com\/wp-content\/uploads\/2026\/03\/banner_26_04_08_1200x150-600x75.jpg 600w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" width=\"1200\" height=\"150\"  style=\" max-width: 100%; height: auto;\" \/><\/a><\/div>\n<p>If the stock price rises once again, then SAP CFO Luka Mucic has done a very good job. But how long it will take to program out and integrate Hybris, Callidus and now Qualtrics into a CRM suite C\/4 is completely uncertain. At the moment, new construction sites are emerging in Walldorf faster than old problems are being solved.<\/p>\n<p>Where does SAP Leonardo stand? What is the status of digital transformation? Hana is not yet free of anomalies; S\/4 and BW\/4 are in the process of being built and customized; and there is still a discourse going on about the pros and cons of a hybrid cloud.<\/p>\n<p>For the coming year 2019, there are numerous challenges in the SAP universe, whether C\/4 will still find resources to integrate here with the latest new acquisition Qualtrics is doubtful.<\/p>\n<p>Some members of the SAP community suspect that SAP CEO Bill McDermott is dancing at too many weddings at once. This is not going well! Leonardo is currently experiencing the first resource shortage: The range of topics seems to be unmanageable.<\/p>\n<p>The digital transformation is stuttering and faltering! SAP Leonardo will have to be consolidated in the coming year and hopefully this circumstance is already priced into the stock market prices - nothing is programmed out yet!<\/p>","protected":false},"excerpt":{"rendered":"<p>SAP's share price is still modest, but financial analysts and stockholders are said to have already priced in the $8 billion shock regarding the proposed Qualtrics acquisition - whatever that means!<\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","footnotes":""},"categories":[27840],"tags":[453,65,722,27907,10922],"coauthors":[27825],"class_list":["post-56351","post","type-post","status-publish","format-standard","hentry","category-chefredakteur-blog","tag-abap","tag-hana","tag-netweaver","tag-qualtrics","tag-sap-leonardo","pmpro-has-access"],"acf":[],"featured_image_urls_v2":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","image-100":"","image-480":"","image-640":"","image-720":"","image-960":"","image-1168":"","image-1440":"","image-1920":"","1536x1536":"","2048x2048":"","trp-custom-language-flag":"","bricks_large_16x9":"","bricks_large":"","bricks_large_square":"","bricks_medium":"","bricks_medium_square":"","profile_24":"","profile_48":"","profile_96":"","profile_150":"","profile_300":""},"post_excerpt_stackable_v2":"<p>Der Aktienkurs der SAP ist immer noch bescheiden, aber man sagt, dass Finanzanalysten und Aktieninhaber den 8-Milliarden-US-Dollar-Schock bez\u00fcglich der geplanten \u00dcbernahme von Qualtrics bereits eingepreist haben \u2013 was immer das auch bedeuten soll!<\/p>\n","category_list_v2":"<a href=\"https:\/\/e3mag.com\/en\/category\/editor-in-chief-blog\/\" rel=\"category tag\">Chefredakteur-Blog<\/a>","author_info_v2":{"name":"Peter M. F\u00e4rbinger, E3 Magazine","url":"https:\/\/e3mag.com\/en\/author\/peter-m-faerbinger-e-3-magazin\/"},"comments_num_v2":"0 comments","_links":{"self":[{"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/posts\/56351","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/comments?post=56351"}],"version-history":[{"count":0,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/posts\/56351\/revisions"}],"wp:attachment":[{"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/media?parent=56351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/categories?post=56351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/tags?post=56351"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/e3mag.com\/en\/wp-json\/wp\/v2\/coauthors?post=56351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}