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Interactive Ideas set sights on Germany

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Symantec to reward storage savers

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Fujitsu shares collapse over redundancy row

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CRC threatens smart meter supply pinch

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SAP chief executive resigns

SAP chief executive officer Leo Apotheker resigned over the weekend by

“mutual consent” after a 20-year career at the software firm.

Apotheker will be replaced by head of field organisation Bill McDermott and

head of product development Jim Hagemann Snabe. Both managers already held board

positions.

The resignation is effective immediately, but Apotheker’s contract was to

expire at the end of 2010.

According to the Financial Times, one of the reasons for the

resignation is the company's delay in the introduction of a new online-based

platform for small and medium-sized companies.

Last month,

SAP

reported fourth-quarter revenue from software and software-related services

down 28 per cent to €2.48bn (£2.17bn) year on year, with total revenue down

eight per cent to 10.7 per cent.

The company underperformed in its second and third fiscal quarters and

expectations were lowered in the fourth quarter to reflect difficult market

conditions.

Taken from here

Categories
Software
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