A Changing SAP
Big news on the enterprise software front overnight. SAP announced that CEO Bill McDermott would be leaving the company after nearly a decade at the helm. McDermott has overseen SAP’s shift to the cloud, and the company’s stock was up 75% over the past five years.
Board members Jennifer Morgan and Christian Klein were appointed co-CEOs.
For SAP clients out there, also know that IBM just rolled out a new open source SDK that lets users call Watson services directly from ABAP code in SAP systems. ABAP is the primary programming language supported on the SAP NetWeaver ABAP server platform.
On the frenzied AI dealmaking front, AI-powered checkout firm Standard Cognition has bought DeepMagic, which provides autonomous retail kiosks. This apparently to better compete with Amazon Go’s checkout experience.
DeepMagic allows customers to swipe a payment card when entering a smaller kiosk or store, pick up items that are detected by cameras and then walk out while having their card charged.
Sorry, no cash!
And for those of you who are using G Suite (especially those in newsrooms) who thought your documents were encrypted end-to-end, the Freedom of the Press Foundation says differently.
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