November 13 - 09:11
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SAP to streamline hardware infrastructure
SAP is making some changes to deliver on its promise of a 5% profit margin increase by 2023. The software giant will streamline its hardware infrastructure by reducing its number of stacks, says Chief Financial Officer Luka Mucic. It will also cut management costs and reduce its number of suppliers, but it will retain R&D spend at approximately 14% of its overall revenues.
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