“SAP, Oracle, and IBM Ride the Cloud and AI Wave to Record Valuations” – StartupNews.fyi

“SAP, Oracle, and IBM Ride the Cloud and AI Wave to Record Valuations” – StartupNews.fyi



Traditional software companies, including SAP, are experiencing a rise in valuations, with SAPShares exceeding $200 for the first time this week. Despite being founded years ago, these companies are seeing increased investor interest and value. It is important to note that any potential conflicts of interest are disclosed to readers, ensuring transparency and maintaining ethical reporting standards. The website is currently undergoing an upgrade, and any technical issues can be reported to office@startupnews.fyi.

Article Source
https://startupnews.fyi/2024/06/30/sap-and-oracle-and-ibm-oh-my-cloud-and-ai-drive-legacy-software-firms-to-record-valuations/