The European Commission started a formal investigation Thursday into SAP, the German software giant, over how it runs its customer support 0 regulators said they want to check if SAP has been playing unfair when it comes to helping customers who use its business management software installed on company 1 probe will look at “whether SAP may have distorted competition in the aftermarket for maintenance and support services related to an on-premises type of software, licensed by SAP, used for the management of companies’ business operations,” the Commission 2 pushed back Thursday, saying its way of doing business follows EU rules. “However, we take the issues raised seriously and we are working closely with the EU Commission to resolve them,” a spokesperson said.
“We do not anticipate the engagement with the European Commission to result in material impacts on our financial performance.” The company is worth almost 282 billion euros ($331 billion), making it one of Europe’s biggest companies by 3 shares fell 2% by 12:45 4 London (7:45 a. m. ET) 5 case centers on its Enterprise Resource Planning software, called ERP for 6 companies use ERP to handle their money and accounting work day to 7 company has a big chunk of this market, but isn’t the only player – Microsoft and Oracle also sell ERP 8 Commission is looking specifically at the “on-prem” version of SAP 9 means software that sits on a company’s own servers, not the cloud version that gets accessed through the firm’s remote data 10 still makes a lot of money from on-prem IT 11 the company has been trying for years to get more customers using cloud services 12 push comes as SAP battles tech heavyweights like Microsoft and Amazon, who run most of the public cloud 13 EU investigation is different because it doesn’t go after Big 14 of the bloc’s competition work has targeted powerful American tech 15 has upset both tech firms and US politicians, who say American companies get picked on unfairly.
Wednesday, Apple asked for the Digital Markets Act – the EU’s big digital competition law – to be scrapped, saying it was “leading to a worse experience for Apple users in the EU.” SAP is partnering with OpenAI and AWS Based on an earlier report by Cryptopolitan , SAP announced new deals with OpenAI and Amazon Web Services to grow its “digital sovereignty” services for European 16 company will work with OpenAI to bring AI services like ChatGPT to Germany’s government 17 project, called “OpenAI for Germany,” will run through the company’s Delos Cloud, which keeps data stored locally under European 18 and 19 20 said the German company will offer its sovereign cloud service through 21 European countries are rushing to build their own “sovereign” AI services because officials and business leaders worry about Europe losing control of this key 22 has said it will spend around €20 billion ($23.5 billion) on its sovereign 23 partnership announcements come as the company faces regulatory heat, showing how software companies must deal with both government oversight and fast-changing technology demands in Europe.
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