SAP
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$ 5.8bn acquisition of Sybase , which gave SAP users the option of running their operations from mobile devices , paving the way for real-time analytics and removing barriers between business applications and business intelligence , says Shenkman . “ We then went on with a series of acquisitions to expand our cloud capabilities , ranging from Success- Factors to Ariba and Fieldglass and the travel and expense management services company Concur .”
The $ 8.3bn Concur deal in 2014 coincided with the launch of the latest version of the S / 4 HANA business suite . As Bill McDermott observed at the time : “ With Ariba , Fieldglass and
Concur , SAP is the undisputed business network company . We are redefining how businesses conduct commerce across goods and services , contingent workforces , travel and entertainment . With the SAP HANA platform , the possibilities to innovate new business models around Concur and the network are limitless .”
Following the successful completion of this phase of strategic M & A activity Shenkman served for two years as CFO of SAP in its largest market , the USA , before being invited by the CEO to work directly with him in the newly created role of Executive Vice President , Global Business Development and
APRIL 2019