SAP Fires Cloud Chief Shawn Price and Realigns Company | Re/code

Difficult days for SAP (and AOL)

"Companies have in recent years shifted how they buy software used to run their business. Applications used to track the flow of deals, hiring and promoting employees, and management of supply chains are increasingly sold as a subscription service by companies like Salesforce.com, Workday and NetSuite. SAP, which has long sold these types of applications in an “on-premise” manner, operating these types of services in local data centers, has in the last three to four years embraced the cloud and acquired several companies in the sector including SuccessFactors and Ariba.

But SAP has not moved fast enough. Its results have recently suffered as sales of on-premise software have declined faster than sales of cloud-based products have grown. "

SAP Fires Cloud Chief Shawn Price and Realigns Company | Re/code