business / news / / Benzinga
S3NS is a cloud services provider jointly established by Thales and Alphabet Inc.’s Google Cloud.
SAP will deploy its RISE private cloud on S3NS's SecNumCloud-certified PREMI3NS platform by H2 2026.
KEY POINTS
- Thales will migrate its ERP systems to S3NS PREMI3NS to enhance compliance and operational efficiency.
- SAP's internal AI initiatives have delivered over 30% developer productivity and saved 83,000 employee hours.
- Current cloud backlog for SAP jumped 25% year-over-year to 21.9 billion euros, signaling strong future growth.
- Shares are dropping due to investor fears that new AI agents may disrupt traditional SaaS revenue.
COMPANIES
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