Just yesterday, SAP announced that it has entered into an agreement to acquire Fieldglass, a “provider of cloud-based vendor and labor management services.”
As Business Cloud News noted, SAP “said the acquisition will help bolster the company’s enterprise resource management offerings amongst businesses that require strong contingency-based resource management capabilities.”
With the rise in popularity of the cloud, more and more businesses have been looking for HCM software that utilizes the flexibility and scalability that the cloud offers. And with SAP’s acquisition here, there’s a very good chance that we’ll continue to see more cloud integration from SAP HCM, something that’s bound to be a good move for businesses who need that flexibility and scalability we just mentioned.
Bill McDermott and Jim Hagemann Snabe, co-CEOs and members of the executive board of SAP AG, mentioned that “SAP’s innovations in cloud, in-memory and mobile technology are transforming workforce management. We look forward to extending our leadership position, increasing our sales and delivery capacity and introducing our winning strategy to new markets.”
Although it remains to be seen what new features SAP will start including in their software with the acquisition of Fieldglass, we’re excited to see what the future holds for cloud-based HCM and HR services.