Software business
Capgemini raised its sales forecast to as much as 9.5% this year. It also has 5,900 fewer staff than in January.
The French IT services group Capgemini now expects sales growth of 9% to 9.5% this year at constant exchange rates.
Monday, 2 November 2026
ERP programmes
SAP says more than 18,000 people work for it in India, its second-largest location. Teams there help build Joule, SAP's AI assistant.
Microsoft, Oracle and three peers cut buybacks 83% to $13.6bn. AI spending is eating their cash, a Reuters analysis found.
Erasmus University's move from SAP to Oracle is 70% over budget, at €20.2m. A one-year delay cost €4.5m of that.
AI at work
AWS owner Amazon can borrow up to $80bn against the AI hardware it buys. Lenders get rights over some of that equipment.
Cognizant assigned 25,000-plus staff to roll out OpenAI's AI for clients. It says companies lack builders, not AI models.
Gartner found AI drove staff cuts at 47% of surveyed supply chains, averaging 10.5%. Supply chain managers run the smaller teams.
Microsoft's new reseller Copilot seats can add usage charges to the $21 monthly fee. The default cap is 4,000 credits per user.
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