A GLOBAL MEDIA POWERHOUSE

ERP TODAY, SAPINSIDER, MASTERING SAP AND CHANNEL METRICS

Wellesley Information Services (WIS), owner and operator of SAPinsider, Mastering SAP and Channel Metrics, has made a strategic investment in ERP Today. The deal will serve the global B2B enterprise technology community, combining ERP Today’s publishing expertise and WIS’ unrivaled membership, events, digital and research services and performance analytics credentials.

The investment provides significant capital and capabilities to facilitate

ERP Today’s global expansion and deliver a suite of marketing program performance analysis technology to improve customer experiences. SAPinsider magazine will be relaunched and new titles and member communities for other

Esherwood said: “The team at WIS stood out as the perfect people to work with. The Channel Metrics ‘Performance Insights Platform’ will be a gamechanger for our customers, demonstrating the effectiveness of every campaign with meaningful data and analytics.”

Jamie Bedard, CEO, WIS, said: “The team at ERP Today has created a unique brand, respected and admired across the B2B industry. Combining ERP Today and our leading services with our technology platform, we will create enhanced experiences for our global members and deliver new opportunities for our technology company partners.”

Alphabet Q1 results: Google Cloud makes its first profit

Alphabet ’s Q1 results show Google Cloud making a profit for the first time, with revenue of $7.4bn, up 27.5 percent. Operating losses dramatically dropped to $191m from $706m year-on-year.

Earnings were boosted by customer wins, a growing partner ecosystem, which has grown over 15 times globally over four years, and generative AI advances.

Alphabet’s revenue totaled $69.79bn, up three percent YoY and topping estimates of $68.9bn.

YouTube ad revenue stayed in line with analyst expectations at $6.7bn, also declining from a year ago, down three percent.