Shortfacts - June 2019


SAP invests in Ruum
SAP is investing an additional ten million euros in Ruum by SAP to further accelerate the start-up's growth. Ruum is the simplest SaaS (Software as a Service) solution that combines business processes in the company with team productivity tools.
It enables one billion SAP software users to connect business data with an intuitive, flexible collaboration suite. Ruum integrates with SAP's core products and connects with services such as Microsoft Teams and Box.
While most B2B SaaS providers start with small and medium-sized enterprises (SMEs), Ruum has already achieved early success with large companies. Thanks to SAP's ten-million-euro commitment, the 20-strong core team can further expand its offering in the business segment and at the same time enter the global SME market.