SAP Empowers Businesses With Security & Digital Sovereignty, Stock Up

SAP SE SAP recently announced the general availability of SAP Sovereign Cloud capabilities, designed to help Canadian businesses securely leverage cloud technologies while maintaining full control over their data. With Canada’s strict data laws and the government's cloud-smart strategy, SAP Sovereign Cloud helps organizations manage risks related to data security, residency and digital sovereignty. Owing to these features, it forms an essential tool for organizations in highly regulated industries such as the public sector, defense and others.Following the announcement, SAP’s shares gained 2% in trading and closed at $280.65 on March 3, 2025.Key Capabilities of SAP Sovereign CloudSAP Sovereign Cloud offers a range of capabilities that address security, compliance and operational sovereignty. SAP ensures that both customer and cloud operational data are stored and managed within Canada, complying with the country's data sovereignty laws, including the Privacy Act, PIPEDA and GDPR for European data subjects. SAP Sovereign Cloud operations are managed by SAP Canada employees who hold appropriate security credentials to meet national security requirements. This ensures that only authorized personnel handle sensitive business and government data.It is also built with enhanced cybersecurity measures to protect against evolving threats. Techniques such as software hardening, attack surface reduction and supply chain hardening are incorporated to bolster resilience against probable cyberattacks. In addition, the solution meets some of the highest industry security standards, including ISO 27001, 27017, 27018 certified and SOC 2 Type II audit compliant.The initial rollout of the SAP Sovereign Cloud in Canada includes SAP S/4HANA Private Cloud Edition, SAP Business Technology Platform, SAP Analytics Cloud and Digital Supply Chain solutions (including Integrated Business Planning software). These core solutions ensure that organizations across industries can securely manage critical business processes while maintaining compliance. Furthermore, additional offerings expected to be unveiled in 2025 are SAP SuccessFactors HCM and SAP Fieldglass. Management highlighted that its investment in Canadian R&D is a key factor in driving innovation, with more than 50% of its employees dedicated to product development. These efforts not only expand SAP’s global product offerings but also solidify its long-term commitment to Canadians.SAP’s Zacks Rank & Stock Price PerformanceSAP currently carries a Zacks Rank #3 (Hold). Shares of the company have soared 49.8% in the past year compared with the industry's growth of 1.3%.Image Source: Zacks Investment ResearchStocks to ConsiderSome better-ranked stocks from the broader technology space are InterDigital, Inc. IDCC, Ubiquiti Inc. UI and Arista Networks, Inc. ANET. IDCC & UI presently sport a Zacks Rank #1 (Strong Buy), while ANET carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.IDCC is a pioneer in advanced mobile technologies that enable wireless communications and capabilities. The company engages in designing and developing a wide range of advanced technology solutions, which are used in digital cellular as well as wireless 3G, 4G and IEEE 802-related products and networks. It has a long-term growth expectation of 15%.Ubiquiti’s effective management of its strong global network of more than 100 distributors and master resellers improved its visibility for future demand and inventory management techniques. In the last reported quarter, Ubiquiti delivered an earnings surprise of 33.3%. Its highly flexible global business model remains apt to adapt to the changing market dynamics to overcome challenges while maximizing growth.Arista delivered a trailing four-quarter average earnings surprise of 12.87%. It has a long-term growth expectation of 14.41%. It supplies products to a prestigious set of customers, including Fortune 500 global companies in markets such as cloud titans, enterprises, financials and specialty cloud service providers.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SAP SE (SAP): Free Stock Analysis Report InterDigital, Inc. (IDCC): Free Stock Analysis Report Arista Networks, Inc. (ANET): Free Stock Analysis Report Ubiquiti Inc. (UI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks