About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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SAP: AI Tailwinds Accelerating Enterprise Cloud Business

SAP, systems, applications, products symbol. Wooden blocks with words SAP, systems, applications, products. Orange background, copy space. Business and SAP, systems, applications, products concept.

Global enterprise software giant SAP SE (NYSE: SAP) has been scratching at all-time highs as its business gets lifted by artificial intelligence (AI) tailwinds. SAP is an acronym for Systems, Applications, and Products in Data Processing. The company provides cloud-based business software through its flagship enterprise resource planning (ERP) product.

This package integrates a comprehensive and synergistic range of business software, including accounting, human capital management (HCM), customer relationship management (CRM), project management, and procurement functions onto a single unified platform. The company custom tailors its software to meet the needs of each specific industry with AI and machine learning capabilities into their core applications.

SAP is a leader in the computer and technology sector, competing against multinational enterprise software giants like International Business Machines Co. (NYSE: IBM), Microsoft Co. (NASDAQ: MSFT), Salesforce Inc. (NYSE: CRM) and Oracle Co. (NYSE: ORCL). Some of their major corporate clients include The Clorox Company (NYSE: CLX), eBay Inc. (NASDAQ: EBAY), NVIDIA CO (NASDAQ: NVDA) and Mondelez International Inc. (NASDAQ: MDLZ).

30% of Deals in Q3 Involved AI Use Cases

The updraft was certainly evident in its third quarter 2024 adjusted EPS growth of 6% YoY to $1.33, which beat analyst estimates by 2 cents on 9.4% YoY revenues growth to $9.17 billion, which also beat consensus estimates of $9.15 billion. The current cloud backlog rose 25% YoY to $15.38 billion. Cloud ERP Suite revenue rose 34% YoY to $3.67 billion. Cloud revenue rose 25% YoY to $4.35 billion.

The company has had ongoing cloud transformation transitioning clients for the past four years, and it's hitting its stride driven by AI. Buoyed by Gen AI Hub, nearly 30% of its cloud order entries in the quarter were deals that had AI use cases. SAP hit its goal of 100 AI use cases across its suite. AI consumption by SAP customers more than quadrupled in the quarter. SAP completed its $1.5 billion acquisition of digital adoption platform WalkMe.

Sustained Momentum Moving Ahead

SAP expects the momentum to remain steady moving forward. They bumped up their cloud and software revenue forecast by $433 million at the midpoint to $31.93 billion to $32.24 billion. Cloud revenue is expected to be between $18.41 billion to $18.73 billion, maintaining its previous forecast.

While SAP doesn't anticipate margin risks in 2025, it is speculative how AI activity may impact gross margins beyond 2025. However, the company believes AI will be margin accretive. The company has been very consistent in 2024 as the AI trend has been unwavering, which points to a strong Q4 2024.

SAP Forms an Ascending Triangle Pattern

An ascending triangle is comprised of a flat-top upper trendline resistance converging with an ascending (rising) lower trendline support. The breakout occurs when the stock surges through the upper trendline. If the stock collapses under the lower ascending trendline, then the pattern fails as a breakdown forms.

SAP stock chart

SAP formed the upper flat-top trendline resistance at $242.10 converging with the lower ascending trendline support which commenced around the $219.55 swing low. SAP tested the upper trendline resistance nearly eight times without managing to break out, and the ascending trendline was tested twice. The daily anchored VWAP support is at $236.35. The daily RSI is rising at the 62-band. Fibonacci (Fib) pullback support levels are at $237.30, $231.10, $224.60, and $214.65.

SAP's average consensus price target is $252.35, implying a 0.96% upside and its highest analyst price target sits at $300.00. It has eight analysts' Buy ratings and one Hold rating. The stock has a miniscule 0.11% short interest.

Actionable Options Strategies: Bullish investors can consider using cash-secured puts at the Fib pullback support levels to buy the dip. If assigned the shares, then writing covered call at upside Fib levels executes a wheel strategy for income on top of its 0.69% dividend yield.

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