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Latest SAP Industry NewsShowing top 5 (show all)
18 April 2014 00:47
"We are the cloud company powered by HANA. There are no debates" says McDermott
17 April 2014 14:49
By Harro Ten Wolde FRANKFURT (Reuters) - German business software maker SAP warned on Thursday that it expects the negative impact of the strong euro to worsen after reporting lower than expected first-quarter results. The warning comes as SAP grapples with a short-term squeeze from its shift to web-based cloud computing, prompting it to push back its profit target as it waits for subscription ...
17 April 2014 12:51
German business software maker SAP can realize its growth target for its Internet-based or so-called cloud business without acquisitions, the company's incoming financial chief said on Thursday. Analyst have suggested SAP will need to make more acquisitions to reach that goal. Luca Mucic, who will succeed Werner Brandt as financial chief next month told Reuters that he would keep an eye for ...
17 April 2014 09:16
SAP says it is fully on track to meet the outlook for the business year, but warns a strong euro may hamper results.
17 April 2014 08:07
SAP reported a strong growth in cloud revenue and fast adoption of its HANA platform in the first quarter, while its software revenue dipped from the same quarter in the previous year. The business software company said Thursday its revenue grew 3 percent to €3.7 billion (US$5 billion), while its cloud subscriptions and support revenue grew 60 percent to €219 million in the quarter under IFRS ...
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