SAP breaks €5bn in quarterly cloud and software revenue – but profits see slight dip

SAP has claimed it is the ‘fastest growing cloud company at scale’ in enterprise software applications after breaking the €5 billion barrier for quarterly cloud and software revenues.

The figure of €5.01bn (£4.4bn) represents an increase of 7.5% on this time last year, and an increase of 1.3% on the previous quarter. Total revenues for the company were at €6.02bn, meaning cloud and software was at 83%...

By James Bourne, 19 October 2018, 0 comments. Categories: Economy, Enterprise, SAP.

Five key elements to a successful connected enterprise

Consumers are using technology to their advantage. With it, they are less tolerant, less loyal and more promiscuous. They have learned how to exercise control over brands.

In this kind of environment, it’s important to remember that the success of any customer-facing organisation depends on the experience they deliver. Consumers want meaningful, timely, and personalised engagements, and to gain this, businesses need a...

By Thomas Vetter, 28 September 2018, 0 comments. Categories: Applications, Enterprise, Infrastructure, SAP, Software.

IBM and SAP’s cloud financials continue to impress – but bigger hitters still to come

IBM has delivered its third consecutive quarter of growth – with cloud revenue up 20% and now representing almost a quarter of the company’s total revenue.

The company posted total revenues of $20 billion (£15.4bn) for the most recent quarter, up from $19.3bn this time last year, with six month revenues of $39.1bn, compared with $37.4bn from the year before.

Alongside cloud – which has hit $18.5bn in revenue over the past 12 months – IBM cited AI, analytics, blockchain and...

By James Bourne, 19 July 2018, 0 comments. Categories: Economy, Europe, Infrastructure, SAP.

SAP offers manufacturers further route into the cloud with new release

German software giant SAP has announced the launch of its Digital Manufacturing Cloud, which will enable manufacturing providers to deploy Industry 4.0 technologies in the cloud.

The announcement was made at the 2018 Hannover Messe, the yearly technological jamboree for all things industrial. The product includes business system integration, meaning greater visibility for the shop floor, as well as predictive analytics and a cloud-based collaboration system connecting customers with manufacturing service...

By James Bourne, 24 April 2018, 0 comments. Categories: Enterprise, SaaS , SAP, Software.

SAP praises ‘stellar cloud bookings’, reiterates 2020 vision and acquires Callidus Software

Updated SAP has praised ‘stellar cloud bookings’ in its Q417 financial results, with total revenue across all segments at €6.805 billion (£6bn) and cloud and software revenues comprising 85% of that figure.

New cloud bookings were at €591 million for the quarter ended December 31 2017, up 22% from the previous year. The figures show a steady continuation of a long-term trend. Cloud subscriptions and support went up 21% to €997m year over year, while the more traditional software...

By James Bourne, 30 January 2018, 0 comments. Categories: Economy, SAP, Software.

Microsoft and SAP partnership aims to ‘drive more business innovation in the cloud’

Amazon won’t have the cloudy news agenda all its own way this week: Microsoft has announced a partnership with SAP which aims to ‘provide enterprise customers with a clear roadmap to confidently drive more business innovation in the cloud’, as the companies put it.

The move will enable organisations to run SAP’s private managed cloud service, SAP HANA Enterprise Cloud, on Microsoft Azure, as well as some internal use cases; Microsoft will deploy SAP S/4HANA on Azure for its internal...

By James Bourne, 28 November 2017, 0 comments. Categories: Adoption, Microsoft, SAP.

IBM and SAP’s financial results analysed: Strong cloud focus but contrasting outlooks

IBM and SAP have both declared their most recent financials with cloud growth continuing on both sides, but still questions to be answered overall.

For IBM, overall revenues were again on the slide – $19.15 million (£14.5m) for the most recent quarter compared with $19.23m for this time last year – but cloud revenue was up 20% and overall results beat analyst expectations, seeing IBM’s shares surge as a result.

By James Bourne, 20 October 2017, 0 comments. Categories: Economy, Infrastructure, SAP, Vendors.

SAP continues cloud shift with new cloud bookings up 49% year on year

SAP has announced its cloud subscriptions and support hit €905 million (£768.7m) in the first quarter of 2017, up 34% from the previous year, with new cloud bookings up 49% to €215m.

It’s the continuation of a long-running theme for the German software giant, with the company trying to shift its revenue base over from traditional software to cloud for the past few years. Software licenses and support remains strong however, up to €3.42bn from €3.17bn this time last year at an...

By James Bourne, 25 April 2017, 0 comments. Categories: Economy, SAP, Software.

Google gets Colgate, Verizon, HSBC on board – a customer step up for enterprise cloud

“Cloud is just an incredibly cool place to be working right now – it’s where a lot of the digital revolution for every industry is going on.”

So began Diane Greene, Google’s cloud SVP to launch the company’s Next conference in San Francisco. But aside from the hype, industry commentators have argued that this was the week in which Google’s enterprise cloud offering came of age. With new customers including Colgate-Palmolive, eBay and Verizon, and existing customers...

By James Bourne, 13 March 2017, 0 comments. Categories: Google, Infrastructure, Platform, SAP.

SAP aims to succeed in the cloud – but can it be the next IoT giant?

Picture credit: SAP

Opinion Industry leaders in each sector are carving out their share of the IoT market. The latest to stake a claim is SAP, the world’s largest inter-enterprise software company and the world’s fourth-largest independent software supplier, overall.

When the company was founded by five former IBM employees in 1972, the original premise was to provide customers with a way of interacting with common corporate databases. Now, the most common application of SAP software is to run internal...

By Alex Vilner, 18 October 2016, 0 comments. Categories: Applications, Enterprise, SAP, Software.