“SAP Taking Massive Market Share”

SAP-JHS_CNBCSAP Co-CEO Jim Snabe told CNBC Europe that SAP is very pleased to deliver 25 percent growth in software and cloud globally with operating income improving by 11 percent in the first quarter. He underlined that SAP is taking massive market share from competition. Looking ahead, he added that the company’s global pipeline is strong and SAP reconfirms its guidance for 2013.