In an interview on Squawk Box on CNBC US, SAP Co-CEO Bill McDermott spoke about growth in software sales and the company’s powerful push into the cloud. He explained SAP’s “big picture” transition to become a business-to-business-to-consumer company, and clarified that revenue is up with cloud revenue in particular growing in triple digits. In the Americas, a third of SAP’s revenue now comes from the cloud, up from zero just three years ago. In Europe, SAP is doing well even in the economically troubled southern countries. Watch the interview here:
SAP Co-CEO on Accelerating into the Cloud
More in Corporate
SAP Completes Acquisition of Signavio
Newsbyte — WALLDORF and BERLIN — Signavio’s products become part of SAP’s business process intelligence portfolio.
Mental Health Day: SAP Offers Employees a Chance to Recharge
Feature Article — Sending an email at midnight used to be a badge of honor. As dawn to midnight became the new 9:00 a.m. to 5:00 p.m., it...
SAP Accelerates Climate Protection to Achieve Carbon-Neutrality by 2023
Newsbyte — WALLDORF — The targeted timeline is two years earlier than previously stated