Web Message —
In its services business, SAP has started to radically simplify the way it engages with customers and delivers services to its customers: Under the new ONE Service approach, rather than offering different services separately with a mix of local and global delivery, SAP now provides services in one service portfolio, out of one global organization and under one contract. This combination of services will be reflected in SAP’s financial reporting by combining the respective revenues in one revenue line item of the income statement. Therefore, SAP will amend the structure of its Income Statement, starting with the first quarter of 2015. This Income Statement modification does neither change total revenue nor the reported cloud subscription and support revenue and software revenues. The business outlook which the Company will publish on January 20th will be based on this modified Income Statement format.
For more information refer to the Company’s webinar.