SAP Africa News Center

SAP EMEA South Welcomes New Customers and Celebrates Go-lives as SAP SE Announces Double-digit Cloud Revenue, Total Revenue and Operating Profit Growth in its Q1 2023 Results

Shot of the famous Galleria Vittorio Emanuele II in Milano, Italy, showing the spectacular view of an almost golden gate to luxury. Long exposure for motion blurred people rushing through.

With SAP SE announcing 24% (+22% cc) cloud revenue growth,10% (+9% cc) total revenue growth and operating profit (non-IFRS) up 12%, the SAP EMEA South region is pleased to welcome more than 220 new customers during the first quarter ending 31 March 2023.

These include:

 

As SAP continues to drive its cloud transformation agenda, go-lives and renewals are at the core of delivering customer success and value. Customers celebrating go-lives during the first quarter include:

                     

Commenting on SAP SE’s Q1 2023 results, SAP EMEA South regional president Manos Raptopoulos said, “The Southern Europe, Middle East and Africa region underpinned the SAP group results with high double-digit cloud revenue growth, and a year-on-year improvement across all key financial indices. Meanwhile, our cloud backlog continues to grow aggressively across the board, while net new customers continue to select SAP Cloud solutions in the midmarket space. Across the region we are energised by the momentum we see as our customers invest in SAP solutions to accelerate their business transformation journeys. In today’s challenging business environment, our commitment remains to continue to provide impactful solutions with strong returns for our customers.”

SAP SE’s full financial results for the first quarter ending 31 March 2023 can be found here.

Exit mobile version