AFR Interview – SAP Boss Upbeat About Cloudy Future

Yesterday, the Australian Financial Review interviewed Damien Bueno, President and Managing Director, SAP ANZ, to discuss the company’s 2019 results, its strategy for the future, and how the current COVID-19 pandemic is impacting customers.

The article highlights SAP’s cloud growth, with Damien explaining that it showed SAP’s strategy was working. In 2019, SAP’s cloud division grew 29 per cent, increasing revenue to $240 million. Total revenue was $1.19 billion, with revenue from predictable streams reaching 70%. If Qualtrics figures were included in SAP’s local numbers then cloud revenue growth would have been more than 30 per cent. “We’re on a growth trajectory and the cloud underpins that growth,” said Damien.

Damien confirmed that while SAP is seeing the impacts of COVID-19, the business is in good shape to weather the storm. “We’re using the opportunity to be really connected with our customers. That’s what you do when you’re a business partner. It’s a great opportunity for those organisations that talk about putting their customer first to test the veracity of those words,” he said.

Damien explained some of the ways in which digital transformation can support customers through disruption. He explained how Taronga Zoo had used SAP’s software to create an app allowing employees to complete tasks out of the office so they could focus on saving animals during the recent bushfire crisis. He also explained how SAP Qualtrics technology is helping organisations like St John’s Ambulance stay connected with its volunteers, while they are working from home as a result of the COVID-19 lockdown.

You can read more on the AFR website here.