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Singapore, January 25 – SAP announced its global Q4 and full year 2023 results on January 24, underlining a year of significant cloud momentum.

Customers across Asia Pacific and Japan (APJ) continue to choose SAP to drive their cloud transformations in 2023. SAP announced high-profile customer wins and go-lives across a range of industry sectors in APJ, showing ongoing demand for cloud-based transformation as well as new innovations to boost growth like artificial intelligence and sustainability.

  • Q4 cloud revenue in APJ was up 28% to €499 million, up 36% at constant currencies.
  • Q4 customer wins and go-lives in APJ included world-famous brands like NEC Corporation, Coles Group, and Wipro.
  • RISE with SAP continues to support APJ companies in their cloud transformation, with new wins and go-lives including Daikin Industries Ltd and Mitr Phol.
  • Companies like AusNet, Foodstuffs North Island, and Chandra Asri Pacific complemented SAP solutions with process and data innovation through SAP Signavio and SAP Datasphere.
  • APJ also reported momentum with new SAP S/4HANA cloud customers like Airservices Australia, Christchurch City Council, Hitachi High-Tech Corporation, Manila Water Company, Mapletree Investments, Marubeni IT Solutions, and Marubeni Corporation, while Matsumoto Precision selected SAP Sustainability Footprint Management to improve the environmental impact of its products.

Cloud revenue in APJ grew to €499M Euros in Q4 2023, an increase of 28% over same period 2022, with India and South Korea showing particular momentum. Total APJ Q4 2023 revenue grew to 1.184B Euros. These results culminated in full year APJ cloud revenue of 1.781B Euros in 2023, up 21% year-on-year and 29% at constant currency.

RISE with SAP continues to underpin APJ’s cloud transformation. In Australia, Coles Group chose RISE with SAP alongside renewing licenses for SAP SuccessFactors, SAP Fieldglass, and SAP Business Technology Platform. In Japan, NEC Corporation and Daikin Industries both chose RISE with SAP.

President of SAP APJ, Paul Marriott, said “Across Asia Pacific and Japan, we see forward-thinking businesses recognising and acting on the need for ongoing strategic transformation supported by SAP. Once organisations are able to create a solid foundation in the cloud they can then explore new avenues of growth in areas like artificial intelligence, data analytics, and sustainability.”

SAP announced a range of customers taking advantage of these new innovations. AusNet complemented RISE with SAP with SAP Signavio, SAP Business Technology Platform, and SAP Datasphere, while in New Zealand Foodstuffs North Island purchased SAP Business Technology Platform, SAP Build Workzone, and SAP Datasphere to further its aim of becoming a future-ready enterprise. Meanwhile in Japan, Matsumoto Precision chose SAP Sustainability Footprint Management to collect and calculate the carbon footprint of its products, aiming to improve the environmental impact of its products.

“These results show the strength of SAP’s strategy and our focus on customer outcomes,” continued Marriott. “Bringing together our range of cloud solutions, business networks, and new innovations to drive growth, customers across Asia are increasingly becoming intelligent and sustainable businesses.”

Q4 APJ Customers

Airservices Australia 

Airservices Australia, a government-owned organisation responsible for the safety of 11% of the world’s airspace, is pleased to continue its relationship with SAP as we migrate from our on-premise SAP ERP platform to SAP S/4 HANA in the cloud as part of our Back Office Enabling Transformation program.

Christchurch City Council      

Christchurch City Council has purchased RISE with SAP with S/4 HANA Private Cloud Edition.

Chandra Asri Pacific  

PT Chandra Asri Pacific Tbk is one of Indonesia‘s leading chemical and infrastructure companies, operating a range of chemical plants, as well as energy, water and jetty, and tank facilities. The company is embarking on a wide-ranging digital transformation journey underpinned by SAP. Chandra Asri realised it would need a modern digital architecture to support the next phase of its growth, while also simplifying its IT platforms and creating a single source of truth for improved decision-making. Chandra Asri chose RISE with SAP and SAP S/4HANA Cloud, private edition, as well as SAP Business Technology Platform, to create a clean core to its infrastructure, with the aim to realise improved business outcomes and boost innovation.

Coles Group   

Coles Group purchased RISE with SAP in Q4 2023 to enable business transformation while supporting our business growth.

Foodstuffs North Island        

For more than a century, Foodstuffs has been working within New Zealand’s communities to deliver fresh affordable food. Today, Foodstuffs is the leading grocery retailer in New Zealand’s North Island.

Foodstuffs North Island is in the middle of a significant transformation aimed at becoming a future-ready enterprise to better serve its customers across the country. Foodstuffs North Island has invested in SAP Business Technology Platform for more than six years, and has recently decided to expand its SAP portfolio by implementing SAP Datasphere, increasing its use of SAP Integration Suite, and maximising new Business Technology Platform innovations as part of a clean SAP core.

Hitachi High-Tech Corporation

Hitachi High-Tech, one of the world’s leading semiconductor and technology companies, has embarked on a digital transformation project to strengthen its business foundations. The project aims to enhance the sophistication of operations and collaboration between manufacturing bases and overseas subsidiaries. Hitachi High-Tech will link design and manufacturing processes, digitalize its manufacturing process (3D graphics), and transform its products to meet diversifying customer needs at its main manufacturing bases in Kasado and Naka. For this reason, the company will build a bill of materials (BOM) at manufacturing sites and link product option information at the time of receiving orders in Japan and overseas to the manufacturing sites. The project uses SAP HANA Enterprise Cloud, S/4HANA Cloud Public Edition, and SAP Business Technology Platform.

Matsumoto Precision Co. Ltd.                      

MATSUMOTO PRECISION CO., LTD. has adopted SAP Sustainability Footprint Management, which enables the collective calculation of the carbon footprint of companies and products and has now started providing information on CO2 emissions per product to its suppliers. With this, the company aims to improve the environmental value of its products.