SAP sees 28% jump in quarter four cloud revenue
SAP, the multinational business software group, recorded a 28% revenue increase for its cloud computing operations in 2021’s fourth quarter.
Cloud revenue reached €2.6 billion (£2.17bn) in this period, the company revealed in its preliminary financial results.
SAP believes its main cloud offering, RISE with SAP, has been a large contributor to growth. Unveiled in January 2021, RISE is a subscription-based “intelligent enterprise” as a service package for...
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