SAP reports steady revenue growth while profits slip

theregister.com/2024/04/23/sap_reports_steady_revenue_growth

SAP booked revenue of €8.04 billion ($8.58 billion) in the first calendar quarter of 2024, up eight percent on the same period of 2023.
Around €3.93 billion ($4.2 billion) of this was cloud revenue, which was up 24 percent year-on-year, in line with the investors' estimates and the global ERP giant's plans to drag an intransigent on-premises user base to its preferred…

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