tfh
Volume 17, Number 6 -- February 11, 2008

SAP Reports Solid Results for 2007, Aims for Repeat in 2008

Published: February 11, 2008

by Alex Woodie

The U.S. market might be in a recession, but that doesn't appear to be slowing down ERP software giant SAP, which reported its financial results for fiscal year 2007 last week. What's more, SAP sees 2008 shaping up much like 2007.

For SAP's fiscal 2007, which ended December 31, the company's revenues totaled 10.25 billion ($15.0 billion), a 9 percent increase from a year ago. Driving revenues was a strong showing in software and related services, where the company reported 7.43 ($10.9 billion), a 13 percent uptick. Operating income came in at 2.74 billion ($4.0 billion), which corresponded with just a 6 percent increase from the previous year.

Henning Kagermann, SAP's chief executive officer, was enthusiastic about the results. "2007 represented another good year for SAP with strong growth in software and software-related services," he said. "The outstanding performance reflects the continued success we are seeing in SAP's established business, which will continue to be the foundation for growth heading into 2008 and beyond."

SAP highlighted the acquisition of business intelligence software maker Business Objects as a key driver of future sales. Buoyed by BO, SAP expects to increase software and services by 24 percent to 27 percent in 2008. Total revenues are expected to increase by 12 percent to 13 percent for fiscal 2008, which is the same amount SAP forecast for 2007. (It delivered just 9 percent.)

High hopes are also being placed on Business by Design, SAP's new Web-based midmarket offering. "We expect new innovations like SAP Business ByDesign to help us capture tremendous opportunities in untapped segments in the mid market, to augment growth going forward," Kagermann said.


RELATED STORIES

SAP-Microsoft Mega-Merger Rumor Surfaces, Then Dies

SAP Plants Its Flag in Mid-Market Territory with SaaS Apps

IBM Readies Project Kobe to Speed SAP Deployments on System i

Silly Rumor Says Oracle Wants to Buy SAP

SAP to Chase the SMB Market--Again

SAP on the iSeries: No Longer the "Best Kept Secret"?

SAP Focuses on Web Services, SOA with mySAP ERP 2005

SAP Takes Hybrid Approach to CRM Delivery

The i5 Gets SAP, Clear Technologies Solution Editions

IBM Reaches 2,000 Installations of SAP Apps on OS/400 Servers



                     Post this story to del.icio.us
               Post this story to Digg
    Post this story to Slashdot


Sponsored By
SAFEDATA

Reduce your risk with SafeData's
Backup and Recovery solution.

Our solution is what you're missing:

· It's a managed service
· We guarantee restore in 10 hours or less
· It's encrypted and off-site
· It's easily installed in one day

Call us today to try it -
we know you'll buy it.
(877) 734.5866 x117

www.safedata.net


Editor: Timothy Prickett Morgan
Contributing Editors: Dan Burger, Joe Hertvik, Brian Kelly, Shannon O'Donnell,
Mary Lou Roberts, Victor Rozek, Kevin Vandever, Hesh Wiener, Alex Woodie
Publisher and Advertising Director: Jenny Thomas
Advertising Sales Representative: Kim Reed
Contact the Editors: To contact anyone on the IT Jungle Team
Go to our contacts page and send us a message.

Sponsored Links

COMMON:  Join us at the annual 2008 conference, March 30 - April 3, in Nashville, Tennessee
Aldon:  Stay on track with Aldon's iSeries Application Lifecycle Management solutions
Vision Solutions:  Enter to win an iPod Touch. Just download any of our DR planning resources

 

 

IT Jungle Store Top Book Picks

Getting Started with PHP for i5/OS: List Price, $59.95
The System i RPG & RPG IV Tutorial and Lab Exercises: List Price, $59.95
The System i Pocket RPG & RPG IV Guide: List Price, $69.95
The iSeries Pocket Database Guide: List Price, $59.00
The iSeries Pocket Developers' Guide: List Price, $59.00
The iSeries Pocket SQL Guide: List Price, $59.00
The iSeries Pocket Query Guide: List Price, $49.00
The iSeries Pocket WebFacing Primer: List Price, $39.00
Migrating to WebSphere Express for iSeries: List Price, $49.00
iSeries Express Web Implementer's Guide: List Price, $59.00
Getting Started with WebSphere Development Studio for iSeries: List Price, $79.95
Getting Started With WebSphere Development Studio Client for iSeries: List Price, $89.00
Getting Started with WebSphere Express for iSeries: List Price, $49.00
WebFacing Application Design and Development Guide: List Price, $55.00
Can the AS/400 Survive IBM?: List Price, $49.00
The All-Everything Machine: List Price, $29.95
Chip Wars: List Price, $29.95


 
The Linux Beacon
Novell Taps Zonker to Manage openSUSE Project

Novell Partners with SNA to Make Mainframe Linux Easier

IBM Gets Power6 Chips into Entry System p Servers

The X Factor: Survive, Adapt, Repeat

High Voltage DC Systems for Data Centers Cut Power Use

Four Hundred Stuff
New Web Console Debuts with i5/OS V6R1

RPG to .NET Reduces Maintenance Pain, Adds Rich User Interface

IBM Makes DB2 Web Query More Affordable

Bug Busters' HA Offering Gets Role Swap Function

Security Vulnerability Reported in i5/OS

Big Iron
Novell Partners with SNA to Make Mainframe Linux Easier

Top Mainframe Stories From Around the Web

Chats, Webinars, Seminars, Shows, and Other Happenings

Four Hundred Guru
Setting Up A PHP/Web Environment On System i: Where Do I Start?

Don't Let SQL Name Your Baby

A Checklist For Moving System i Boxes

System i PTF Guide
February 2, 2008: Volume 10, Number 5

January 26, 2008: Volume 10, Number 4

January 19, 2008: Volume 10, Number 3

January 12, 2008: Volume 10, Number 2

January 5, 2008: Volume 10, Number 1

December 29, 2007: Volume 9, Number 52

The Windows Observer
Free At Last: Microsoft Ships Windows Server 2008

Microsoft Offers $44.6 Billion for Yahoo!

High Voltage DC Systems for Data Centers Cut Power Use

The X Factor: Survive, Adapt, Repeat

VMware Revs Desktop Virtualization Offerings

The Unix Guardian
The Power6 Server Ramp: Better Than Expected

Rock and Tukwila Are the Stars of ISSCC This Week

Who Needs a Web Application Firewall?

The X Factor: Survive, Adapt, Repeat

High Voltage DC Systems for Data Centers Cut Power Use

Four Hundred Monitor
Four Hundred Monitor's
Full iSeries Events Calendar

THIS ISSUE SPONSORED BY:

SPSS
looksoftware
Seagull Software
SafeData
Aura Equipments


Printer Friendly Version


TABLE OF CONTENTS
WDSC Is Out, Rational Developer for System i Is In

Q&A with MKS CEO Philip Deck: Automating the Automaters

The System i Loses One Big Account and a Mid-Sized One, Too

As I See It: Why IT Will Save the Economy

High Voltage DC Systems for Data Centers Cut Power Use

But Wait, There's More:

IBM Cuts i5/OS-Based JS22 Blade Server Prices . . . Is An IT Career Looking Better for Students? . . . Gartner Looks at the Big IT Issues for the Next Few Years . . . SAP Reports Solid Results for 2007, Aims for Repeat in 2008 . . . IBM Emphasizes Security with OpenID and NSA Commitments . . .

The Four Hundred

BACK ISSUES





 
Subscription Information:
You can unsubscribe, change your email address, or sign up for any of IT Jungle's free e-newsletters through our Web site at http://www.itjungle.com/sub/subscribe.html.

Copyright © 1996-2008 Guild Companies, Inc. All Rights Reserved.
Guild Companies, Inc., 50 Park Terrace East, Suite 8F, New York, NY 10034

Privacy Statement