SAP Profits From HANA Appliance, Cloud, And Plain Old Software
January 21, 2013 Timothy Prickett Morgan
If Oracle thought it had killed archrival SAP, it looks like the German application software giant was only sleeping. In the December quarter, SAP booked €1.94 billion in software license fees, up 9 percent, and within this segment, the company’s cloud software business, driven by acquisitions and organic growth, was up a stunning 2,000 per cent to €126 million. Software and related services revenues accounted for €4.23 billion, up 14 percent year-on-year. Total sales came to €5.02 billion, up 12 percent. Operating profits fell by 5 percent to €1.59 billion. On a full-year basis, SAP’s revenues came in at |