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Dominik Asam

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  1. SAP

    SAP Caps Strong Cloud-Focused Q1

    Reading time: 4 mins

    SAP announced a strong first quarter based on positive cloud momentum in its recent earnings call. The overall revenue for the quarter increased by 9% at constant currencies to €7.441 billion, with cloud and software making up the bulk at €6.358 billion. The current cloud backlog increased 25% to €11.148 billion, of which SAP S/4HANA…

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