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    Strong Cloud Revenue Propels SAP in Q1

    Reading time: 5 mins

    SAP opened 2024 with a strong start, the first quarter results laying a solid foundation for the remainder of the year. The strongest growth area was the current cloud backlog (CCB), which grew 28% at constant currencies to €14.2 billion. This was followed by cloud revenue with a 25% increase at constant currencies to €4…