Cloud computing: profitability and growth

The ability to make real-time decisions and a consistent focus on profitability and long-term growth are key requirements for staying ahead of the game.

This is precisely why companies are looking to cloud solutions for comprehensive network and spend management. "Business decisions that used to take a year or more now need to be made in a matter of months or weeks," said Robert Enslin, President Cloud Business Group and member of the Executive Board of SAP SE.

"Long-term success means that a company has the systems and networks in place, both inside and outside its borders, for full visibility and control. That's exactly what SAP delivers."

Ariba, Concur and Fieldglass solutions weave powerful business networks to manage procurement processes and supplier relationships, business travel and expenses, and human resources.

Ariba Network is the world's largest B2B marketplace with more than 3.6 million trading partners in more than 190 countries.

Over the past four quarters, more than 258 million transactions were processed using Concur's applications and services. Concur Travel is a corporate travel management solution.

Fieldglass, which includes a cloud-based supplier management system, is used in over 180 countries. With its broad integration portfolio, it managed more than 6.2 million external employees in the third quarter of 2018.