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Community News, MAG 16-05, Scene

Cloud revenue increases by 33 percent

SAP has published its results for the first quarter of 2016 (January 1 to March 31). According to SAP, growth in the cloud business exceeded medium-term ambitions.
E-3 Magazine
May 2, 2016
Content:
2016
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This text has been automatically translated from German to English.

In the first quarter, cloud subscription and support revenue (non-IFRS) increased by 33% year-on-year to EUR 678 million. The growing cloud business and the growth in support revenue meant that the share of more predictable revenue in total revenue reached a record level.

Total revenue from cloud subscriptions and support as well as software support accounted for 69% of total revenue in the first quarter of 2016.

Cloud and software revenue (non-IFRS) rose by five percent to EUR 3.85 billion (2015: EUR 3.66 billion). Adjusted for currency effects, this represents an increase of six percent.

S/4

According to the Group, the strong demand for S/4 continued in the first quarter. SAP acquired over 500 S/4 customers in the first quarter, of which around 30 percent are new customers.

A growing driver of this global demand for S/4 is the Hana Enterprise Cloud (HEC). HEC offers secure and fast access to the latest innovations from SAP.

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Working on the SAP basis is crucial for successful S/4 conversion. 

This gives the Competence Center strategic importance for existing SAP customers. Regardless of the S/4 Hana operating model, topics such as Automation, Monitoring, Security, Application Lifecycle Management and Data Management the basis for S/4 operations.

For the second time, E3 magazine is organizing a summit for the SAP community in Salzburg to provide comprehensive information on all aspects of S/4 Hana groundwork.

Venue

More information will follow shortly.

Event date

Wednesday, May 21, and
Thursday, May 22, 2025

Early Bird Ticket

Available until Friday, January 24, 2025
EUR 390 excl. VAT

Regular ticket

EUR 590 excl. VAT

Venue

Hotel Hilton Heidelberg
Kurfürstenanlage 1
D-69115 Heidelberg

Event date

Wednesday, March 5, and
Thursday, March 6, 2025

Tickets

Regular ticket
EUR 590 excl. VAT
Early Bird Ticket

Available until December 20, 2024

EUR 390 excl. VAT
The event is organized by the E3 magazine of the publishing house B4Bmedia.net AG. The presentations will be accompanied by an exhibition of selected SAP partners. The ticket price includes attendance at all presentations of the Steampunk and BTP Summit 2025, a visit to the exhibition area, participation in the evening event and catering during the official program. The lecture program and the list of exhibitors and sponsors (SAP partners) will be published on this website in due course.