SAP expects cloud revenue to increase over FY2021, while software license revenue will continue to decline.
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Overall business strategies and the wish to be environmentally conscious do not always align.
SAP says that its travel services are also showing the first signs of post-pandemic recovery.
SAP's RISE program continues to prove popular but restructuring has its drawbacks.
SAP's financial results remain stable despite COVID-19, travel and business disruption, and a recent shift in focus to business transformation solutions.
SAP is feeling the effect of “uneven” economic recovery and new COVID-19 lockdowns.
SAP is weathering the COVID-19 storm through strong cloud service results despite disruption in the firm’s business travel arm.
SAP is proving to be resilient during the COVID-19 outbreak, with a marginal increase in operating profit.
Cash flow across the full year has suffered, however, due to share payouts and restructuring expenses.
Software license revenue has dropped, but the growth of SAP S/4HANA remains strong.