SAP reported cloud revenue of €4,993 million for Q1 2025, representing a 27% year-over-year increase (26% at constant currency). The company’s cloud backlog grew to €18,202 million, up 28% (29% at ...
In conclusion, SAP’s Q2 2025 presentation demonstrated strong momentum in its cloud business and AI initiatives, with impressive profitability improvements. However, subsequent Q3 results suggest ...
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