SAP’s Post

Strong results

🚀 Exciting news from SAP! Their recent earnings report highlights a remarkable 25% surge in cloud revenue, driving a record increase in market value. Key takeaways include strong demand for AI solutions and a promising outlook for 2024, despite some challenges. If you're interested in understanding how these developments could impact your investment strategy, check out the full analysis. 🔗 https://lnkd.in/gq2Ng2hc Discover how to protect and grow your wealth with smart investment choices—subscribe to Estimatedstocks Model Portfolio for free to get market-beating stock picks! #EstimatedStocks #SAP

Incredible growth and innovation in SAP’s Q3 report! While customers harness these solutions, it's great to see SAP steering the future of cloud ERP and AI to new heights. Onwards to Q4! #CloudERP #AI #SAPGrowth #InnovationLeadership #BusinessFuture

🚀 Exciting News 🚀 I’m thrilled to share our Q3 results, showcasing impressive growth: 📈 Highlights: • Total Revenue: Up 9% to €8.47 billion • Cloud Revenue: Up 25% to €4.35 billion • Cloud Backlog: €15.4 billion, up 25% • Operating Profit: Up 29% to €2.21 billion • Free Cash Flow: Up 44% to €1.25 billion With these results, we’ve raised our 2024 outlook. Our CEO, Christian Klein, emphasized the role of our Cloud ERP Suite and AI innovations in this success. 💡 Business Transformation: Customers like eBay and Siemens Healthineers are leveraging RISE with SAP for significant enhancements. 🌍 Looking Ahead: We’re committed to our transformation program for sustained growth into 2025. Let’s celebrate these achievements and look forward to an even brighter future together! #SAP #CloudGrowth #BusinessTransformation #FinancialResults

SAP's rapid transformation towards Artificial Intelligence (AI) and cloud technologies dramatically illustrates how modern innovations are reshaping the corporate world. In just one year, SAP's stock surged by 70%, driven by the integration of AI into 30% of cloud contracts and a 27% revenue increase in the third quarter. Despite geopolitical and economic challenges, SAP proves that focusing on AI not only secures its future but is already delivering unprecedented growth and profits.

SAP's Q2 2024 financial results show total revenue of $8.3bn, with Cloud & software revenue of $7.2bn, both up 10% y/y. Cloud growth momentum is attributed to Business AI enhancements in SAP's supply chain solutions, such as real-time AI-driven insights, which enable better decision-making across supply chains for manufacturing customers, streamline product development, and improve manufacturing efficiency. SAP has also extended partnerships with IBM and Amazon Web Services (AWS), to collaborate on bringing new GenAI capabilities and industry-specific cloud solutions to market.

🚀 SAP's Game-Changing Updates: Cloud Revenue Soars! 🌥️ Hello LinkedIn Community! 👋 I'm excited to share some insightful updates from SAP that underscore the company's robust performance and strategic direction in the ever-evolving tech landscape. 🌐 📈 Cloud Revenue Skyrockets by 25% SAP has reported a remarkable 25% increase in its cloud revenue! This growth signifies the company's commitment to digital transformation and its position as a leader in cloud innovations. 🌟 Cloud ERP Suite Revenue Growth at 33% What’s even more impressive is the 33% growth in SAP's Cloud ERP Suite revenue! This demonstrates the increasing demand for integrated solutions that empower businesses to streamline operations, enhance productivity, and drive efficiencies. 🔍 A Look at the Numbers The growth in revenue is noteworthy not only in nominal terms but also when adjusted for constant currencies. This consistency highlights SAP's resilience and adaptability in a dynamic market environment. 💼 Why This Matters Increased Demand for Digital Solutions: As more organizations move to cloud environments, SAP is well-positioned to capitalize on this trend. Innovation and Investment: This growth emphasizes SAP's strength in delivering innovative solutions tailored for today’s business needs. A Testament to Customer Trust: These figures are indicative of growing customer confidence in SAP's products and services, confirming SAP's reputation for robust, reliable solutions. 💡 Closing Thoughts SAP's impressive growth figures reflect not only the company's strategic focus on cloud technologies but also the increasing reliance on digital transformation across industries. As organizations seek to navigate the complexities of today's business environment, SAP stands as a trusted partner in this journey. From the beginning of my adventure with SAP, everyone said it was TOP 1. Years pass and SAP is still in excellent shape. Let’s continue to keep an eye on how SAP evolves and leads the cloud revolution! 💪✨ #SAP #CloudComputing #DigitalTransformation #CloudERP #BusinessGrowth #Innovation #TechTrends #Konsultec #Sebastian Rinne #Grazian T.

#𝗘𝗥𝗣 𝗡𝗘𝗪𝗦 𝗢𝗡 𝗧𝗛𝗘 𝗚𝗢 SAP has announced its financial results for the second quarter of 2024, which ended on June 30, 2024. Here are some key highlights from their report: 🌐 Current cloud backlog is €14.8 billion, marking a 📈 28% increase at both nominal and constant currencies. ☁️ Cloud revenue grew by 25%, bolstered by a 💪 33% increase in Cloud ERP Suite revenue. 💰 Total revenue enjoyed a 10% rise, consistent at both nominal and constant currencies. 💧 IFRS cloud gross profit surged by 29%, while 📊 non-IFRS cloud gross profit climbed by 28% (29% at constant currencies). 🛠️ Despite restructuring costs of €0.6 billion, 💼 non-IFRS operating profit is up by 33% (35% at constant currencies), though 📉 IFRS operating profit is down by 11%. 🔮 SAP’s 2024 financial outlook remains steady, and the 🎯 2025 operating profit ambition has been boosted to mirror expected incremental efficiency gains from the expanded transformation program. 𝙏𝙝𝙚 𝙥𝙤𝙨𝙞𝙩𝙞𝙫𝙚 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙧𝙚𝙨𝙪𝙡𝙩𝙨 𝙧𝙚𝙥𝙤𝙧𝙩𝙚𝙙 𝙗𝙮 𝙎𝘼𝙋 𝙛𝙤𝙧 𝙌2 2024 𝙘𝙖𝙣 𝙝𝙖𝙫𝙚 𝙨𝙚𝙫𝙚𝙧𝙖𝙡 𝙞𝙢𝙥𝙡𝙞𝙘𝙖𝙩𝙞𝙤𝙣𝙨 𝙛𝙤𝙧 𝙩𝙝𝙚 𝙟𝙤𝙗 𝙢𝙖𝙧𝙠𝙚𝙩, 𝙥𝙖𝙧𝙩𝙞𝙘𝙪𝙡𝙖𝙧𝙡𝙮 𝙞𝙣 𝙩𝙝𝙚 𝙩𝙚𝙘𝙝 𝙨𝙚𝙘𝙩𝙤𝙧: 📈 𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲𝗱 𝗛𝗶𝗿𝗶𝗻𝗴: The surge in cloud revenue and the bright financial forecast might lead to SAP growing its team to back its expanding cloud services and transformation agenda. 🎓 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗶𝗻 𝗦𝗸𝗶𝗹𝗹𝘀: With an emphasis on Business AI and cloud solutions, there’s likely to be a greater need for tech talents in these domains. This could inspire both current staff and job hunters to enhance or acquire new tech skills. 🌍 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗺𝗽𝗮𝗰𝘁: As a global powerhouse, SAP’s expansion can shape the job market far and wide, possibly opening up more employment opportunities across the various countries where SAP has a presence. 🤝 𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗘𝗰𝗼𝘀𝘆𝘀𝘁𝗲𝗺: SAP’s triumph could also have a ripple effect on its partner network, which includes firms that offer services or products that complement SAP’s offerings. This synergy could lead to job creation within this network. #ERP #SAP #hays #haystechnology #haysrecruitment #haysmalaysia Alex Thiagarasan Jane Foong Tyen How Woon Ben Kin Lim

🚀The results are in 🚀

SAP's Q2 earnings are in, and as expected, the cloud momentum continues to be stronger year over year. Apart from robust cloud performance and strategic wins, we are committed to transforming our customer digital adoption with real & unique #BusinessAI solutions. #SAP #Q2Results #CloudGrowth #DigitalTransformation #GenAI #Innovation