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UK leads Europe in SAP Hana adoption as it hits €664m globally
This article is part of the CW Europe issue of March 2014
SAP has announced full-year results showing cloud revenue of €1.2bn and overall revenue of €16.8bn. Its Hana in-memory database registered €664m, an increase of 69% on the previous year. Total annual operating profit was €4.9bn, up 10% on last year. Operating margin rose 1.5% to 26.6%. But the supplier revised its expectation of 35% operating margin to arrive in 2017 rather than 2015, as previously indicated. Non-IFRS profit after tax was announced as €4bn, 24% of total revenue, as against €3.6bn, 22% of 2012 revenue. “Hana growth in the UK has been spectacular in 2013,” said SAP's European president, Franck Cohen (pictured). Overall Emea growth for the Hana business was 74% year on year in 2013, he said, compared with 69% worldwide. The UK was number one in SAP’s “innovation” agenda of Hana, cloud and mobility in 2013, he said. For more enterprise software results Oracle revenues rise as cloud services earn keep SAP full year preliminary results indicate 4% increase in revenue to €16.8bn SAP sees solid European growth through ...
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SAP's full-year results show cloud revenue of €1.2bn and overall revenue of €16.8bn. Its Hana in-memory database registered €664m
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