Mega vendors: Quarterly results Q1 2013

3/5

SAP grows in-memory , mobile and cloud businesses

Source:  Computer Weekly

Globally, SAP received €824m in non-IFRS software and cloud subscription revenue in the first quarter, a 23% gain on Q1 2012. 

HANA contributed €86m. Its mobile business had double digit growth, and its annual cloud revenue run rate is close to €900m said the Q1 results statement. Total revenue was €3,601m, up €251m on Q1 2012, an increase of some 7%.

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