SAP pushes back targets to capture cloud growth

Hannah Breeze
clock

Sales and margin goals put back two years in order to capitalise on cloud

Software giant SAP has given itself another two years to meet its sales and profit goals in order to reap the benefits of its cloud investment. The Germany-based firm had planned to boost its to...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
'In these dynamic times, SAP can't lose focus': The channel reacts to the vendor's partner summit

Reseller

CRN spoke to three SAP partners during its summit in Twickenham about their relationship with the vendor

clock 23 February 2024 • 9 min read
SAP partner summit: "Cloud migration still the biggest challenge and opportunity for the channel"

Vendor

CRN uncovers the key takeaways from SAP's UK and Ireland Partner Summit focused on the vendor's channel strategy

clock 22 February 2024 • 4 min read
SAP to pay more than $220m to settle bribery charges

Vendor

The settlement follows investigations by the US Securities and Exchange Commission and the US Department of Justice into alleged violations of the Foreign Corrupt Practices Act in South Africa, Indonesia and other countries

clock 12 January 2024 • 3 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Michael Bernhardt to lead global distribution sales at HPE

Michael Bernhardt to lead global distribution sales at HPE

He will work with HPE's sales, marketing, services and enablement teams to help distributors achieve sustainable business success

Andrea Gaini
clock 02 May 2024 • 2 min read
HP prepping partners for AI era with channel programme update

HP prepping partners for AI era with channel programme update

Vendor rolls out new AI training and sustainability programme to help partners unlock growth opportunities

Andrea Gaini
clock 02 May 2024 • 2 min read
AWS hits $100bn annual run rate as AI push accelerates

AWS hits $100bn annual run rate as AI push accelerates

‘We're at $100bn-plus annualised revenue run rate, yet 85 per cent or more of the global IT spend remains on premises. And this is before we even calculate GenAI,’ says Amazon CEO Andy Jassy

Joseph F. Kovar
clock 02 May 2024 • 6 min read