SAP Asia Pacific and Japan (APJ) cloud revenue increases 31% in Q2 2022

Forums Forums News Articles for study SAP Asia Pacific and Japan (APJ) cloud revenue increases 31% in Q2 2022

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • Simon
    Keymaster

    Select the correct words from the list below.

    announced, strengthening, looking, putting, combines, slowing, seeing, is, driving, went, showed, winning

    On July 21, SAP ________ its Q2 2022 earnings.

    SAP is executing on its cloud-led strategy, which is ________ accelerating cloud growth through both new business and cloud adoption by existing customers.
    Cloud revenue is up 34% and up 24% at constant currencies to become the largest revenue stream

    Christian Klein, CEO of SAP, said “As our Q2 results demonstrate, SAP’s portfolio is more relevant than ever. Our transition to the cloud ________ ahead of schedule and we have exceeded top-line expectations, with cloud revenue becoming SAP’s largest revenue stream. Our pipeline is strong, and we are ________ market share underpinned by the very strong 100% growth of S/4HANA current cloud backlog.”

    Through Q2, more leading Asian companies adopted SAP cloud, with continued demand for RISE with SAP across customers of all sizes and all industries. RISE with SAP is a Business Transformation as a Service (BTaaS) subscription offering that ________ a set of products and services, the main component of which is S/4 HANA Cloud edition, enabling customers’ cloud infrastructures to run in a SAP data centre, or with their hyperscaler of choice.

    SAP Asia Pacific and Japan (APJ) grew cloud revenue to 389M Euros in Q2 2022, an increase of 31% over the same period 2021. Japan and India in particular ________ strong cloud revenue momentum. Total APJ Q2 2022 revenue grew to 1.112B Euros, up 8% over the same period 2021.

    President of SAP APJ, Paul Marriott, said the company is ________ ongoing demand for RISE with SAP solution from a wide range of industry sectors, and noted there was a distinct trend this quarter from travel and manufacturing companies ________ to future-proof their organizations, and deliver business impact through real-time insights and operational efficiencies.

    “The momentum shows no signs of ________ . We are seeing new and existing customers innovating, expanding, and setting themselves up for future success – whatever the future looks like. In an uncertain world, one thing we can be sure of is that being future-ready means ________ technology at the heart of your business and focusing on digital transformation; bringing transparency across the supply chain; ________ business networks; and incorporating sustainability throughout your operation, because there is either sustainable business – or there is no business.”

    During Q2 2022, new RISE with SAP customers in APJ included Malaysia Airlines, Mitsubishi Materials Corporation, Bridgestone Australia, Sumitomo Rubber Industries Ltd., Mapletree Investments Pte Ltd, and ST Logistics Pte Ltd. Additionally, HCL Technologies, a leading global technology company and SAP global strategic service partner (GSSP), ________ live with RISE with SAP in the same quarter.

    Alexander
    Keymaster

    Thanks for putting this up! I’m just testing this function! Catch ya later!

Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
LearnSpace-beta-logo-1

Copyright © 2021 Keith Industries Learning. All rights reserved