Feeds

SAP Q2 sales up 12% despite gloomy Euro market

Tucks Sybase up in bed

New hybrid storage solutions

German business software maker SAP AG reported US second quarter sales growth that offset a licence revenues slump in the European market.

Total sales grew 12 per cent to nearly €2.9bn from €2.6bn in the same period a year earlier.

Overall software and software-related services revenues for the period climbed 16 per cent to €2.26bn from €1.95bn last year.

Pre-tax profit hit €491m in the three months ended 30 June, up from €426m in the company's 2009 Q2.

"We had outstanding growth in strategic markets like the US and we saw continued double-digit growth in key emerging markets in Latin America and Asia," said co-CEO Bill McDermott.

However, while the results were healthy in the US and other markets, McDermott admitted to Reuters that "Europe was probably the only place that we can't declare victory in the terms of the second quarter and the macro overall trend".

SAP also confirmed it had completed the $5.8bn takeover of US database software vendor Sybase Inc, which the European Commission cleared last week.

The firm expects full-year software and software-related revenue to increase by between nine and 11 per cent in constant currency terms, including the addition of Sybase technology to its portfolio. ®

New hybrid storage solutions

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.