Feeds

SAP still not a force in cloud after sales cash drizzle

Q1 not quite the deluge of euros software biz hoped for

Designing a Defense for Mobile Applications

German software maker SAP AG is facing an uphill battle to become a force in the cloud market after revealing subscription-based sales amounted to just €29m (£23.7m) in Q1.

This represents year-on-year growth of 625 per cent on the opening three months of 2011 but that's clearly from a minuscule base.

Total revenues were up eight per cent in constant currency to €3.35bn (£2.7bn) including a modest one per cent rise in traditional software sales to €637m, but software and related services fared better, up ten per cent to €2.62bn (£2.1bn).

The firm said it "moved swiftly" to overcome sales execution issues in North America where sales where it "saw a weaker performance than expected" and added that some European markets "started slower".

The HANA push - a platform of software and partner hardware - contributed €28m, and mobile added €21m.

The SuccessFactors acquisition, on a standalone basis, saw a 69 per cent year-on-year spike in Q1 billings from new biz customers, SAP said.

“We see strong momentum for our flagship in-memory platform SAP HANA, our cloud and mobile solutions, and our core applications and analytics products,” said SAP joint CEOs Bill McDermott and Jim Hagemann Snabe in a statement.

"SAP continues to help companies run like never before – helping to solve fundamental business challenges with unmatched industry expertise," they added. ®

The Power of One eBook: Top reasons to choose HP BladeSystem

More from The Register

next story
Apple fanbois SCREAM as update BRICKS their Macbook Airs
Ragegasm spills over as firmware upgrade kills machines
Attack of the clones: Oracle's latest Red Hat Linux lookalike arrives
Oracle's Linux boss says Larry's Linux isn't just for Oracle apps anymore
THUD! WD plonks down SIX TERABYTE 'consumer NAS' fatboy
Now that's a LOT of porn or pirated movies. Or, you know, other consumer stuff
EU's top data cops to meet Google, Microsoft et al over 'right to be forgotten'
Plan to hammer out 'coherent' guidelines. Good luck chaps!
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
FLAPE – the next BIG THING in storage
Find cold data with flash, transmit it from tape
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.