German software maker SAP on Wednesday reported a 12%rise in third-quarter profit, boosted by strong cloud demand.

SAP SE, Europe’s most valuable software company, reported third-quarter cloud revenue that missed analysts’ estimates in a ...

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SAP reported higher revenue and operating profit for the third quarter and guided for operating profit toward the high end of its prior outlook for the year.

Cloud business revenue was up 27% to $6.13 billion, up more than 25% for five quarters in a row, noted CEO Christian Klein.

At SAP Connect 2025, I had the opportunity to close out the conference with an insightful discussion with Orhan Ozalp, the VP of global SAP and corporate ...

“Growth in SAP’s current cloud backlog, which represents future revenue from cloud subscription contracts, is a key indicator of the company’s long-term predictable revenue stream,” said Forrester ...

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