Larry Dignan / Constellation Research:

SAP reports Q2 cloud revenue up 25% YoY to €4.15B, revenue up 10% YoY to €8.29B, a €918M net profit, and says a “restructuring” will affect ~10,000 jobs  —  SAP in the second quarter said its cloud revenue was up 25% and CEO Christian Klein said its Business AI efforts are “enabling many deals.”

Larry Dignan / Constellation Research:

SAP reports Q2 cloud revenue up 25% YoY to €4.15B, revenue up 10% YoY to €8.29B, a €918M net profit, and says a “restructuring” will affect ~10,000 jobs  —  SAP in the second quarter said its cloud revenue was up 25% and CEO Christian Klein said its Business AI efforts are “enabling many deals.”

Source: TechMeme
Source Link: http://www.techmeme.com/240722/p17#a240722p17