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Cloud, Software Revenue Helps SAP Achieve Robust Growth

Cloud, software Revenue Helps SAP Achieve Robust Growth

SAP says it has witnessed robust growth in Asia Pacific Japan (APJ) for the fourth quarter and full year ended 31 December 2015, underpinned by strong growth in cloud and software revenue.

In the fourth quarter in APJ, non-IFRS cloud and software growth was 18%. Non-IFRS cloud subscriptions and support revenue in APJ grew 55%. The region saw exceptional momentum in new cloud bookings and grew in triple-digits.

For the full year, non-IFRS cloud and software revenue in APJ grew by 20%. Cloud subscriptions grew by 99%.

“In Asia Pacific Japan, our cloud revenues have been growing at an increasing rate. SAP HANA, the key enabler of our portfolio, saw double-digit growth and has become the real-time data platform of choice. The combination of a fast-growing cloud business and a growing core puts us in a unique position to support customers in their journey to run simple, go digital and compete in the digital economy,” said Adaire Fox-Martin, President, SAP Asia Pacific Japan.

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