Estimated reading time: 0 minutes, 57 seconds

BIZ BYDESIGN WINNING BIG SITES

Jim Hagemann-Snabe, SAPThe repositioning of SAP's Business ByDesign application up market is apparently going well. In a webcast regarding SAP's fourth-quarter results, the company pointed to success in that arena. "ByDesign is gaining further traction among larger customers," co-CEO Jim Hagemann-Snabe said during the discussion.
He said Lufthansa had adopted ByD for a 300-user implementation and that in general "We are selling more users per customers." Hagemann-Snabe also said ByD is replacing competing cloud-based products. And with the acquisition of Success Factors, SAP is upping its claims for the cloud."We are now the leading cloud player," the executive claimed. No statistics providing regarding the number of ByD or Business One units sold although the latter product was described as fast-moving. And now for the numbers in IFRS and translated from euros. After-tax profit was about $587 million, a 10-percent hike from last year's first quarter. Revenue was roughly $4.4 billion, an 11-percent rise from a year ago. Software revenue was around $842 million, a rise of 4 percent. Support income of about $2.58 billion represented a 14-percent increase over a year ago. SAP also started breaking out cloud revenue, which was $38.3 million, up sharply from a very small base.
Read 2116 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.