German software maker SAP's quarterly cloud revenue leaps 25%

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:Europe's largest software maker SAP reported a 25 per cent jump in its cloud business and beat analysts' estimates for total revenue for the second quarter on Monday.

The company's total revenue rose 10 per cent to 8.29 billion euros ($9.02 billion), edging past analysts' consensus of 8.

"We continue to invest into our transformation to be the leader in Business AI.

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Category: EconomyBusiness

Markets: Singapore

Topics: Cloud Billion Company Cent Software Revenue Total 2024 Business Euros Analysts

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-23 @ 04:15:18 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 293 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 21738377

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