In this episode, Bob reacts to impressive Q2 growth numbers from SAP and cloud business taking over as the company’s largest revenue driver.
Highlights
00:00 — SAP bolstered its case for being a pillar of the Cloud Wars Top 10 with strong Q2 figures, including a 34% growth rate to $3.12B. Cloud business has become the single largest contributor to SAP’s overall revenue.
01:29 — S/4HANA cloud revenue eclipsed $481 million at the end of Q2, up 84%.
02:06 — U.S.-based cloud vendors have been grappling with the havoc caused by recent currency exchange rates and their impact on reporting.
02:58 — SAP’s business technology platform has hit an annualized run rate of more than $1.5B with a growth rate of about 40%.
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