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Home » Cloud Wars Minute: SAP Credits RISE Program for Significant Q1 Growth
Cloud Wars Minute

Cloud Wars Minute: SAP Credits RISE Program for Significant Q1 Growth

Bob EvansBy Bob EvansApril 26, 2022Updated:April 26, 20221 Min Read
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Welcome to the Cloud Wars Minute — your daily news and commentary show, hosted by Cloud Wars Founder Bob Evans. Each episode provides insights and perspectives around the “reimagination machine” that is the Cloud.

Highlights

00:15 — Last week, SAP filed its Q1 financial results. Its biggest driver of success was RISE, which is a non-technology or non-product offering. So far, there are no competitors for the SAP RISE program.

00:50 — The RISE program has had a significant impact on SAP in the last four quarters. For instance, CEO Christian Klein reported that RISE drove its ERP product revenue up in the last quarter. Customers were also more easily able to find and deploy other products and services through this.

01:50 — There have been three primary reasons that Klein identified for why customers are adopting RISE. Firstly, it enables them to reimagine and reconstruct new business processes that match the digital requirements of the future.

02:20 — RISE also allows them to move to an agile cloud ERP, S/4HANA Cloud, and helps them prepare the foundation to move into the digital future.

02:45 — It provides them a platform for easy adoption of industry clouds, sustainability cloud, and other procurement and access to suppliers via the Business Network.

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Bob Evans

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Cloud Wars

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Cloud Wars Founder Bob Evans actively analyzes the Cloud and AI categories through video reports, in-depth analyses, and interviews with the Cloud and AI market’s leaders and innovators. He’s also the creator of the Cloud Wars Top 10, a ranking and ongoing analysis of the world's most influential tech companies driving digital business and the digital economy. Bob is recognized as a world-class strategic communicator focused on emerging business strategy, disruptive innovation, and forward-looking leadership.

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