Cloud Wars
  • Home
  • Top 10
  • CW Minute
  • CW Podcast
  • Categories
    • AI and Copilots
    • Innovation & Leadership
    • Cybersecurity
    • Data
  • Member Resources
    • Cloud Wars AI Agent
    • Digital Summits
    • Guidebooks
    • Reports
  • About Us
    • Our Story
    • Tech Analysts
    • Marketing Services
  • Summit NA
  • Dynamics Communities
  • Ask Copilot
Twitter Instagram
  • Summit NA
  • Dynamics Communities
  • AI Copilot Summit NA
  • Ask Cloud Wars
Twitter LinkedIn
Cloud Wars
  • Home
  • Top 10
  • CW Minute
  • CW Podcast
  • Categories
    • AI and CopilotsWelcome to the Acceleration Economy AI Index, a weekly segment where we cover the most important recent news in AI innovation, funding, and solutions in under 10 minutes. Our goal is to get you up to speed – the same speed AI innovation is taking place nowadays – and prepare you for that upcoming customer call, board meeting, or conversation with your colleague.
    • Innovation & Leadership
    • CybersecurityThe practice of defending computers, servers, mobile devices, electronic systems, networks, and data from malicious attacks.
    • Data
  • Member Resources
    • Cloud Wars AI Agent
    • Digital Summits
    • Guidebooks
    • Reports
  • About Us
    • Our Story
    • Tech Analysts
    • Marketing Services
    • Login / Register
Cloud Wars
    • Login / Register
Home » SAP Expecting ‘Largest Q4 on Record’: CEO Christian Klein
Cloud

SAP Expecting ‘Largest Q4 on Record’: CEO Christian Klein

Bob EvansBy Bob EvansNovember 9, 20223 Mins Read
Facebook Twitter LinkedIn Email
SAP q4
Share
Facebook Twitter LinkedIn Email

Following several quarters of rising growth in the cloud, SAP expects to post “our largest Q4 on record” for order-entry and new cloud business, according to CEO Christian Klein.

After posting 34% cloud-revenue growth in Q2 and then 38% in Q3, “SAP’s cloud transformation has reached a tipping point, and we’re at an important inflection point for the company after beginning our transformation two years ago,” Klein said on SAP’s Q3 earnings call late last month.

For more detail on that, please see my first-take analysis of SAP’s Q3 earnings: SAP Cloud Surge Accelerates: Cloud Revenue up 38%, ERP 98%. That piece includes my list of six primary reasons why SAP’s rise to prominence in the cloud is only beginning.

During SAP’s Q3 earnings call late last month, Klein said, “We feel very positive about the resilience we have built into our future business” and noted that predictable revenue now accounts for 80% of SAP’s total, up from 72% just two years ago when SAP became fully committed to transforming to the cloud.

And Klein sees more cloud strength coming in Q4.

“Despite the macro challenges, we see strong demand as our SaaS portfolio is especially relevant during these times,” Klein said on the call.

“And we anticipate that the flywheel effect of our Business Technology Platform, together with our partner ecosystem, will power strong cloud consumption.”

As the graphic below indicates, SAP’s cloud business delivered a very impressive Q3 across the board. Two things to note about the numbers below:

  1. Since SAP is based in Germany, it publishes its results in euros, not dollars. For the past few weeks, the euros-to-dollars conversion rate has been very close to parity, so the numbers in the graphic below can be converted to dollars pretty much at a 1:1 ratio.
  2. SAP has chosen to use growth rates in this graphic that represent constant currency, and thereby do not take into account the currency-exchange fluctuations that have rocked the global economy over the past several months. In my coverage of SAP, I use its formal numbers rather than the constant-currency numbers, and that accounts for the discrepancies you’ll see between the numbers in this graphic and other figures I’ve reported for SAP’s Q3.
Graphical user interface, text, application, email

Description automatically generated
Source: SAP.com coverage of Q3 results

Graphical user interface

Description automatically generated
Source: SAP.com coverage of Q3 results

To see more Cloud Wars content, including all recorded sessions from June’s live Cloud Wars Expo, please register here for your Cloud Wars Expo on-demand pass. The on-demand pass, which is included with your Acceleration Economy subscription, gives you access to approximately 40 hours of invaluable educational content from last month’s event.

CLIck here to get your cloud wars expo on-demand pass noW

Interested in SAP?

Schedule a discovery meeting to see if we can help achieve your goals

Connect With Us

Book a Demo

Cloud Cloud Wars Archive Earnings Call featured metrics SAP
Share. Facebook Twitter LinkedIn Email
Founderuser

Bob Evans

Founder
Cloud Wars

Areas of Expertise
  • AI
  • Cloud
  • Digital Business
  • Innovation
  • Leadership
  • LinkedIn

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.

  Contact Bob Evans ...

Related Posts

AI Agents, Data Quality, and the Next Era of Software | Tinder on Customers

July 3, 2025

AI Agent & Copilot Podcast: AIS’ Brent Wodicka on Operationalizing AI, the Metrics That Matter

July 3, 2025

Ajay Patel Talks AI Strategy and Enterprise Adoption Trends | Cloud Wars Live

July 2, 2025

Slack API Terms Update Restricts Data Exports and LLM Usage

July 2, 2025
Add A Comment

Comments are closed.

Recent Posts
  • AI Agents, Data Quality, and the Next Era of Software | Tinder on Customers
  • AI Agent & Copilot Podcast: AIS’ Brent Wodicka on Operationalizing AI, the Metrics That Matter
  • Ajay Patel Talks AI Strategy and Enterprise Adoption Trends | Cloud Wars Live
  • Slack API Terms Update Restricts Data Exports and LLM Usage
  • Google Cloud Still World’s Hottest Cloud and AI Vendor; Oracle #2, SAP #3

  • Ask Cloud Wars AI Agent
  • Tech Guidebooks
  • Industry Reports
  • Newsletters

Join Today

Most Popular Guidebooks

Accelerating GenAI Impact: From POC to Production Success

November 1, 2024

ExFlow from SignUp Software: Streamlining Dynamics 365 Finance & Operations and Business Central with AP Automation

September 10, 2024

Delivering on the Promise of Multicloud | How to Realize Multicloud’s Full Potential While Addressing Challenges

July 19, 2024

Zero Trust Network Access | A CISO Guidebook

February 1, 2024

Advertisement
Cloud Wars
Twitter LinkedIn
  • Home
  • About Us
  • Privacy Policy
  • Get In Touch
  • Marketing Services
  • Do not sell my information
© 2025 Cloud Wars.

Type above and press Enter to search. Press Esc to cancel.

  • Login
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.