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back to article And relax: No repeat car crash financials for SAP in 2021 as cloud services come good

ERP specialist SAP saw Q4 cloud revenue jump 28 per cent compared with the same period a year earlier to hit €2.61bn In preliminary results, total revenue for calendar 2021 was up 6 per cent year-on-year to €7.98bn - a marked contrast to the car crash financials served up by SAP for 2020. Customer migration to the vendor's …

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  1. Anonymous Coward
    Anonymous Coward

    On prem?

    Currently been waiting over 6 weeks for confirmation of a software quote. No wonder on-prem sales are down,

    1 0 Reply
    1. Anonymous Coward
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      Anonymous Coward

      Re: On prem?

      Just found out that since 1st Jan this year, none of the SAP sales team are being paid for on-prem licence sales! From April, all the Partner discounts drop, though it's going to be difficult for partners to get a quote as they need someone in sales to confirm the quote - sales aren't known for doing stuff for nothing.

      SAP have said to their customers that the stock market values cloud over on-prem and their only concern is the share holders, so CLOUD OR BUST!!!

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