SAP to take €130m hit on withdrawing tech support from Russia

SAP has reaffirmed its 2022 outlook for revenue, despite seeing a €130 million ($141 million) reduction resulting from its decision to withdraw cloud services and on-prem software support from Russian customers. The German application software giant saw revenue hit €7.1 billion ($7.7 billion) in the first quarter, up 11 …

[TeeCee]

Hang on.

Surely, if we really want to bleed the bastards white, we should be trying to get more SAP installations in Russia?

[Doctor Syntax]

Re: Hang on.

And send Oracle & Microsoft in to do licence audits.

[Doctor Syntax]

"SAP has reaffirmed its 2022 outlook for revenue, despite seeing a €130 million ($141 million) reduction resulting from its decision to withdraw cloud services and on-prem software support from Russian customers. etc."

£?

[Anonymous Coward]

If you're going to advocate for obscure currencies, I'd pick ElReg's Pogba (pg).

[Anonymous Coward]

Wow if tech support makes €130M then it sure sounds like a pile of the steamy stuff ...