SAP lifts full-year outlook as more customers shift to cloud

By Supantha Mukherjee on Oct 13, 2021 12:04PM

SAP lifts full-year outlook as more customers shift to cloud

Touts 'record adoption' of applications and platform.

German business software group SAP raised its full-year outlook for a third time on the back of a strong showing in the third quarter as more customers shift their IT operations to the cloud. SAP now expects cloud revenue to grow by 16 percent to 19 percent in the year as a whole, helping its ...

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