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HomeBusinessSAP reports rise in quarterly profit as cloud demand holds up

SAP reports rise in quarterly profit as cloud demand holds up

April 23: Europe’s largest software maker SAP on Thursday reported a 17 per cent increase in first-quarter profit, boosted by strong cloud demand. Cloud revenue rose to 5. 96 billion euros ($6. 96 billion) in the quarter, up from 4. 99 billion euros a year ago, the German company said. SAP continues to exp

Read full story on Channel Newsasia

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