SAP’s software revenue grew 26 percent in its second quarter to Â¬1.06 billion (US$1.30 billion), coming in at
the high end of expectations, the company announced Thursday.
Software and software-related services revenues rose 21 percent to Â¬3.12 billion, according to SAP, which will
release its full second-quarter results on July 24. The results were reported according to IFRS (international
financial reporting standards).
Operating profit was up 7 percent to Â¬0.92 billion, SAP said.
“Our record performance speaks for itself. We delivered double-digit growth in all regions driven by strong
momentum from the core as well as SAP HANA, mobile and the cloud,” co-CEOs Bill McDermott and Jim Hagemann Snabe
said in a statement.
SAP’s HANA in-memory database and other database technologies “had an outstanding quarter with significant deals
in all regions,” according to SAP. HANA was first released last year and is being positioned as a future
convergence point for all of SAP’s software.
The company recently acquired SuccessFactors to improve its hand in the cloud software market. Through that move
and other activities, SAP’s company headcount has grown by about 5,000 so far this year, according to Thursday’s
Chris Kanaracus covers enterprise software and general technology breaking news for The IDG News
Service. Chris’s e-mail address is Chris_Kanaracus@idg.com