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SAP Asia Pacific Japan Continues Fast Growth in Cloud in Q1FY16 | ||
New Delhi, Delhi, India SAP SE (NYSE: SAP) today announced financial results in the Asia Pacific Japan (APJ) region for its fiscal year 2016 first quarter ending March 31, 2016. Non-IFRS cloud subscriptions and support revenue grew 26%. Non-IFRS cloud and software revenue was up 1%. Total revenues for the first quarter were €704 million.
“Our cloud business continues its strong growth trajectory in Asia Pacific Japan, powered by strong growth in SAP HANA. There is growing interest in S/4HANA as more customers seek to reduce the complexity of business processes, reduce hardware costs and reinvent their business for the digital world,” said Adaire Fox-Martin, President, SAP Asia Pacific Japan.
The SAP HANA Enterprise Cloud is increasingly attracting customers to migrate their mission critical processes to the cloud and simplifying the path to S/4HANA adoption. SAP added more than 500 S/4HANA customers in the quarter, growing the S/4HANA customer base to more than 3,200 globally.
SAP customer highlights in the first quarter:
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About SAP As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable approximately 310,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably.
For more information, visit www.sap.com.
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