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SAP ramps up cloud play as pandemic bites

​German software giant SAP is doubling down on its cloud ambitions, citing COVID-19 as “an accelerator for transformation”.

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German software giant SAP is doubling down on its cloud ambitions, citing COVID-19 as “an accelerator for transformation”.

The vendor touted its SAP Business Technology Platform (BTP) as the foundation for all SAP applications, integration, customer and partner ecosystem extensions, as well as new innovations, such as ‘industry cloud’ and ‘business network’, in its third quarter financials, published on 25 October.

“COVID-19 has created an inflection point for our customers,” SAP CEO Christian Klein told shareholders. “The move to the cloud combined with a true business transformation has become a must for enterprises, to gain resiliency and position them to emerge stronger out of the crisis.

“Together with our customers and partners we will co-innovate and reinvent how businesses run in a digital world. SAP will accelerate growth in the cloud to more than €22 billion in 2025 and expand the share of more predictable revenue to approximately 85 per cent,” he added.

The vendor said it was responding to…

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