Skip to content

SAP officials reassure about sustained customer interest.

At Europe's leading software manufacturing company, SAP, officials have eased investors' worries about a recent downturn in the industry. In a Q&A session with analysts during the Sapphire customer conference in Orlando (Florida) on Wednesday night, Scott Russell, head of sales, acknowledged...

A sign reading "SAP" hangs on a building.
A sign reading "SAP" hangs on a building.

Company that creates computer programs - SAP officials reassure about sustained customer interest.

Given the recent unfavorable industry news, SAP manages to appear more positive about the current demand situation, as stated by Baader Bank analyst Knut Woller. This might imply that SAP, a Walldorf-based firm, is currently dealing better with the situation compared to other companies attempting to stand out by offering specialized solutions in specific areas. The announcement set for 2027 for terminating traditional software maintenance for selected core applications could also be a contributing factor. SAP strategically wants to steer its clients towards cloud software, which can be accessed online through usage fees.

Read also:

Comments

Latest