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SAP Announces Q1 2024 Results

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WALLDORF — SAP SE today announced its financial results for the first quarter ended March 31, 2024.

 

  • Cloud revenue up 24% and up 25% at constant currencies, supported by 32% Cloud ERP Suite revenue growth at constant currencies
  • Current cloud backlog of €14.2 billion, up 27% and up 28% at constant currencies
  • IFRS cloud gross profit up 27%, non-IFRS cloud gross profit up 27% and up 28% at constant currencies
  • IFRS operating loss of –€0.8 billion due to a €2.2 billion restructuring provision
  • Non-IFRS operating profit up 16% and up 19% at constant currencies even including higher share-based compensation resulting from strong share price increase
  • Outlook 2024 reaffirmed

 

 

“We’re off to a great start in 2024 and we’re confident we’ll achieve our goals for the year. Looking ahead, we have powerful growth drivers in place – Business AI, cross-selling across our cloud portfolio, and winning new customers particularly in the midmarket. The strength of our current cloud backlog reaching a record growth rate is a testament to that momentum. Our transformation program is also well on track and will help us to capture this growth and increase efficiency.”

Christian Klein, CEO

 

“In the first quarter we successfully kicked off the implementation of our transformation program thereby allowing us to focus our investments on the Business AI opportunity while decoupling expense from revenue growth. We are also very pleased by the unabated growth momentum of the Cloud ERP Suite, reflecting the market’s secular shift towards integrated cloud solutions.”

Dominik Asam, CFO

 

A propos de SAP :

La stratégie de SAP est d’aider chaque organisation à fonctionner en « entreprise intelligente » et durable. En tant que leader du marché des logiciels d’application d’entreprise, nous aidons les entreprises de toutes tailles et de tous secteurs à opérer au mieux : 87 % du commerce mondial total est généré par nos clients. Nos technologies de Machine Learning, d’Internet des objets (IoT) et d’analyse avancée aident nos clients à transformer leurs activités en « entreprises intelligentes ». SAP permet aux personnes et aux organisations d’avoir une vision approfondie de leur business et favorise la collaboration pour qu’ils puissent garder une longueur d’avance sur leurs concurrents. Nous simplifions la technologie afin que les entreprises puissent utiliser nos logiciels comme elles le souhaitent, sans interruption. Notre suite d’applications et de services end-to-end permet aux clients privés et publics de 25 secteurs d’activité dans le monde entier, de fonctionner de manière rentable, de s’adapter en permanence et de faire la différence. Grâce à un réseau mondial de clients, de partenaires, d’employés et de leaders d’opinion, SAP aide le monde à mieux fonctionner et à améliorer la vie de chacun.

 

Contacts Presse 

Sylvie.lechevin@sap.com / sap@the-arcane.com

The post SAP Announces Q1 2024 Results appeared first on SAP France News.

Source de l’article sur sap.com

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SAP Announces Fourth Quarter and Full-Year 2022 Results

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WALLDORF — SAP SE (NYSE: SAP) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2022.

SAP Announces Q4 and FY 2022 Results

  • All financial outlook metrics met in FY 2022
  • Cloud revenue up 33% and up 24% at constant currencies in FY 2022. Q4 S/4HANA cloud revenue further accelerates, up 101% and up 90% at constant currencies
  • Current cloud backlog exceeds €12 billion, up 27% and up 24% at constant currencies
  • IFRS cloud gross profit up 38%, non-IFRS cloud gross profit up 37% and up 28% at constant currencies in FY 2022
  • IFRS operating profit flat, non-IFRS operating profit down 2% and down 7% at constant currencies in FY 2022. Q4 IFRS operating profit up 17%, non-IFRS operating profit up 5% and up 2% at constant currencies
  • 2023 outlook anticipates accelerating topline and double-digit non-IFRS operating profit growth
  • Targeted restructuring in 2023 reflects focus on strategic growth areas and accelerated cloud transformation
  • SAP has decided to explore a sale of its stake in Qualtrics

“SAP is more resilient than ever. We end 2022 with continued strong cloud momentum and a return to operating profit growth in the fourth quarter, marking an important inflection point. Heading into 2023, this gives us great confidence in delivering on our promise of accelerating topline and double-digit non-IFRS operating profit growth. As we enter the next chapter of SAP, I want to thank Luka for his great partnership on this journey.”

Christian Klein, CEO

“In my 37th and final earnings for SAP, I am proud that the SAP team is announcing excellent results and continued cloud momentum. We are on track to deliver our growth and profitability commitments for 2023. I am extremely confident in the continued success of SAP’s most exciting transformation in its history. Thank you to the wonderful SAP family that I have been part of for 27 years.”

Luka Mucic, CFO

 

Read the Quarterly Statement

The post SAP Announces Fourth Quarter and Full-Year 2022 Results appeared first on SAP France News.

Source de l’article sur sap.com

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Harness the Power of Digital Transformation With the Help of Citizen Development

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The demand for automation has skyrocketed across industries and global markets in the past few years, and the need for workflows along with it. Why? Because they make communication easier, reduce time and effort, enhance functionality, and improve control, leading to increased organizational efficiency. They allow businesses to identify and respond to new opportunities.

More and more organizations are embracing digital transformation and changing the way they operate. But for digital technology to be integrated into all areas of a business, solutions must be built. Systems, processes, workflows must change. This transformation puts a lot of pressure on IT, a department that’s already overwhelmed. Digital transformation can no longer be solely driven by IT, and that’s where citizen development comes in. With citizen development, companies can pursue their digital transformation initiatives without worrying about IT’s backlog.

Source de l’article sur DZONE

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Scrum, Sprint et Backlog produit

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Selon la méthode agile SCRUM, les développements applicatifs sont organisés selon une récurrence de « Sprints », cycles de développements partiels.
Pendant un Sprint, des réunions appelées « Scrum » établissent le point d’avancement des travaux depuis la dernière réunion et organise la suite jusqu’à la réunion suivante.
Chaque Sprint se termine par une phase de test des fonctionnalités livrées « en l’état ».
Le « Backlog » de produit référence les fonctionnalités implémentées.

Le fait de livrer « au fil de l’eau » les modules applicatifs réalisés permet de vérifier l’appréciation du « client » à chaud et d’opérer sans attendre les corrections et ajustements, dans une situation de correctifs mineurs.

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