The firm’s cloud backlog, which reflects sales that will be booked over the next twelve months, gained 25% to €15.4 billion. Shares of the company rose as much as 5.9% in Frankfurt on Tuesday ...
SAP SE’s shares rose to a record as cloud revenue soared at Europe’s biggest software company, which is transitioning customers away from locally run systems with the promise of artificial ...
Cloud revenue jumped 25% to EUR4.35 billion ... SAP ADRs recently were up about 2% to $233.41 after touching a record $237.71 earlier Tuesday morning. They are more than 50% higher this year.