* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, October 19, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    CT Culture Corner: Robert Redford films to watch – CT Insider

    CT Culture Corner: Robert Redford films to watch – CT Insider

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Bella Thorne Shows Off Her Toned Abs in Crop Top – Yahoo

    Bella Thorne Shows Off Her Toned Abs in a Chic Crop Top

    Bricktown continues to thrive as OKC’s entertainment district – OKC VeloCity

    Bricktown Shines as Oklahoma City’s Premier Entertainment Hotspot

    This Haunting ‘60s Country Song Is Even More Tragic Than You Remember – Yahoo

    This Haunting ’60s Country Song Will Break Your Heart All Over Again

    Arts/Entertainment: ‘Wait Until Dark’ brings spooky season center stage – Times Herald Online

    Wait Until Dark’ Delivers Chilling Thrills Perfect for the Spooky Season

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

    How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

    Italian Technology in Manufacturing: Supporting North American Industries and Keeping Production Local – Thomasnet

    How Italian Technology is Revolutionizing North American Manufacturing and Boosting Local Production

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    DLG−Agrifuture Concept Winners 2025 announced – Visionary Ideas in agricultural technology recognized – TheNewsMarket

    Meet the Visionary Innovators Revolutionizing Agricultural Technology in 2025

    Spanning the Gulf: Global Defence Technology 155 – Army Technology

    Spanning the Gulf: Exploring Cutting-Edge Global Defence Technology

    A Nobel Prize for explaining when technology leads to growth – NPR

    Nobel Prize Awarded for Unraveling How Technology Drives Economic Growth

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    CT Culture Corner: Robert Redford films to watch – CT Insider

    CT Culture Corner: Robert Redford films to watch – CT Insider

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Elmira’s New Entertainment Venue ‘Centertown Social’ Adding its Final Touches – WENY News

    Bella Thorne Shows Off Her Toned Abs in Crop Top – Yahoo

    Bella Thorne Shows Off Her Toned Abs in a Chic Crop Top

    Bricktown continues to thrive as OKC’s entertainment district – OKC VeloCity

    Bricktown Shines as Oklahoma City’s Premier Entertainment Hotspot

    This Haunting ‘60s Country Song Is Even More Tragic Than You Remember – Yahoo

    This Haunting ’60s Country Song Will Break Your Heart All Over Again

    Arts/Entertainment: ‘Wait Until Dark’ brings spooky season center stage – Times Herald Online

    Wait Until Dark’ Delivers Chilling Thrills Perfect for the Spooky Season

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

    How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

    Italian Technology in Manufacturing: Supporting North American Industries and Keeping Production Local – Thomasnet

    How Italian Technology is Revolutionizing North American Manufacturing and Boosting Local Production

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    Guide to Proteomics Project Planning: Sample Preparation Strategies – Technology Networks

    DLG−Agrifuture Concept Winners 2025 announced – Visionary Ideas in agricultural technology recognized – TheNewsMarket

    Meet the Visionary Innovators Revolutionizing Agricultural Technology in 2025

    Spanning the Gulf: Global Defence Technology 155 – Army Technology

    Spanning the Gulf: Exploring Cutting-Edge Global Defence Technology

    A Nobel Prize for explaining when technology leads to growth – NPR

    Nobel Prize Awarded for Unraveling How Technology Drives Economic Growth

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

SAP’s Klein bets on cloud stickiness

July 24, 2024
in Technology
SAP’s Klein bets on cloud stickiness
Share on FacebookShare on Twitter

Norbert Steinhauser/SAP SE

The SAP CEO said the quiet part out loud while answering a question on the cloud backlog during the company’s most recent earnings call


Cliff Saran

By

Cliff Saran,
Managing Editor

Published: 24 Jul 2024 15:45

SAP has posted cloud revenue of €4.2bn, up 25% for the second quarter of 2024. The company said the increase in cloud revenue was underpinned by 33% Cloud ERP Suite revenue growth. The move to the cloud also showed up as a decline in software licence revenue, which fell by 27% compared with the same period last year.

According to the transcript of the earnings call posted on Seeking Alpha, revenue from SAP’s Cloud ERP Suite grew a third to €3.4bn.

During the call, SAP CEO Christian Klein discussed uptake of the company’s Grow software, a cloud-only product aimed at smaller businesses and subsidiaries of larger organisations. “About 60% of customers in Q2 were net new,” he said. “We have won almost 1,500 customers. Many of them started their journey with S/4 public cloud finance and are now expanding their SAP ERP footprint.”

Klein claimed the “grow formula” was working. “We have the right ingredients in place in our Cloud ERP Suite,” he said. “Rise brings best-of-suite ERP to our installed base, enabling large enterprises to transform deeply.

“Grow is the perfect choice for greenfield projects for net new customers and subsidiaries of large companies, always in the public cloud. The BTP [Business Technology Platform] brings everything together as the leading platform for B2B transformation.”

He said the firm’s strategy involves moving organisations onto Rise, Grow and BTP first. “We then go into expand mode with our line of business solutions,” said Klein. “Finally, business AI [artificial intelligence] is infused everywhere and lifts the whole portfolio to a new level.

“In every ERP and LOB [line of business] deal we closed, our AI strategy played a key role,” he continued. “And AI had a direct impact on our bookings. In the second quarter, almost 20% of all deals included premium AI use cases. And this is just the beginning. Customers have clear plans to expand their AI consumption on their Rise and Grow transformation journeys.”

Commenting on SAP’s cloud renewal rate, Klein said: “Once a customer has made this move to the cloud and you’re running the most mission-critical systems of your company in the cloud, the business is sticky. It was sticky in the on-premise days and you see it in the support revenue, and it will be also sticky on the cloud side of the house, despite, of course, it’s now a very modular stack.”

He was also asked about SAP’s ability to convince customers to buy into the new AI-enabled technologies it develops and “migrate every few years”. “We now have the first use cases live for Joule in HR, finance and the supply chain space,” said Klein. “Everything we do in order management is already enabled via Joule, and the end users will benefit a lot from efficiency gains.”

He said the Joule AI copilot enabled content search across HR, travel or supply chain-related content, delivering “a massive efficiency booster”.

Read more on Business applications


SAP Sapphire 2024: AI in all its forms – but not only AI

PhilippeDucellier

By: Philippe Ducellier


SAP highlights business AI partnerships, puts Joule in spotlight

JimO'Donnell

By: Jim O’Donnell


SAP Sapphire 2024: Building a modification-free clean-core cloud ERP

AdrianBridgwater

By: Adrian Bridgwater


SAP earnings for Q1 indicate strong cloud growth

JimO'Donnell

By: Jim O’Donnell

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Computer Weekly – https://www.computerweekly.com/news/366596576/SAPs-Klein-bets-on-cloud-stickiness

Tags: KleinSAP’stechnology
Previous Post

ICO reprimands Essex school for illegal facial recognition use

Next Post

Mimecast to buy insider threat specialist Code42

Trump Posts Fake Video of Himself Flying a ‘King Trump’ Jet Over Protesters – The New York Times

Trump Posts Fake Video of Himself Flying a ‘King Trump’ Jet Over Protesters – The New York Times

October 19, 2025
Advancing causal inference in ecology: Pathways for biodiversity change detection and attribution – besjournals

Unlocking Nature’s Secrets: Innovative Methods to Detect and Attribute Biodiversity Change

October 19, 2025
Scientists discover concerning phenomenon that could lead to disastrous storms: ‘Exposed to threats’ – Yahoo

Scientists Reveal Shocking Discovery That Could Spark Devastating Storms

October 19, 2025

Oliver Bogler: Tired of Brilliant Science Getting Lost in Confusing Presentations?

October 19, 2025
The Deceptively Simple Soup Gordon Ramsay Once Cooked For Anthony Bourdain – Yahoo

The Surprisingly Simple Soup Gordon Ramsay Created for Anthony Bourdain

October 19, 2025
How a Gemma model helped discover a new potential cancer therapy pathway – blog.google

How a Gemma Model Revealed a Breakthrough Pathway for Cancer Treatment

October 19, 2025
CAA Football Recap – Oct. 18 – Coastal Athletic Association (CAA

Exciting CAA Football Highlights You Can’t Miss – October 18 Recap

October 19, 2025
Previewing a Dodgers World Series with the Mariners or Blue Jays – MLB.com

Previewing a Dodgers World Series with the Mariners or Blue Jays – MLB.com

October 19, 2025
We look forward to expanding US investments in Egyptian economy: Kouchouk – Dailynewsegypt

Thrilling Prospects: US Boosts Investments to Energize Egypt’s Economy

October 19, 2025
Sabrina Carpenter Teases Tonight’s ‘SNL’ in Behind-the-Scenes Photos – Yahoo

Sabrina Carpenter Shares Exclusive Behind-the-Scenes Photos Ahead of Tonight’s ‘SNL’ Appearance

October 19, 2025

Categories

Archives

October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (875)
  • Economy (896)
  • Entertainment (21,767)
  • General (17,681)
  • Health (9,937)
  • Lifestyle (909)
  • News (22,149)
  • People (897)
  • Politics (907)
  • Science (16,107)
  • Sports (21,396)
  • Technology (15,876)
  • World (879)

Recent News

Trump Posts Fake Video of Himself Flying a ‘King Trump’ Jet Over Protesters – The New York Times

Trump Posts Fake Video of Himself Flying a ‘King Trump’ Jet Over Protesters – The New York Times

October 19, 2025
Advancing causal inference in ecology: Pathways for biodiversity change detection and attribution – besjournals

Unlocking Nature’s Secrets: Innovative Methods to Detect and Attribute Biodiversity Change

October 19, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version