Strong Growth in Cloud spurs growth of SAP HANA
SAP SE full-year earnings posted strong 59% growth year-over-year in non-IFRS cloud subscriptions and support revenue in Asia-Pacific Japan (APJ) in 2014. This was driven by a strong demand for the SAP Cloud portfolio and the SAP HANA platform. Non-IFRS cloud subscriptions and support revenue also grew 98% year-over-year in Q4 across APJ.
SAP’s solid performance for the year in APJ reflected robust migration of existing and new customers to SAP Cloud and strength in its core SAP HANA and Analytics businesses. India delivered strong double-digit software revenue growth in Q4. The company also continued to see broad adoption of SAP HANA across industries and use cases in APJ. Non-IFRS software and software-related service revenue grew 6% (2% at constant currencies) in Q4.
“Our strategy over the longer term is to have new and existing customers operating on the SAP HANA platform,” said Adaire Fox-Martin, President, SAP APJ. “We will continue to focus on our customers in everything that we do, and we have a duty to help them run better, run simple in the SAP Cloud powered by SAP HANA.”
The rise of e-commerce in the region is also boosting demand for omni-channel commerce solutions from hybris and cloud-based procurement and trading network from Ariba. Both hybris and Ariba are SAP companies. Increased demand for the SAP HANA platform was reflected in accelerated growth for SAP Business Suite powered by SAP HANA.
SAP acquired hybris in 2013 and the company officially became part of SAP from January 1, 2015. Hybris was named as a Leader in Gartner’s latest “Magic Quadrant for Digital Commerce” in late September, reflecting the strengthening of its position in the e-commerce market through 2014.
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