In the full year, SAP had revenues of 16.3 billion with a profit of 5.02 billion euros. However, even these results are slightly worse than the earlier announcement from the company, according to which they expected earnings of at least 5.05 billion euros.

Analysts had pretty high expectations for SAP as their largest competitor in the field of enterprise software Oracle reported 17% higher revenues in their last quarterly report. SAP will announce the full results for the last quarter and the whole year before 23rd January.

[Ed – SAP, Microsoft, Oracle, and many other companies that are trying to play in the enterprise space are continuing to push for Software as a service which is the only way they see to maintain profit in the future. Unfortunately they will lose many customers that do not want to put their vital data into the cloud. The next three years are going to be very interesting in the software market from server operating systems to games as companies try to withdraw inside their small islands on the internet to maintain the profits they are used to.]

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