SAP defies tech gloom with strong software sales

Last week it was encouraging to hear that SAP had announced a stronger-than-expected rise in profits, driven by a rise in software sales.  Considering the current macroeconomic uncertainties and the poor recent results of some other companies in the IT sector, this latest set of financials shouldn’t be sniffed at.

Many analysts were pointing to an increased customer demand for robust cloud computing as a big reason for SAP’s strong software sales performance.  In this instance, SAP’s acquisition of SuccessFactors was also cited as being particularly beneficial. It is clear that in spite of worries over the global economy, many organisations are still continuing to invest in software in a bid to cut costs and improve productivity – and cloud computing is certainly one way of doing this.

Cloud computing will no doubt again be one of the main themes discussed at this year’s User Conference.  So please keep regularly checking the conference website for details for details on the latest cloud computing content.  Of course there will be the opportunity to network with SAP experts but also with your industry peers too.

If you would like to register for the User Group Conference 2012 taking place in Manchester (18-20 November) please follow this link.

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