SAP experiences 28% bounce in This fall cloud income as extra clients shift to cloud By Reuters

© Reuters. FILE PHOTO: SAP emblem at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski

(Reuters) – German enterprise software program group SAP on Thursday reported a 28% income improve in its cloud enterprise within the fourth quarter, as the expansion of its cloud enterprise database accelerated with extra clients shifting their IT operations to the cloud.

SAP cloud income rose 28% to 2.61 billion euros ($2.99 billion) within the fourth quarter ended Dec. 31, the corporate reported in a preliminary earnings assertion on Thursday.

($1 = 0.8731 euros)

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