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SAP says preliminary Q4 results show strong jump in software revenues

2013-01-15 22:53:10| InfoWorld: Top News

SAP's revenue from software and software-related services showed ample growth thanks in part to its HANA in-memory database and to strength in its portfolio of cloud applications, the company said Tuesday as it reported preliminary numbers for the quarter and year ended Dec. 31. The company achieved a "breakthrough in the cloud" and "overachieved" on its SAP HANA revenue ambition, co-CEOs Jim Hagemann Snabe and Bill McDermott said in a statement.

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