Capital Market Story
In the digital era, businesses that are able to harness their data faster and more effectively will be the ones that succeed through disruption.
As the world’s largest enterprise software company, SAP offers perspective on the massive scale and power of data. Our customers have a vast amount of enterprise data assets flowing through our SAP ERP and cloud applications and business networks every day. Our enterprise resource planning applications touch?77% of global transaction revenue, we run the world’s largest business network with over US$3.7 trillion in commerce annually.
At SAP, our purpose is to help the world run better and improve people’s lives. Our promise is to innovate to help our customers run at their best.
SAP is committed to helping every customer become a best-run business. We engineer solutions to fuel innovation, foster equality, and spread opportunity across borders and cultures. Together, with our customers and partners, we can transform industries, grow economies, lift up societies, and sustain our environment. SAP is improving lives on a global scale through our support of the?17 United Nations Sustainable Development Goals.?
We have a powerful combination of a?fast-growing cloud business?and a growing core. SAP anticipates that the fast-growing cloud business along with growth in support revenue will drive a?higher share of more predictable revenue.
SAP expects the total of cloud subscriptions & support revenue and software support revenue to be at approximately?72%?of total revenue in 2020, and approaching 80% in 2023.
