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SAP revenue in fourth quarter boosted by cloud, HANA, mobile

2013-01-23 17:41:38| InfoWorld: Top News

SAP's revenue in the fourth quarter grew by 12 percent, helped by strong growth in the market for its cloud applications, its HANA in-memory database and mobile applications. Revenue in the fourth quarter ended Dec. 31 was  5 billion ($6.6 billion at the exchange rate on the last day of the quarter), up 12 percent from the same quarter a year earlier, according to IFRS (international financial reporting standards). Software and software-related service revenue for the quarter was 4.2 billion, up 14 percent from a year earlier.

Tags: mobile fourth quarter revenue

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