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Update: SAP reports strong revenue growth from HANA and cloud

2013-10-21 13:43:34| InfoWorld: Top News

SAP reported strong revenue growth in its HANA in-memory database and cloud businesses, but also saw revenue from software decline in the third quarter. The company said Monday that its revenue in the quarter was up 2 percent year-on-year to 4 billion ($5.4 billion), according to IFRS (international financial reporting standards). Profit soared 23 percent to 762 million.

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