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SAP's revenue mix is slowly shifting to cloud, preliminary figures show

2014-01-10 17:42:29| InfoWorld: Top News

SAP's business is gradually shifting to the SaaS (software as a service) model while sales of its Hana in-memory database platform continue to grow quickly, according to preliminary fourth-quarter and year-end results the company released Friday. Software revenue for the quarter ended Dec. 31 fell 2 percent on an IFRS (international financial reporting standards) basis to 1.9 billion ($2.58 billion), while cloud subscriptions and support jumped 66 percent to 209 million ($284 million), SAP said.

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Industrial output figures disappoint

2014-01-10 12:23:08| BBC News | Business | UK Edition

Weaker-than-expected UK industrial output and construction figures cast doubts over the strength of the UK's economic recovery.

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US: Cider growth marches on as on-trade FY volumes soar - figures

2014-01-09 15:35:00| Daily beverage news and comment - from just-drinks.com

Cider continued its significant growth in the US last year as on-trade volumes rose sharply, while craft beer continued to steal category share, according to recent figures.

Tags: growth figures volumes soar

US: Beer suffers in on-trade as wine holds firm in FY - figures

2014-01-07 11:28:00| Daily beverage news and comment - from just-drinks.com

On-trade volumes across all alcohol categories in the US fell last year, with beer suffering the most and wine the least, according to latest figures.

Tags: in firm figures wine