Latest / Cloud Wars Live with Bob Evans
SAP Still Hottest Apps Vendor on 22.8% Cloud-Rev. Growth in Q3
In today's Cloud Wars Minute, I show how SAP’s seamless data strategy is driving real business value in the age of AI.
Highlights
00:14 — SAP reported a very nice third quarter last week. Some highlights from SAP Q3, and then I'll do the comparisons with its competitors. So, the cloud revenue overall is up 22% to $6.14 billion. Ad their current cloud backlog, which is pretty close to RPO (Remaining Performance Obligation), the term some companies use, was up 23% to $18.1 billion.
01:24 — SAP is at the top, up 22% to $6.14 billion. Second place, Workday: 14% to $2.17 billion. Then Oracle, up…
The skinny
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