SAP Announces Second Quarter and Half-Year 2019 Results
SAP Announced its second quarter and 2019 half year results on www.sap.com. The results continue to show growth for SAP HANA and SAP S/4HANA. This growth mirrors Approyo's growth and accolades throughout 2019 and align with our vision as the premier SAP Platform as a service partner.
SAP’s strategy is to be “The Experience Company powered by the Intelligent Enterprise.” This strategy represents an expansion of the Intelligent Enterprise to include a new category, called Experience Management. Experience Management focuses on obtaining and tapping into the value of outside-in customer, employee, product, and brand feedback in real time to continuously improve the experiences businesses deliver.
Numbers at a glance:
Cloud Revenue Up 40%
Cloud Gross Margin Up 4 Percentage Points
Cloud & Software Revenue and Total Revenue Up 11%
Qualtrics Experience Management Solutions Drive Fast Growth in Customer Experience and Employee Experience
SAP S/4HANA Momentum Continues, Growing to More Than 11,500 Customers
Operating Profit (IFRS) Down 21% Due to Ongoing Restructuring and Significant Share Price Increase
Operating Profit (Non-IFRS) Up 11% Benefitting from Operational Discipline and Increased Cloud Efficiency
“SAP delivered double digit growth in total revenue, cloud revenue and non-IFRS operating income. Qualtrics is growing fast as the global standard in the Experience Management category. As shown by our rising cloud gross margins, we are progressing nicely on our ambition to be the Best-Run SAP. With XM driving the CEO digital transformation agenda, we resolutely reaffirm our full year guidance.” Bill McDermott, CEO
SAP S/4HANA SAP S/4HANA is at the core of the Intelligent Enterprise. It drives digital transformation and delivers instant business value. SAP offers customers a choice of deployment options including cloud, on-premise and hybrid so they can choose any scenario or combination that is right for them. Built on SAP’s industry-leading advanced in-memory computing platform, SAP S/4HANA is the market-leading intelligent ERP that provides unparalleled business agility, empowering companies across all industries to reinvent their business models for the digital economy and navigate dynamic marketplaces.
In Q2, SAP was ranked No. 1 by software revenue for 2018 in Gartner’s May “Market Share Analysis: ERP Software, Worldwide, 2018” report. SAP was also positioned as a Visionary in Gartner’s May Magic Quadrant for Cloud Core Financial Management Suites for Midsize, Large and Global Enterprises.
Adding 600 customers in the quarter, S/4HANA adoption grew to more than 11,500 customers, up 29% year over year. In the second quarter approximately 50% of the additional S/4HANA customers were net new.
S/4HANA continues to be selected by world-class global companies, including Wanhua Chemical Group and the Texas Department of Transportation. SAP and Intel are partnering to simplify and accelerate adoption of S/4HANA by creating a new Center of Excellence showcasing multiple proof of concepts for shared customers migrating to S/4HANA. A growing number of companies including MercedesBenz EQ Formula-E Team have chosen S/4HANA in the Cloud. Hitachi, Colgate-Palmolive, and Deloitte and Touche Southern Africa have gone live on S/4HANA.
SAP Leonardo SAP Leonardo brings together cutting-edge technologies – AI, Machine Learning, IoT, Big Data, Advanced Analytics and Blockchain – with deep process and industry expertise, delivering completely new ways of working and powering the Intelligent Enterprise.
New innovations in SAP HANA
SAP HANA remains an integral part of the digital platform at the heart of every intelligent enterprise. Innovation in this space in the first half of 2019 includes the delivery of the following:
Hexagonal grid clustering for spatial analytics is a way to process geospatial data, so that the user can visualize things such as escape routes that avoid hazards in emergency situations, or the optimal paths for utility pipelines that avoid restricted areas. With SAP HANA, developers can use a single SQL query to process millions of geo-coordinates in seconds and cluster them effectively.
Native storage extension is designed to support large SAP HANA installations at a lower total cost of ownership (TCO), by giving customers cost-effective storage for, and ready access to, vast reservoirs of data that are still needed in the enterprise, but seldom used, without fully loading that data into memory.
In addition, SAP opened a new chapter in our 30-year collaboration with Intel, as SAP HANA was unveiled as the first database platform optim
View the full results at: https://news.sap.com/2019/07/sap-announces-second-quarter-and-half-year-2019-results/