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SAP Announces €2 Billion Investment Plan, New Innovations, Acquisitions and Network of SAP IoT Labs to Unlock Next Wave of Value from the Internet of Things WALLDORF — Sept. 29, 2016 — SAP SE (NYSE: SAP) today announced investment plans of €2 billion over five years to help business and government entities benefit from …
Tremendous Momentum in New Cloud Bookings – Up 103% in the Full Year Cloud Subscriptions and Support Backlog, A Lead Indicator for Continued Strong Cloud Growth, Increased 45%, Reaching €3.7 Billion at Year-End Full Year Non-IFRS Cloud Subscription and Support Revenue Up 109% to €2.30 Billion (€2.00 Billion at Constant Currencies, Achieving Company Guidance) Full …