SAP (NYSE:SAP) expects full-year 2026 cloud revenue and cloud and software revenue to reach the upper ends of its existing forecasts after quarterly revenue increased by 13% to €10.27 billion. The German enterprise software group's current cloud backlog, which measures contracted cloud business awaiting recognition as revenue, rose 28% to €24.1 billion in the three months to September, or 26% a...
The business-software group is working on a metric to convey the impact of AI on its operations to appease investors wanting insight into the tech reshaping the industry.
Current cloud backlog of €24.1 billion, up 28% and up 26% at constant currencies Cloud revenue up 26% and up 25% at constant currencies Cloud ERP Suite revenue up 29% and up 28% at constant currencies Total revenue up 13% and up 12% at constant currencies IFRS operating profit up 18%, non-IFRS operating profit up 18%, both at nominal and constant currencies SAP updates its 2026 cloud revenue an...
Major European companies are expected to report strong earnings growth in the third quarter, although analysts slashed estimates for cyclical consumer products such as cars over the past week, the latest LSEG I/B/E/S data showed late on Thursday.
STOCKHOLM, Oct. 13, 2026 /PRNewswire/ -- Sinch AB (publ) announces that Rich Communication Services (RCS) is now available as part of its native integration with SAP Engagement Cloud, expanding Sinch's existing SAP partnership with a new messaging channel. The integration also creates new opportunities for AI-driven, conversational customer experiences, combining RCS with the broader omnichanne...
Asian stocks dropped, tracking the weakness in U.S. technology stocks, as simmering geopolitical tensions continued to weigh on appetite for risky assets.
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