The Pak Banker

SAP records 11th consecutiv­e quarter of double-digit

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KARACHI

SAP today announced third quarter 2012 Software Revenue growth of 12% while Software and Software Related Services Revenue grew 16% in Asia Pacific Japan (APJ). This extends SAP's track record of double-digit growth in the region to 11 successive quarters.

"We have maintained our consistent track record of growth in the APJ region, with Database, Technology and Analytics making up 40% of our revenue mix. Japan and China grew 36% and 43% respective­ly. This quarter, we saw more customers harness the power of in-memory computing to deal with the surge of mobile devices and data volume in the enterprise," said Steve Watts, President, SAP Asia Pacific Japan.

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