SAP records 11th con­sec­u­tive quar­ter of dou­ble-digit

The Pak Banker - - Front Page -

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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