Report
Nicolas David

SAP : L’inflation existe aussi dans le Cloud

>RISE tire bien la croissance SaaS/PaaS - SAP a publié hier matin ses résultats Q4/FY 2021 complets. Ces chiffrent ne recèlent pas de véritable surprise mais nous notons plusieurs éléments instructifs sur la croissance et les marges.La croissance du Cloud est bien tirée par le momentum SaaS/PaaS hors Intelligent Spend, dont la croissance atteint +33% à cc au T4 (vs +27% au T3). Cette accélération grandement liée au momentum de l’offre RISE et donc de l’adoption ...
Underlying
SAP SE

SAP is engaged in selling licenses for software solutions and related support services. Co. derives its revenue from fees charged to its customers for the use of its cloud solutions and for licensing of on-premise software products and solutions. Additional sources of revenue are support, professional services, development, training, and other services. Co. has more than 300,000 customers in over 180 countries. Co.'s SAP HANA platform holds the ability to simplify both the user experience and the overall IT landscape, creating a smaller data footprint, increased system throughput, and easier data processing and operation.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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