SAP says its cloud partnership with Microsoft will help clients to run operations hosted at remote servers supported by the company’s flagship database. More here:
BERLIN - Business software group SAP said on Monday it had reached a three-year deal with Microsoft to help its large enterprise customers move their business processes into the cloud.
SAP said it expected annual revenues of around 75 million euros from the deal: “There’s no downside to those numbers - only upside,” she told analysts on a call. She said that Qualtrics had added more than 300 clients since May, with customers often buying it together with SAP’s human resources product SuccessFactors. Qualtrics founder Ryan Smith - now an SAP management board member - said its deal size had grown by 30% since the takeover.
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