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SAP's Record Growth Driven By AI Boom, CFO Asam Says
Posted
April 23, 2024
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3:00Now PlayingSAP SE Chief Financial Officer Dominik Asam said the advent of artificial intelligence has "propelled the story of the transformation to the cloud," resulting in an uptick on a constant currency basis by 25% in the company's cloud revenue. Europe’s biggest software firm rose the most since January after posting record growth in expected revenue from its cloud services over the next year.
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