SAP CFO Says Cloud Business Is `Definitely Accelerating'

The transcript discusses SAP's strong performance in Q2 2018, highlighting the growth in its cloud business and the impact of geopolitical tensions. SAP's cloud business saw a 40% growth, driven by acquisitions like Callidus Cloud. The company is expanding its CRM offerings and sees significant growth potential in this area. GDPR compliance is seen as a tailwind due to SAP's strong data privacy practices. The market perceives SAP positively, with many buy ratings, and the company is confident in its future growth, aiming for significant revenue increases by 2020.

What was the growth percentage of SAP's cloud business in the second quarter?

• 20%

• 30%

• 40%

• 50%

How did SAP's recent acquisition of Callidus Cloud impact their market position?

• It had no significant impact.

• It decreased their market share.

• It led to a decline in cloud subscriptions.

• It made them a strong player in the CRM market.

What is the expected growth trend for SAP's CRM business?

• Negative growth

• Stable growth

• Declining growth

• Exponential growth

How has GDPR compliance affected SAP's operational costs?

• Decreased costs

• Significantly increased costs

• No material cost impact

• Led to financial losses

What advantage does SAP have due to its German market heritage?

• Better marketing strategies

• Faster software development

• Higher customer trust in GDPR compliance

• Lower production costs

What is the main reason for SAP's raised 2020 cloud revenue ambition?

• New government regulations

• Strong and broad portfolio

• Reduced operational costs

• Decreased competition

What is the significance of SAP's in-memory database technology, HANA?

• It has been discontinued.

• It is only used for small businesses.

• It is a key part of their modern portfolio.

• It is outdated technology.