SAP 1Q Hurt by Brazil Weakness

The transcript discusses SAP's strong performance in 2015, with significant growth in both cloud and on-premise businesses. It highlights challenges in Latin America, particularly Brazil, due to economic volatility. The company is optimistic about its expansion in China, partnering with Alibaba to enhance its cloud solutions. SAP's acquisition strategy focuses on niche capabilities rather than large-scale M&A, prioritizing financial stability and shareholder returns.

What was the growth percentage of the company's cloud business in Q1?

• 11%

• 33%

• 50%

• 25%

Which region had a slower start in the on-premise business?

• Latin America

• United States

• Asia Pacific

• Europe

What is the main challenge faced by the company in Latin America?

• High competition

• Currency fluctuations

• Political instability in Brazil

• Lack of demand

Which country showed double-digit growth alongside China?

• India

• Russia

• South Africa

• Brazil

What strategic partnership is the company pursuing in China?

• Baidu

• Alibaba

• Tencent

• JD.com

What is the company's approach towards acquisitions?

• Large-scale M&A

• Geographical expansion

• Acquiring competitors

• Filling niche gaps

What is the company's financial priority after the Concur acquisition?

• Increasing market share

• Deleveraging and returning value to shareholders

• Expanding into new markets

• Developing new products