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.

How does SAP plan to address the needs of mid-sized enterprises in China?

What is SAP's stance on large-scale acquisitions in the foreseeable future?

What strategies is SAP employing to manage its debt after the Concur acquisition?