SAP CFO Sees `Challenging' Demand Environment Until Mid-2021

The transcript discusses SAP's Q3 results, highlighting challenges like currency headwinds and a decline in travel and expense management. Despite these, SAP's cloud business grew by 26%. The company aims for sustainable long-term growth by expanding its cloud market and investing in R&D. The economic outlook remains uncertain due to COVID-19, but SAP sees opportunities in cloud migration. Business travel is expected to normalize mid-next year. SAP advises policymakers to focus on digitalization and investment to enhance competitiveness.

What opportunities does the speaker see for growth in the cloud market?

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How does the company plan to address the challenges faced in business travel?

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What advice does the speaker give to policymakers regarding digital transformation?

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