Dividend Will Be Increased in 2020, Says SAP co-CEO

The transcript discusses SAP's strong performance in 2019, highlighting a 25% increase in cloud bookings and a robust ERP solution. SAP's business model is described as resilient, with a focus on sustainability and carbon neutrality by 2025. Investor relations are positive, with plans for increased dividends and share buybacks. Despite trading at a discount compared to newer cloud players, SAP aims to double down on cloud growth and maintain its market position. The company is confident in achieving its goal to triple cloud revenue by 2023, leveraging acquisitions and expanding market share.

What are the two business models that SAP operates under?

What is SAP's ambition for cloud revenue by 2023?

How does SAP plan to address the competition from Salesforce and Oracle?