The company still aims to increase its total revenue to at least €20 billion and revenue from its cloud business, including cloud-related professional services, to approximately €2 billion by 2015. It announced the revenue target in 2012, when it said it would exceed €20 billion by 2015.
In 2013, software and cloud subscription revenue was €5.2 billion for the full year, up by 6 percent from the previous year, while support revenue was €8.7 billion, which also increased by 6 percent. Net profit at €3.3 billion increased 18 percent year-on-year. The number of employees was 66,572 FTEs (full time employees), an annual rise of 3 percent.
Sign up for CIO Asia eNewsletters.