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SAP sees strong growth in APJ market in Q2 2014

Zafirah Salim | July 18, 2014
SAP APJ’s strong performance in Q2 was driven by 48 percent year-over-year growth in cloud subscriptions, support revenue and on-premise business.

SAP SE has reported significant second-quarter growth in the Asia Pacific Japan (APJ) region.

In addition, the enterprise application software company has expanded its cloud business in addition to its core solutions in a bid to strengthen its position as a cloud company.

SAP APJ's strong performance in Q2 was driven by 48 percent year-over-year growth in cloud subscriptions and support revenue and robust on-premise business. This growth highlights SAP's capability in helping businesses deploy technology while helping them transition to the cloud, the company said in a media statement.

"We continue to see strong momentum in SAP's cloud business in Asia Pacific Japan, with customers recognising our solutions as helping them to improve customer experience and simplify business processes," said Adaire Fox-Martin, President of SAP APJ. "Combined with core SAP offerings, we continue to find new and innovative ways to help our customers run better."

Q2 growth for SAP APJ was also complemented by double-digit growth in analytics and platform solutions. The broad adoption of SAP HANA in Q2 was fueled by accelerated growth in SAP Business Suite powered by SAP HANA and increased customer investment in enterprise platform. The company also saw strong customer demand for the ability to predict the future through predictive analytics solutions.

 

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