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SAP Cloud Growth Beats Forecast in Sign of Software’s Resilience Takeaways by Bloomberg AI SAP SE reported higher growth for its cloud products than anticipated in a sign that the boom in artificial intelligence hasn’t undermined demand for the German software maker’s offerings. Cloud revenue grew 25% in constant currencies to €6.67 billion ($7.49 billion) in the third quarter, Europe’s biggest software company said in a statement Wednesday. That compares with the average analyst forecast of €6.57 billion, according to data compiled by Bloomberg.
document fetched 2026-10-22 02:59 · canonical https://bloomberg.com/news/articles/2026-10-21/sap-cloud-growth-beats-forecast-in-sign-of-software-s-resilience