Cloud computing is on the rise in almost every filed.
German ERP software giant SAP recently reported that its cloud subscriptions rose 32 percent to 221 million euros, in comparison to 167 million euros in Q1 2013.
According to the same report, SAP HANA saw strong adoption rates in Q1 2014, accounting for over 3,200 customers since market launch in June 2011 and close to 1,000 customers for SAP Business Suite powered by SAP HANA, which was launched a year ago. According to the company, SAP HANA applications are being built by 1,200 startups worldwide.
“We slightly increased our operating margin while accelerating our cloud business. Operating profit was up 7 percent on a non-IFRS constant currency basis in the quarter driving strong operating cash flow, which increased by 9 percent to €2.35 billion. This result brought us back to positive net liquidity in a relatively short time frame after sizable acquisitions in the past two years.” CFO of SAP Werner Brandt quotes.
We as SWExperts believe that in rest of the year 2014 and onwards, the market will witness a significant move of ERP solutions moved or developed on cloud basis, and together with this, infrastructure-as-a-service providers such as Amazon Web Services or Microsoft Azure will increase their popularity.