
German technology trend sap On Tuesday, upgrade its financial prospects throughout the year Artificial cloud computing and artificial intelligence operations have promoted growthEssence
The largest software manufacturer in Europe now expects that the monetary operating profit in 2025 will be between 10.3 billion euros ($ 10.7 billion) and 10.6 billion euros, higher than the previous 10.2 billion euros. The company also expects cloud income growth to accelerate.
The adjusted operating profit rose 25 % in 2024 to 8.15 billion euros, which was higher than the 22 % marked in the company’s compilation analyst’s public opinion survey.
The company’s core cloud and software business income increased by 11 % during this period, which is slightly higher than consensus estimation.
CFO Dominik Asam said on CNBC’s “SQUAWK BOX EUROPE” on CNBC’s “SQUAWK BOX EUROPE” of CNBC that the company “operated very well according to the plan” because this year’s running effect has been formulated in October 2020 “Ambition “Tick all the boxes of the plan.
ASAM added: “We have all reasons to be optimistic about implementing these goals.”
Analysts of JPMORGAN (JPMORGAN) said the upgrade has been expected in advance. The company’s stock hovered around the plane line in the morning and finally fell 0.9 %.
Deepseek is “very good news”
Chinese startup DeepSeek’s AI application this week has aroused concerns about artificial intelligence competitiveness Market for saleEssence
ASAM told CNBC that Deepseek’s development is actually SAP’s “good news”.
CEO Christian Klein said on Tuesday that AI is becoming a key part of the business, and technology accounts for half the purpose of the SAP cloud order entry. Klein said that SAP’s position in data and “business AI” made the company’s “additional confidence” promote growth by 2027.
ASAM added that the company has been seeking to upgrade its system, and it can quickly use new innovation methods. Chief Financial Officer said that as long as the technology is related, reliable and responsible, the more SAP needs to improve its AI HUB.
Assam said: “Therefore, I don’t worry about this. On the contrary, competition, this innovation is very helpful for creating better products for our customers.”