High Growth Rates of SAP Cloud Services

SAP company once again achieved high growth in cloud services and good performance in the area of its core business, according to a report on the operations of the company for the first and second quarter of 2014. Cloud services in the first quarter have recorded income of 463 million euros, compared with the same period last year, profit is increased for 38%. In the second quarter, revenue increased for 39%, and generated revenue of 242 million euros (in the same quarter of 2013th it was 183 million euros). In the area of software and software-related services revenue in the first quarter was 654 million, while the second was 3.48 billion euros, and the company has recorded increase of 8% in both quarters, compared to income in 2013.