CIMdata PLM Industry Summary Online Archive
15 January 2013
Financial News
SAP Announces Record Full Year and Fourth Quarter 2012 – Full Year 2012 Non-IFRS Software and Software-Related Service Revenue Increases 17% to €13.2 Billion
After a preliminary review of its fourth quarter 2012 performance, SAP AG today announced its preliminary financial results for the fourth quarter and full year ended December 31, 2012.
SAP delivered record revenues in 2012. Non-IFRS total revenue grew 14% year-on-year and exceeded €16 billion. Non-IFRS software and software-related service revenue grew 17% year-on-year to €13.2 billion.
SAP delivered strong overall growth in the fourth quarter. The company achieved strong software revenue performance in the APJ region. The EMEA region delivered impressive results in light of the continued uncertain market environment and the Americas region had a solid software revenue performance considering a tough year-over-year comparison. SAP delivered exceptional growth in its key innovation areas SAP HANA, Mobile and Cloud: SAP HANA had an outstanding quarter reaching nearly €200 million in software revenue in the fourth quarter and achieving almost €400 million for the full year. SAP’s mobile business contributed more than €220 million to software revenue achieving its full year revenue target. SAP’s strong cloud momentum continued in the fourth quarter: 12 month new and upsell subscription billings for SAP cloud applications increased nineteenfold. Derived from the total revenue of SAP’s two cloud segments the annual cloud revenue run rate is approaching €850 million. Non-IFRS cloud subscription and support revenue in the fourth quarter increased more than twentyfivefold to €159 million.
“2012 was an outstanding year where we set many new records. We continued our double-digit growth momentum and exceeded our revenue guidance. We achieved a breakthrough in the cloud and today SAP is the second largest cloud player in the world. And we overachieved on our SAP HANA revenue ambition, making SAP the fastest growing next generation database company in the market,” said SAP Co-CEOs Bill McDermott and Jim Hagemann Snabe. “With our inspired people and our customer-centric innovation strategy we are perfectly positioned to continue our growth momentum in 2013. With SAP Business Suite on HANA we are redefining the software industry and opening up a new world of growth opportunities for our customers.”
“This fourth quarter is the 12th consecutive quarter of double-digit SSRS revenue growth. Thereby our total revenue for the first time exceeded €5 billion in a quarter. We invested significantly in key innovations while expanding our global go-to-market activities to further strengthen our mid-term growth ambition,” said Werner Brandt, CFO of SAP.
To view an unabridged version of this press release, visit: http://www.sap.com/news-reader/index.epx?category=ALL&articleID=20239&searchmode=C&page=1&pageSize=10
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