Seven Customers Choose SAP AI and Data Solutions; No Separate AI Revenue

SAP’s third-quarter results included seven customers selecting its AI and data solutions, but did not provide a separate revenue figure for AI or contract values for those customer selections. The results, released Oct. 21 for the quarter ended Sept. 30, showed total revenue of €10.27 billion, up 13% from a year earlier and 12% at constant currencies. Revenue topped €10 billion for the first time. Cloud revenue reached €6.668 billion, up 26% on a reported basis and 25% at constant currencies. Current cloud backlog totaled €24.144 billion, an increase of 28% as reported and 26% at constant currencies.

Source: TokenPost