Mirko Maier

2 results

Executives said the accelerating switch from packaged software to “cloud” software would shave about €200m off a previous forecast

German software maker Sap cut its 2014 operating profit forecast as customers shifted faster than expected to products delivered over the internet, de(...)

The company kept its full-year forecasts when excluding currency swings, sending its stock up 4.8 per cent, the most in more than three years. Photograph:   Thomas Lohnes/Getty Images

SAP, the biggest maker of business-management software, reported higher earnings on rising cloud and database revenue, alleviating investor concerns t(...)