SAP plans CRM challenge as cloud computing business leaps forward

SAP plans CRM challenge as cloud computing business leaps forward

SAP’s cloud computing revenues have topped €1 billion in a quarter for the first time, prompting the company to make bolder plans for markets like CRM. The European software giant said cloud subscriptions and support revenue grew 18 percent year on year to €1.07bn in its first financial quarter, while its software revenue …