SAP's Strong '07, Promising '08

SAP has reported a 9% increase in total revenue to $15.28bn for the year ended December 2007. The strong growth was due to software and services revenue, which rose 13% to $11.03bn. Net profit was $2.83bn compared to $2.68bn a year ago.

Read ComputerwWre article: SAP '07 Revenue Tops $15B

TBR believes SAP is better positioned to drive new business at the start of 2008 than it was at the start of 2007.

Read TBR report: Future Looks Bright for SAP  

links: digg this    del.icio.us    technorati