Cloud and software revenue across APJ also grew 38% year-over-year (23% at constant currencies) in Q1
SAP SE started the year strong in Asia Pacific Japan (APJ), as first quarter non-IFRS cloud subscriptions and support revenue in Asia Pacific Japan (APJ) rose 137% from the previous year (105% at constant currencies). Cloud and software revenue across APJ also grew 38% year-over-year (23% at constant currencies) in Q1.
The driving force behind the very strong Q1 performance was SAP Cloud, which benefited from the ongoing migration of existing customers to the cloud along with new customers in both mature and emerging markets. SAP HANA, the in-memory platform for next-generation applications, also showed strong growth in Q1.
“We’ve had a spectacular first quarter in 2015 which creates a strong foundation for the year,” said Adaire Fox-Martin, President of SAP APJ. “The dynamic behind this is the hyperconnectivity in Asia. It’s about connected infrastructure, vehicles, logistics, wearables and machine-to-machine devices. The range and scale of data, for processing, analyzing and decision-making has grown exponentially. Our customers are seeing the importance of doing all that in real time.”
The launch of SAP S/4HANA was also the highlight of Q1 in APJ. SAP S/4HANA is SAP’s next-generation business suite fully built on the most advanced in-memory platform today – SAP HANA – and modern design principles with the SAP Fiori user experience. SAP S/4HANA delivers massive simplifications and innovations to help businesses run simple in a digital and networked Asia. Customers in the region showed strong interest and have selected SAP S/4HANA to simplify their business.
“Our strategy of helping our customers run simple by increasing efficiency, improving ease of use and ramping up the speed and range of data analysis, is paying off and getting traction,” said Fox-Martin. “Our customers can see how it makes for better and more timely decision making, particularly as new networks and technologies allow businesses far greater connectivity with markets, customers and their entire supply chain. As the complexity rises, so does the need to run simple, which is why we’re seeing SAP Cloud powered by SAP HANA grow in popularity.”
