How SAP Plans to Break Away from the Competition - The MSP Hub

If the competition was responsible for the 19.0% SAP has increased its investments in researching machine learning and other emerging technologies. Management is betting that a breakthrough in those areas can help the company create the most intelligent enterprise applications that could drive sales and allow it to steal market share from the competition. SAP reported a net profit of 730.0 million euros in 3Q16, compared to 898.0 million euros in the same quarter last year. But revenue rose 8.0% year-over-year to 5.4 billion euros in the latest quarter.