SAP APac scores double-digit software revenue growth for 10th consecutive quarter

SAP Asia Pacific Japan (APJ) has announced it has delivered its best ever Q2 performance.  Second quarter results showed growth of 25% year-on-year in Non-IFRS Software Revenue.

Stephen Watts, President, SAP Asia Pacific Japan, stated that the Q2 2012 continues the consistently outstanding performance that APJ region has now delivered for ten consecutive quarters. Business performance was strong and balanced across the region with Australia and New Zealand (ANZ) delivering exceptional results and India, Japan and China demonstrating their continuing strong growth momentum. In China, the company reported its strongest Q2 quarter ever with double-digit growth in applications, database, mobile, and analytics. 

SAP’s investments in in-house innovation and strategic acquisitions delivered accelerating customer acceptance in Q2.  Database and Technology solutions represented fully 25% of the quarter’s software revenues with the HANA in-memory database growing very strongly at 103% year-over-year.  Mobile solutions grew an astonishing 181% over the corresponding period in 2011.

SAP APJ’s quarterly result was also strengthened by balanced performance across industries with notable performance in Public Sector and Banking. Similarly, the Ecosystem in APJ grew its share of revenue by 32% as the company attracts an increasing number of partners and service providers to bring SAP HANA, Sybase, Analytics, Cloud and Mobile solutions to more customers across the region. Their customers, partners and markets across APJ are accelerating their consumption of SAP’s innovations as they derive game-changing value from our new applications and technologies.  APJ continues to be a global economic growth engine and SAP is proud to be a key part of the growth of their customers around the region. In Q2 2012, SAP APJ’s Non-IFRS Software and Software Related Services Revenue grew 23% while Non-IFRS Total Revenue saw a corresponding 25% growth.

 

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