SAP announced its financial results for the second quarter ended June 30, 2021. SAP had significant competitive wins in ERP, SuccessFactors, Commerce, and across its broader cloud solution portfolio. SAP’s cloud revenue growth accelerated sequentially. Current cloud backlog grew in strong double digits. SAP expects to expand its addressable market by $150 billion by 2025. SAP is also seeing strong growth in current cloud backlog across its cloud portfolio including Business Technology Platform, Business Process Intelligence, Qualtrics, and Customer Experience.
Source: https://www.helpnetsecurity.com/2021/07/22/sap-financial-results/