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January 10, 2014
06:47 EDTSAPSAP sees Q4 Non-IFRS revenue up 6% to EUR 5.11B vs. EUR 5.06B last year
SAP announced its preliminary financial results for Q4. SAP delivered strong revenue growth in 2013. Full year non-IFRS software and cloud subscription revenue increased 10% at constant currencies. Non-IFRS software and software-related service revenue grew 11% at constant currencies. Non-IFRS total revenue grew 8% at constant. The company also exceeded its FY13 guidance of EUR 750M in non-IFRS cloud subscription and support revenue at constant currencies. SAP HANA, the platform for real-time business applications, was a major growth engine in 2013. FY13 HANA software revenue increased 69% at constant currencies to EUR 664M. The company said that customers are showing strong interest in SAP Business Suite powered by SAP HANA as well as SAP HANA Enterprise Cloud.
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October 6, 2015
15:25 EDTSAPAmazon cloud announcement unlikely to sink Splunk, analysts say
Amazon (AMZN) appears to be signaling an expanded presence in cloud-based data analytics, sending shares of incumbents in the space lower and prompting several analysts to weigh in on the e-commerce giant's potential impact. AMAZON CLOUD: Amazon is expected to announce a new "big data" analytics addition to Amazon Web Services, according to an October 4 Wall Street Journal report. The article follows the launch last week of Amazon Elasticsearch, adding further data crunching capabilities to the company's cloud computing platform. Commenting on the news, William Blair analyst Bhavan Suri said that Splunk (SPLK) investor concerns over Amazon are overblown. Elasticsearch is likely to remain primarily a document search platform rather than a direct competitor to Splunk's offerings, while Amazon's expected analytics announcement looks more likely to challenge Tableau (DATA) and Qlik (QLIK), the analyst argues. Meanwhile, FBR analyst Daniel Ives said that a tangential move into the data analytics space "makes a ton of strategic and financial sense" for Amazon, as the market is only about 10% penetrated despite aggressive expansion from Microstrategy (MSTR), IBM (IBM), Microsoft (MSFT), SAP (SAP), and others. That said, Ives cautioned that Amazon's ability to again disrupt the cloud space with this latest entry appear limited in the near term, with many companies already showing preference for pure-play analytics firms. Amazon may ultimately have to make a larger acquisition by picking up a Qlik, Tableau, or Splunk to gain traction, the analyst contended. PRICE ACTION: Splunk shares are down fractionally in afternoon trading after some earlier volatility, while Tableau and Qlik are showing respective losses of roughly 3.14% and 1.86%.

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