JOURNAL ARTICLE

SAP Forecasts Cloud Revenue Growth in 2026 as Clients Switch.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Kyriasoglou, Christina 3 of 3

Abstract

The article focuses on SAP SE's forecast for cloud revenue growth as customers transition from legacy technology ahead of a service deadline. The company anticipates cloud revenue will increase by at least 23% this year, reaching between €25.8 billion and €26.2 billion, surpassing analyst estimates. CEO Christian Klein has emphasized a shift towards cloud software subscriptions, which has positively impacted investor sentiment and share prices. Additionally, SAP is integrating artificial intelligence into its cloud offerings to encourage client migrations, while planning to cease support for its on-premise products by the end of 2027. The company also announced a share buyback program of up to €10 billion through 2027. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:Information Technology
  • Publication Date:2026
  • Accession Number:191208774
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