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SEB SA

SK.PA•EURONEXT
Consumer Cyclical
Furnishings, Fixtures & Appliances
€44.44
€-0.08(-0.18%)
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SK.PA News Today: Stay Updated with the Latest SEB SA News in Real Time

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SAP cloud bookings surge 30% as AI demand lifts backlog to record €77 billion
📅 2 months ago

SAP cloud bookings surge 30% as AI demand lifts backlog to record €77 billion

SAP kicked off 2026 with a strong signal that enterprise cloud demand is far from slowing. In its Q4 and full-year results released in January 2026, the German software giant reported a 30% jump in cloud bookings, driven largely by rising interest in AI-powered business tools. Even more striking, SAP’s cloud backlog climbed to a…

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