SAP Australia and New Zealand revenues rise

SAP Australia and New Zealand revenues rise

German software giant posts positive results


German software giant, SAP, has posted a year-on-year revenue increase of 16 per cent for the April to June period for its Australian and New Zealand operations.

The company also achieved a 14 per cent revenue increase for the first half of the calendar year.

In a statement, SAP president and CEO for A/NZ, Tim Ebbeck, said the performance was pleasing and pointed to wins with ERM Power, Mondial Assistance Australia, The Good Guys, ASICS and Ego Pharmaceuticals as highlights.

“In this environment, any incremental revenue growth is significant, given we had our largest year ever in 2008,” he said in the statement. “We are pleased but not complacent. It’s still a challenging market but also one with significant opportunities.”

In late July, the company announced its global results with a 4 per cent year-on-year increase in net income for the second quarter, even as revenue dropped 10 per cent.

It also recently launched its Value Academies, which are a quarterly series of executive workshops aimed at providing customers with the tools and methodologies needed to identify, deliver and measure the value of IT projects.

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