FRANKFURT, Jan 24 (Reuters) - Europe's biggest software group SAP could eventually see its software delivered via the cloud deliver higher profit margins than its traditional packaged software, its finance chief told a newspaper.
OSLO/STOCKHOLM, Jan 22 (Reuters) - Western sanctions on Russia are restricting the Arctic shipping route along its north coast to domestic cargoes and energy exports with many foreign firms staying away after test voyages on a fabled short-cut between Europe and Asia.
WASHINGTON (Reuters) - Losses from lower oil exports should sap up to $300 billion from economies in the Middle East and Central Asia this year, as countries in the region adjust to falling crude prices, the International Monetary Fund said on Wednesday.
WASHINGTON, Jan 21 (Reuters) - Losses from lower oil exports should sap up to $300 billion from economies in the Middle East and Central Asia this year, as countries in the region adjust to falling crude prices, the International Monetary Fund said on Wednesday.
GAZA, Jan 21 (Reuters) - His company may not rival Google or German software maker SAP yet, but Gaza-based IT entrepreneur Saady Lozon has plans to change that.
* 2017 operating profit outlook ex-items 6.3 bln-7.0 bln euros
SAP posted a steady fourth-quarter earnings report ..... support contracts indicates that customers using SAP applications have deeply embedded switching ..... held that these switching costs will allow SAP to pursue a challenging innovation and acquisition
WALLDORF, Germany, Jan 20 (Reuters) - Europe's largest software firm SAP lowered its 2017 operating profit outlook on Tuesday, saying its push into cloud-based software delivery would eat into its profit margins.
* Q4 op profit up 1 pct, broadly in line with Reuters poll avg
FRANKFURT, Jan 12 (Reuters) - German software maker SAP on Monday reported a 1 percent rise in fourth-quarter operating profit, amid an accelerating shift by business customers to Internet-based cloud software.