Networks Generation

May 1 2008   2:52PM GMT

SAP posts strong results but slow take up for Business ByDesign SaaS

Cliff Saran Profile: Cliff Saran

Tags:
Social networking

SAP reported double-digit revenue growth for the first quarter of 2008, with healthy contributions from all three ‘pillars’ of its business – its core enterprise applications business, its mid-market portfolio and its business user solutions group.

But the vendor acknowledged that its new Software-as-a-Service (SaaS) offering, Business ByDesign, has not met early expectations and will take 12-18 months longer than planned to meet its 2010 goals of 10,000 customers and $1bn in revenues.

 Comment on this Post

 
There was an error processing your information. Please try again later.
Thanks. We'll let you know when a new response is added.
Send me notifications when other members comment.

Forgot Password

No problem! Submit your e-mail address below. We'll send you an e-mail containing your password.

Your password has been sent to:

Share this item with your network: