SAP: Cloud division grows by 27% thanks to AI in Q1!
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SAP has halted its previous downward trend in the cloud business in the first quarter of 2026 and recorded significant market share gains through the sale of new AI add-ons. Although the company claims to not be completely immune to the economic upheavals caused by the Middle East conflict, customers are showing a willingness to invest. CEO Christian Klein stated during a conference call: "We had a good start to the year despite an uncertain business environment," and added regarding the further forecast: "This makes us optimistic for the rest of...
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