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SAP's operating profits might be down but cloud-fixated ERP biz thinks things are looking up enough to hike full-year guidance

Wednesday April 14, 2021. 06:01 PM , from TheRegister
Shrugs off 21% slump – that's just infra shift, share awards
SAP says cloud sales jumped 7 per cent in its Q1 and has upped full-year forecasts on renewed hopes for higher growth, indicating senior execs reckon customers will begin spending in greater numbers this year after projects slowed in pandemic-struck 2020.…
https://go.theregister.com/feed/www.theregister.com/2021/04/14/sap_q1_2021/

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