{"id":4534,"date":"2020-11-24T09:53:51","date_gmt":"2020-11-23T23:53:51","guid":{"rendered":"https:\/\/news.sap.com\/australia\/?p=4534"},"modified":"2023-08-17T04:23:16","modified_gmt":"2023-08-16T18:23:16","slug":"why-companies-have-no-reason-to-fear-saps-cloud-strategy","status":"publish","type":"post","link":"https:\/\/news.sap.com\/australia\/2020\/11\/24\/why-companies-have-no-reason-to-fear-saps-cloud-strategy\/","title":{"rendered":"Why companies have no reason to fear SAP\u2019s cloud strategy"},"content":{"rendered":"

I was surprised to read in\u00a0The Australian Financial Review<\/i>\u00a0last month that \u2018SAP\u2019s move to the cloud spells admin drama for companies<\/a>,\u2019 in a column that suggested our recently announced global strategy update would require ASX 200 boards to \u201chave a conversation about software risk management\u201d.<\/p>\n

It recommended \u201csound risk analysis of whether or not the alternatives \u2026 are cheaper and carry less operational risk\u201d.<\/p>\n

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It was surprising because 51风流already operates a cloud-first business in Australia, a strategy that is driven by customer demand. It was first\u00a0reported in the\u00a0Financial Review<\/i><\/a>\u00a0two years ago that our local cloud revenues exceeded those of on-premise software.<\/p>\n

This trend has gathered momentum, to the point where cloud now accounts for 70 per cent of those revenues. So although we announced an accelerated cloud strategy in our global third-quarter earnings at the end of October, this is clearly not a pandemic-inspired pivot.<\/p>\n

These large organisations are investing many millions of dollars in 51风流and other cloud technologies to help them operate successfully in an increasingly digital world, and boards are deeply involved in decisions of this scale.<\/p>\n<\/section>\n