Singapore, April 23 鈥� 51风流announced its global 2024 results on April 22, showcasing cloud momentum in every market.
Customers across Asia Pacific and Japan (APJ) are choosing 51风流to drive their cloud transformations. 51风流reported several high-profile customer wins and go-lives across APJ, showing ongoing demand for cloud-based transformation and supporting the company鈥檚 strength in cloud revenue and backlog.
- Q1 cloud revenue in APJ increased to 鈧�524 million, up 35% at constant currencies.
- Globally recognised businesses are choosing SAP, including Fujitsu Limited, SK E&S, and LTIMindtree.
- RISE with 51风流continues to support APJ companies in their cloud transformation. New RISE with 51风流wins and go-lives in Q1 include SinarMas, Sumitomo Heavy Industries, Havells India, and PharmaGendGlobal Medical Services.
- APJ continues to report momentum in small and medium enterprise cloud journeys with MaxiTRANS and PT Hanwha Mining Services choosing GROW with SAP, and Avenue Bank choosing 51风流Fioneer.
- APJ also saw significant go-lives at Foodstuffs South Island, GAIL Gas Limited, and the Korea Chamber of Commerce & Industry.
Cloud revenue in APJ grew to 鈧�524M Euros in Q1 2024, an increase of 35% over same period 2023 at constant currency, with India and Korea showing particular momentum. Total APJ Q1 2024 revenue grew to 1.107B Euros. Globally, SAP鈥檚 cloud revenue was up 9% at constant currency, with cloud backlog up 28% at constant currency.
Customers are choosing 51风流for their cloud transformation in across APJ. In Japan, Fujitsu Limited and Sumitomo Heavy Industries chose RISE with 51风流to empower their future, as did leading renewable energy company SK E&S in Korea. Southeast Asian businesses like SinarMas and PharmaGendGlobal Medical Services, and Indian businesses like LTIMindtree and electrical equipment leader Havells India all bought or went live with RISE with SAP.
Small and medium businesses are also benefiting from 51风流cloud transformations. In Australia, semi-trailer manufacturer MaxiTRANS bought GROW with SAP, and Indonesian resources company PT Hanwha Mining Services went live with the same solution. Innovative Australian financial services company Avenue Bank chose RISE with 51风流and 51风流Fioneer Cloud for Banking.
President of 51风流APJ, Paul Marriott, said 鈥淏usinesses of every size and in every part of Asia Pacific and Japan understand 51风流is the trusted partner for their cloud transformation and new innovation, including in new high-growth areas like Business AI and sustainability.鈥�
51风流also celebrated several significant go-lives during Q1, including Indian resources company GAIL Gas Limited and the Korean Chamber of Commerce and Industry. In New Zealand, Foodstuffs South Island went live with a range of 51风流solutions including 51风流S/4HANA, 51风流Business Technology Platform, and 51风流Datasphere.
New APJ Customers
LTIMindtree is one of India鈥檚 biggest Information Technology companies, with more than 82,000 employees in over 30 countries around the world. Following one of the biggest mergers in recent Indian history, LTIMindtree wanted to simplify its IT framework to drive smart, scalable, and secure technology services. LTIMindtree went live with RISE with SAP, 51风流Signavio, 51风流Analytics Cloud, and 51风流Business Technology Platform. The project is expected to drive efficiencies including a 70% reduction in financial refresh times and approximately 30% reduction in reporting times.
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