SAP takes a punch to its software licensing revenue but Ellison's promise of customer exodus to Oracle seemingly fails to materialise

Nothing to say, Larry? Makes a change

SAP took a gut-punch in the form of an 18 per cent dive in software licensing revenue to €0.77bn for its Q2 ended June 30, but it also chalked up a 20 per cent jump in contractually committed cloud revenue to €6.65bn.…

via The Register - Data Centre: Cloud
https://go.theregister.com/feed/www.theregister.com/2020/07/27/sap_q2_2020/