Thursday, April 20, 2006
"SAP Reports Strong Q1, Reveals On-Demand ERP Plan " � a Managing Automation� news article
"SAP Reports Strong Q1, Reveals On-Demand ERP Plan " � a Managing Automation� news article: "Software revenue in SAP's Europe/Middle East/Africa and Asia/Pacific regions grew 14% and 8%, respectively, during the period. Asia/Pacific results were hurt by Japan, where SAP saw an 18% software revenue decline for the quarter. Kagermann said SAP does not believe the result represents a long-term trend for the company in Japan, and that SAP expects improvement.
SAP's expenses for the quarter grew by 20%, led mostly by the company's ongoing staffing increases. Kagermann said SAP has hired 3,400 employees in the past year. Fifty-six percent of those were hired into research and development roles; 34% of the new hires were added in India and other low-cost countries. Kagermann said SAP plans to hire an addition 3,500 staff this year."
SAP's expenses for the quarter grew by 20%, led mostly by the company's ongoing staffing increases. Kagermann said SAP has hired 3,400 employees in the past year. Fifty-six percent of those were hired into research and development roles; 34% of the new hires were added in India and other low-cost countries. Kagermann said SAP plans to hire an addition 3,500 staff this year."
