SAP News

Technology News: CRM Industry News: SAP to Miss Revenue Targets: "Late last year, SAP cautioned it would register growth at the lower end of the scale. Now, it has announced that its software revenue is likely to increase by just 7 percent in Q4. The company expects full-year 2006 software revenue to increase 11 percent -- or 13.5 percent at constant currencies -- compared to full-year 2005 software revenue.
It is a sharp letdown for the company -- as well as its shareholders -- considering that at the beginning of 2006, CEO Henning Kagermann predicted that it would be a cornerstone year for the company. "