Monday, April 16, 2007
SAP sees orders from mid-sized businesses climbing to 45 pct from 30 pct by 2010 - Forbes.com
SAP sees orders from mid-sized businesses climbing to 45 pct from 30 pct by 2010 - Forbes.com: "SAP (nyse: SAP - news - people ) expects its new software for mid-sized businesses - due for release in the second quarter of 2007 - to have its first 'relevant impact' on sales in 2008, reported the magazine, citing Apotheker.
'In 2009 and in 2010 we expect sales to climb massively,' Apotheker added.
The software giant expects its group sales growth for 2007 to grow faster than the worldwide software market, which analysts see rising annually by 4 pct.
The Walldorf-based company also expects sales growth in its segment targeting mid-sized businesses to grow at a faster pace than the corresponding market segment, which is seen by analysts growing at an 8 pct rate, added the report. "
'In 2009 and in 2010 we expect sales to climb massively,' Apotheker added.
The software giant expects its group sales growth for 2007 to grow faster than the worldwide software market, which analysts see rising annually by 4 pct.
The Walldorf-based company also expects sales growth in its segment targeting mid-sized businesses to grow at a faster pace than the corresponding market segment, which is seen by analysts growing at an 8 pct rate, added the report. "
