SAP's cloud business flying high in China
By Ma Si | China Daily | Updated: 2016-07-22 08:00
German software company SAP SE saw triple-digit growth in its China cloud business in the second quarter of the year, as it taps into the country's e-commerce boom and local manufacturing enterprises' intensified efforts to embrace digital transformation.
The company announced on Thursday that it had double-digit growth in its software and software-related service for the third quarter in a row, defying the country's economic slowdown.
Mark Gibbs, president of SAP Greater China, said the company will maintain a strong momentum as the world's second-largest economy beefs up resources to drive innovation-led growth and high-end manufacturing.
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