#6. SAP’s Christian Klein
Money, money, money, money, MONEY.
Cue that song from The O’Jays.
That’s how it feels when reading this next story about the Rise with SAP program, launched last year to accelerate SAP’s customers’ cloud migration. According to Channel Futures journalist Jeffrey Schwartz, SAP is flush with cash because of the program, as fourth quarter earnings showed higher than expected cloud revenues. And by a lot.
SAP SEO Christian Klein should be practically giddy.
“You have seen from our 2021 results that there is now a large movement of our installed base to the cloud,” Klein said.
The excitement is overwhelming.
(We should add that the company did see operating cash flow drop some.)
A quick review of Schwartz’s story shows a flurry of SAP earnings activity.