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SAP SE (SAP) has announced an expanded cloud strategy with a €20 billion investment aimed at enhancing its Sovereign Cloud portfolio, targeting European enterprises and governments. This initiative is designed to address increasing regulatory requirements and data protection needs while leveraging AI-driven innovation.
The updated SAP Sovereign Cloud now includes various deployment options for customers, ensuring compliance with local regulations. This includes SAP Cloud Infrastructure operating within European data centers and offerings like Delos Cloud, specifically tailored for the German public sector.
In Q2, SAP’s cloud backlog increased by 22% to €18.1 billion, with cloud revenues also rising 24% to €5.13 billion. The company has projected cloud revenues of €21.6–€21.9 billion for 2025, reflecting an ongoing commitment to innovation despite existing market challenges.
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