SAP, Europe’s biggest enterprise software vendor, said yesterday its China business rose quickly in the second quarter amid “high double digit” growth of cloud business and due to new customers during China’s digital transformation process.
Mark Gibbs, SAP China’s president, predicted the company will continue to grow rapidly in the future in tandem with China’s Belt and Road Initiative and Made in China 2025.
The high growth in its cloud business was due to the quick market adoption of new cloud solutions introduced in China earlier this year. Meanwhile, SAP’s cloud store debuted on Alibaba Cloud, China’s top cloud infrastructure provider.
The Chinese market has also adopted SAP’s services on the Internet of Things featuring artificial intelligence and machine learning.
In the quarter SAP’s new customers included consumer electronics maker Skyworth and Shanghai Jahwa United Co.
SAP will also build a national-level data center in Guiyang, capital of Guizhou Province, making the firm an active contributor of the “triangle project” covering government, industry and technology, said Gibbs.
