SINGAPORE - SAP announced record fourth quarter and full year revenues in 2012 in Asia Pacific Japan (APJ) today.
Continuing its trend of total revenue growth, the achievement brings SAP to twelve consecutive quarters of double-digit growth in the region.
"We had the best year in SAP APJ history and an amazing growth performance in 2012 with 22 per cent software and cloud subscription growth. Japan did very well and China delivered a solid double-digit revenue growth performance. India also performed well with notable momentum in the SME space," said Steve Watts, President, SAP Asia Pacific Japan.
Customers such as Century Ginwa Department Store, China Huadian Corporation and Origin Energy Ltd invested in SAP's innovative software to help them run better.
Revenues from Mobile soared in 2012 with triple-digit growth. Applications, Analytics and the Database and Technology businesses continued to turn in double-digit growth. HANA achieved 50 per cent growth year-on-year.
SAP's strategy of driving growth through collaboration and co-innovation with its rich partner ecosystem is paying dividends with indirect sales contributing consistently to SAP's revenue streams throughout 2012.
"With more than 1100 partners in APJ, we provide local support for SAP markets and solutions to help fuel innovation and provide choice for customers of all sizes," Watts said.
"By 2015, we expect at least 40 per cent of SAP's software revenue will come from partners in APJ," he added.
Fourth Quarter 2012
International Financial Reporting Standards (IFRS) software revenue for the APJ region was €357 million (S$584 million). IFRS and non-IFRS software and software-related service revenue for the APJ region was €720 million.
Full Year 2012
IFRS software revenue for the APJ region was €879 million. IFRS and non-IFRS software and software-related service revenue for the APJ region was €2.24 billion.