SAP APJ Fuels
Continued Expansion in the Region by Adding more than 3300 People
SAP Asia Pacific Japan continued to outperform the business software market
across the region in 2007.
SAP APJ finished the year strongly with outstanding fourth quarter software
revenue sales growth of 44% in constant currencies, compared with the previous
corresponding period, to €.18 billion. SAP APJ finished the year strongly with
outstanding fourth quarter software revenue sales growth of 44% in constant
currencies2, compared with the previous corresponding period, to €.18 billion.
On a full year basis, SAP APJ remained SAP AG’s fastest growing region with
software revenue rising 32% year-on-year in constant currencies to €.482
billion.
Total revenues for SAP APJ grew 20% year-on-year in constant currencies to
€1.275 billion.
For the full year of 2007, SAP APJ’s software and software related service
revenue3 grew 24% in constant currencies to €.959 billion, while Q4
software and software related service revenues grew 32% in constant currencies
to €.304 billion.
SAP continued to gain share in the fourth quarter of 2007, marking the eighth
consecutive quarter of market share gains. Based on software and software
related service revenues on a rolling four quarter basis, SAP’s worldwide share
of Core Enterprise Applications vendors4, which account for
approximately $36.7 billion in software and software related service revenues
as defined by the Company based on industry analyst research, increased to
28.5% for the four quarter period ended December 31, 2007. This compares with
27.0% for the four quarter period ended September 30, 2007 and 24.5% for the
four quarter period ended December 31, 2006. For SAP, this represents a
year-over-year share gain of 4.0 percentage points in market share.
SAP Continues to Invest in Asia Pacific Japan Customer Growth
SAP continues to invest in maintaining its leadership position in the fast
growing Asia Pacific Japan region, adding 3384 full time employees in 2007,
bringing the regional total to more than 9500 full-time equivalent employees.
SAP APJ is widely regarded as an employer of choice across the region.
In Q4, SAP also established its first sales operations in Cambodia working with
an SAP Business All-in-One partner in Phnom Penh. This follows SAP APJ’s
expansion into Vietnam in both Hanoi and Ho Chi Minh earlier in 2007.
SAP India, the fastest growing country for SAP globally, continued to expand
operations in 2007 with the acquisition of YASU Technologies and the SAP
Executive Board’s continued commitment to invest US$1 billion in the country by
2010. Venkatesh Raman, ITvoir Network
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