| |August 20225VOL 3 · ISSUE 10 -1 · AUGUST - 2022While the digital transformation trend continues to flare in magnitude, the Russia-Ukraine conflict has tampered with the growth of the SAP ecosystem. A few months ago, SAP announced its 7.077 billion first-quarter revenue, up 11 percent in 2021. However, despite the hit from the conflict, which is expected to amount to 300m for the year, Cloud revenue is 2.820 billion, up 31 percent and nearly 40 percent of the supplier's overall sales.According to SAP's quarterly report, more than 500 customers chose SAP S/4HANA in the quarter, taking total adoption to more than 19,300 customers. It implies a year-over-year increase of 18 percent. More than 60 percent of the additional SAP S/4HANA customers were net new. With an ever-growing ERP market, which is expected to reach $202.28 billion in 2025, and the global cloud applications market expected to reach $168.6 billion by 2025, already 77 percent of the world's transaction revenue touching an SAP system, the 20,000+ companies strong SAP partner ecosystem is affirmatively foreseeing field-days ahead.There is no shortcut to tapping into these opportunities. The SAP partners will have to do it the old-fashion way. They need to delve deeper into the SAP products as well as the nuances of the history, business, and requirements of local customers. The SAP partners will have to flex their innovative muscles and build additional capabilities & functional modules on top of SAP platforms, in addition to integrating with third-party legacy IT systems in order to penetrate the local market- everything at an affordable price structure, of course. It's really a mixed bag.Sujith Vasudevan,Managing Editor sujith@cioinsiderindia.comOffice Editorial queries editor@cioinsiderindia.comAdvertising Queriessales@cioinsiderindia.comBangaloreTel 080 46441103 To subscribeVisit www.cioinsiderindia.com/subscribe/ or send email to: subscription@cioinsiderindia.comMagazine price is Rs 150 per issuePrabhu Dutta A.R.N RayGM - Sales & MarketingNagendra Kumar KManager DesignMagendran PerumalCirculation ManagerEditorial TeamShiwani PrakashSaroop KPVaishnavi PradeepRajan Sarma Lakshmi GHarold VinsonEzekiah S. EdwardGopalkrishnaSharanCIOInsiderNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Souvik AcharyaSenior DesignerPublisher & EditorManaging EditorAlok ChaturvediSujith VasudevanPrinted and published by Alok Chaturvedi on Behalf of Info Connect Web Technologies India Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2022 Info Connect Web Technologies India Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.SAP portunties are HugeEditorial
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