It's a matter of when, not if, customers move to the cloud, SAP tells investors
SAP is telling investors that customers' migration to the cloud is only a matter of when – not if – despite evidence to the contrary from users, analysts, and other third parties.
In October 2020, SAP promised investors it would accelerate users' cloud adoption following a reset of its forecasts and a 23 percent fall in its valuation. The following January, it, a commercial offer that promises to lift and shift customers to its cloud with bundled SIs, hyperscalers and consultancy deals – the German software giant fronting it all with"one hand to shake."
"What is really clear is their journey will differ," he said."With the move with Rise, when we announced that it wasn't just a target architecture of being in the cloud, but it was helping customers on a transformation journey that fit their landscape. Some will have a longer period of time and leveraging their on-premises architecture; others go straight to a greenfield in the cloud using our public addition.
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