– SAP Guidance Lifts Shares

The raised outlook marks an accelerated turnaround for SAP.

From Philipp Grontzki in today’s Wall Street Journal:

German business-software giant SAP AG Tuesday reported a 20% jump in second-quarter profit and said it plans to reach the top end of its revenue and profit guidance in 2011 amid strong demand….  The raised outlook marks an accelerated turnaround for SAP after it was forced in 2009 to cut several thousand jobs due to the economic downturn.

Good news for the entire SAP ecosystem!

Read the entire article at (click here).

Author: Dallas Marks

I am a business intelligence architect, author, and trainer. I help organizations harness the power of analytics, primarily with SAP BusinessObjects products. An active blogger, SAP Mentor and co-author of the SAP Press book SAP BusinessObjects Web Intelligence: The Comprehensive Guide, I prefer piano keyboards over computer keyboards when not blogging or tweeting about business intelligence.

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