Boom spurs SAP to open cloud data hub in China
Print Edition
SAP, Europe’s biggest enterprise software firm, launched a data center with cloud computing features in China yesterday, after posting a triple-digit growth in its cloud business in the country last year.
SAP’s cloud business, which it cooperates with partners including China Telecom and Alibaba’s AliCloud, will continue growing in medium and small-sized enterprises and firms seeking expansion in China this year, said Mark Gibbs, SAP China’s president.
Transition to cloud is what the firm will adopt as its strategy, Gibbs said in Beijing.
In 2016, SAP achieved triple-digit growth in the cloud business and double-digit expansion in software-related services, the third consecutive year of robust growth for SAP in China.
China’s public cloud computing revenue is set to surge 33.2 percent annually from 2015 to 2018. It will create several million new jobs by 2020, researchers said.
SAP has also invested in a research center in Shanghai and a Big Data center in Guiyang, Guizhou Province.
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