Reports Q3 revenue EUR 8.47B vs. EUR 7.74B last year. Christian Klein, CEO: “Q3 was another strong quarter for SAP (SAP), and we are confidently raising our 2024 financial outlook. Cloud revenue growth developed remarkably well in the quarter, especially for our Cloud ERP Suite. Even more importantly, we are making strong progress on Business AI with groundbreaking innovations such as SAP Knowledge Graph. A significant part of our cloud deals in Q3 included AI use cases.”
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