SAP just posted its first-ever €10 billion quarter as cloud revenue climbed and its cloud backlog, a key measure of future subscription revenue, rose 26%.
The new AI agent app watches connected tools like Gmail and Slack, then suggests next steps in a waitlisted preview for US Pro and Max users.
The company lifted its software growth outlook to about 7%-8% after third-quarter revenue of $17.10 billion beat estimates.
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