German software firm SAP expects strong cloud adoption this year, driven by small and medium-sized businesses (SMBs) that have accelerated their investments in a multi-cloud strategy.
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It’s a well-established fact that the pandemic has forced orgs to invest in digital revenue streams. But this has meant the need to use technology that allows automation of routine tasks, new workflows, improvement in the compliance posture and more. However, with revenue recognition getting impacted, orgs are also forced to keep costs under check. This is where Cloud-delivered technology resources add the most value and hence have been in demand.
Like other vendors, SAP has steered its own products in this direction and has also made acquisitions that fit with the changing buy-side trends. This has been complemented by changing sales and partner programs like RISE with SAP that has done well to push the agenda for the cloud. While the large companies are taking to this change and moving their SAP workloads in locally hosted hyperscalers (to comply with data residency norms), their smaller counterparts are also investing in cloud-delivered ERP and other apps to be compliant and adapt to digital revenue streams.
Finally, of course, with more hyperscalers as partners and the ability to run SAP on Linux, clients are warming up to transform their systems.
HT Mint
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