Menu
SAP ANZ Q2 09 revenue up 16 percent

SAP ANZ Q2 09 revenue up 16 percent

Software company attributes growth to major wins.

SAP Australia New Zealand has posted double digit revenue increases over the financial year and second quarter of 2009.

Overall revenue was up 16 percent in the second quarter of 2009 compared to the same period last year. First half overall revenue was up 14 percent.

SAP ANZ president and CEO Tim Ebbeck says the company is very pleased with its first half performance.

“Amidst some of the most volatile trading and market conditions in years we have signed major deals with new customers, strengthened and built on relationships with existing customers and taken to market a really compelling set of solutions with SAP BusinessObjects.

“In this environment, any incremental revenue growth is significant, given we had our largest year ever in 2008. We are pleased but not complacent. It’s still a challenging market but also one with significant opportunities,” he says.

SAP attributes the growth to some local wins including KiwiRail and Telecom. Retailer Super Cheap Auto Group was the first buyer of BusinessObjects Explore in the ANZ region.

Ebbeck adds that the company “won an unfair share” of a smaller number of transformation projects.

“This type of deal was the major theme in 2008 and the prime contributor to our financial result last year. In 2009, we’ve seen organisations focus on smaller strategic IT projects that are designed to deliver a very specific outcome or competitive advantage without disrupting ongoing operations,” he says.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags SAP

Featured

Slideshows

The making of an MSSP: a blueprint for growth in NZ

The making of an MSSP: a blueprint for growth in NZ

Partners are actively building out security practices and services to match, yet remain challenged by a lack of guidance in the market. This exclusive Reseller News Roundtable - in association with Sophos - assessed the making of an MSSP, outlining the blueprint for growth and how partners can differentiate in New Zealand.

The making of an MSSP: a blueprint for growth in NZ
Reseller News Platinum Club celebrates leading partners in 2018

Reseller News Platinum Club celebrates leading partners in 2018

The leading players of the New Zealand channel came together to celebrate a year of achievement at the inaugural Reseller News Platinum Club lunch in Auckland. Following the Reseller News Innovation Awards, Platinum Club provides a platform to showcase the top performing partners and start-ups of the past 12 months, with more than ​​50 organisations in the spotlight.​​​

Reseller News Platinum Club celebrates leading partners in 2018
Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP has honoured its leading partners in New Zealand during 2018, following 12 months of growth through the local channel. Unveiled during the fourth running of the ceremony in Auckland, the awards recognise and celebrate excellence, growth, consistency and engagement of standout Kiwi partners.

Meet the top performing HP partners in NZ
Show Comments