SAP suffers biggest fall in five years amid concerns over cloud business
Shares fall 16% as Europe’s largest software company says its cloud backlog growth will ‘slightly decelerate’
Shares fall 16% as Europe’s largest software company says its cloud backlog growth will ‘slightly decelerate’

German software provider is generating higher revenue after moving to the cloud

Private capital groups also suffer steep losses

Sell-off may be overdone, but companies need to move faster to respond to AI

Chief says cloud infrastructure business was expected to grow more than 70% in the next fiscal year

And more on the sentiment puzzle

The fear that AI will disintermediate B2B information providers misunderstands what makes them valuable