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TheStreet Open House

SAP Offers Fast Track To Innovation Via A Flexible Path To The Cloud

Stocks in this article: SAP

"SAP is delighted to offer this tremendous opportunity to customers, allowing them to redirect existing investments to new innovation areas in the cloud," said Robert Enslin, president of Global Customer Operations and member of the  SAP Global Managing Board of SAP AG. "The unified SAP Cloud portfolio significantly expands our customers' ability to grow their businesses by offering real-time, secure access to the cloud — all while lowering the cost of entry and through a great user interface. With this new cloud extension option, SAP helps each customer create a unique experience specific to their business requirements."

This offer is not expected to have any material impact on the company's full year 2013 outlook for revenue or operating income.

For more information, visit the SAP Newsroom.

About SAPAs market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 248,500 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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