SAP Outlook Promises, says cloud financial director, says Deepseek good news

German technology giant Bait On Tuesday, she promoted her financial view for the full year Artificial cloud computing and artificial intelligence have strengthened growth.

The largest manufacturer in Europe is now expecting a operating profit based on a fixed currency in 2025 between 10.3 billion euros (10.7 billion dollars) to 10.6 billion euros, an increase of a previous goal of 10.2 billion euros. The company also expects an acceleration in the growth of cloud revenues.

The amended operating profit increased by 25 % to 8.15 billion euros in 2024, higher than 22 % of the significant increase in a concrete analyst of the company.

Revenue from cloud companies and the company’s basic software increased by 11 % for this period, and also before unanimity estimates.

CNBC told CNBC on Tuesday that the company runs “a lot according to the plan”, as the outstanding performance this year already puts all its ambitious boxes in 2025 “in October 2020.

Asam added: “We have all the reasons for optimism about implementing these goals.”

Analysts at JPMorgan said the upgrade was before expectations. The company’s shares are hovering around the flat line in the morning and the last time it was traded by 0.9 %.

This week, the Chinese Deepseek application raised concerns about the competitiveness of artificial intelligence, which leads to a specialty Selling market.

Asam told CNBC that developments from Deepseek were actually “Sarah News” for SAP.

CEO Christian Klein said in a statement on Tuesday that artificial intelligence has become a major part of the work, as technology represents half the entry of the SAP cloud request in the fourth quarter. Klein said that the SAP position in the data and “Business AI” gives the company “additional confidence” in leading growth until 2027.

Asam added that the company is always looking to upgrade its systems, and that it is located in a capable way to take advantage of the new innovations. The financial manager said that as long as the technology is relevant, reliable and responsible, the most selection of SAP must improve the axis of artificial intelligence.

“So I am not worried about it. On the contrary, the competition, and the innovation on that front is very useful for creating better products for our customers.”