SAP CFO Says Cloud Business Is `Definitely Accelerating'

The transcript discusses SAP's strong performance in Q2 2018, highlighting the growth in its cloud business and the impact of geopolitical tensions. SAP's cloud business saw a 40% growth, driven by acquisitions like Callidus Cloud. The company is expanding its CRM offerings and sees significant growth potential in this area. GDPR compliance is seen as a tailwind due to SAP's strong data privacy practices. The market perceives SAP positively, with many buy ratings, and the company is confident in its future growth, aiming for significant revenue increases by 2020.

What is SAP's outlook for growth in the cloud business for the remainder of the year?

How does SAP's experience with GDPR compliance provide a competitive advantage?

What are the key components of SAP's modern portfolio that support its growth strategy?