Updated
Updated · Bloomberg · Apr 30
Europe's software firms beat estimates despite AI and Iran war concerns
Updated
Updated · Bloomberg · Apr 30

Europe's software firms beat estimates despite AI and Iran war concerns

14 articles · Updated · Bloomberg · Apr 30
  • SAP, the region's biggest software company, topped analyst forecasts as demand for its cloud products kept growing.
  • Bloomberg Intelligence said SAP's cloud backlog should ease fears that AI disruption or the Iran war could delay deal closures.
  • The results suggest European software groups are weathering investor concerns over artificial intelligence and weaker business confidence better than expected this earnings season.
Is SAP’s strong backlog a defense against AI or just delaying the inevitable 'SaaSpocalypse'?
Will SAP’s upcoming AI showcase prove more valuable than building custom solutions in-house?
Are proprietary data moats the only defense left for software giants in the AI era?
With data centers now a 'front line,' can Europe achieve sovereignty while relying on US tech giants?
What is the hidden environmental cost of Europe's quest for digital autonomy through AI?
How will tech giants protect cloud data centers now that they are considered military targets?