SAP’s Venture With China Telecom Helps Double Cloud Sales
SAP AG (SAP), the largest maker of business-management software, said first-quarter sales of cloud services in China more than doubled as a joint venture with the nation’s largest fixed-line carrier helped boost demand.
The joint venture called China Datacom Corp. that was established with a subsidiary of China Telecom Corp. (728) in November is providing human resources support through the cloud for 15,000 of the carrier’s own users, Mark Gibbs, SAP’s president for the greater China region, said in an interview in Beijing today. The venture will start offering cloud services to other customers in the second half, he said.
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