Saturday, March 31, 2012

SAP sets sights on fresh profit record

To match feature INDIA-RD/FRANKFURT (Reuters) - SAP, the world's biggest maker of business software, aims to set a fresh profit record this year as it banks on robust corporate spending on technology. Investors have worried that they may have overestimated the resilience of corporate tech spending in a deteriorating global economy, especially after SAP's big rival Oracle Corp reported weak quarterly results last month. But there have been increasing signs that the outlook may not be as dim as some feared. ...


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