The ERP Minute Episode 36 - April 26, 2022

Last week, SAP announced their Q1 2022 results with continued cloud momentum. Cloud revenue further accelerates, up 31%, SAP S/4HANA cloud revenue significantly increased, up 78%, and SAP S/4HANA current cloud backlog is expanding even faster, up 86%. Oracle recently announced the availability of Oracle Exadata Cloud Infrastructure X9M which enables customers to run on existing workloads faster, with greater scale, and at a lower cost than previous generations. Gartner predicts that three emerging environmental sustainability technologies will see early mainstream adoption by 2025. These technologies are cloud sustainability, carbon footprint measurement, and advanced grid management software. In line with this prediction, Workday publicized new solutions and expanded capabilities to help its global customers meet the demands of evolving environmental, social, governance regulations and corporate accountability. Also related, this week Acumatica was awarded a silver medal for its sustainability management and performance by EcoVadis, the world’s largest and most trusted provider of business sustainability ratings.

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