Business software company SAP said Robert Enslin, the head of its cloud business group, has resigned.
Robert Enslin joined SAP in 1992 and served on its board since 2014. IT industry analysts considered Robert Enslin as a potential successor to SAP CEO Bill McDermott.
SAP reported Cloud & Software revenue of 20.622 billion in 2018 against 19.549 billion in 2017. SAPs operating profit was 5.705 billion in 2018 against 4.877 in 2017. Total revenue of SAP increased to 24.741 billion in 2018 against 23.464 billion in 2017.
SAP earlier said it aims non-IFRS cloud subscriptions and support revenue of 8.6 9.1 billion in 2020 against the previous target of 8.2 8.7 billion. SAP also aims at 28.6 29.2 billion non-IFRS total revenue in 2020 against…
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