Henning Kagermann
Henning Kagermann
Henning Kagermannis a German physicist and businessman. He was the former chairman of the Executive Board and Chief Executive Officer of SAP AG...
close expect five
I would expect that in five years from now we would come close to that coverage,
expect healthy looking overall pipeline sales second software stronger third
Looking forward, our overall pipeline is healthy and we expect stronger software sales in the second and third quarters,
according below current expect fall growth previous profit quarter rate sales slightly year
According to the current indications that sales growth in the first quarter will be slightly below our previous year on year rate of 20 to 25 percent, we expect pre-tax profit to fall significantly.
billion both compete market nine parts
The parts of that market where we compete are both nine billion euros,
buy certain growth mostly opportunity organic
We see a lot of opportunity for growth -- mostly organic but we will make fill-in acquisitions if we need to buy in certain expertise.
respect
You have to respect that there is a law.
applicable type
Everything that is applicable to consumption can be there for this type of on-demand model.
committed competition continue executing faster fierce invest moving resources satisfied strengthen
While we are satisfied with the numbers, we are committed to moving even faster and executing even more effectively, ... Competition for Web-based products, particularly in the U.S., has been fierce and we will continue to invest considerable resources to strengthen the mySAP.com momentum.
achieve benefits continued effective growth organic partners success
We continued to demonstrate that organic growth is a very effective way to achieve success in this industry, and that it benefits our customers, partners and shareholders.
china obviously property protection reason
One reason we don't have so much development in China is obviously that protection of intellectual property is not like in other countries.
One-third of this is stand-alone, where no other applications come in.
foot hurt time
Luckily, I hurt my foot so I had time to go over the proofs.
again people
We want to take on more people again in 2006.
continued good growth pleased product software start strong
We are pleased to say that we are off to a good start in 2006 with continued strong growth in software and product revenues for the first quarter.