FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski
(Reuters) -German business software group SAP on Thursday said fourth-quarter revenue from its cloud computing business jumped 28% as more customers shift their IT operations to its cloud business database.
Cloud revenue climbed to 2.61 billion euros ($2.99 billion) in the fourth quarter ended Dec. 31, the company reported in a preliminary earnings statement.
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