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German software supplier SAP announced its first quarter results as of the end of March on April 22 local time, with a total revenue of 8.04 billion euros in the first quarter, a year-on-year increase of 8%; The revenue of cloud business in the first fiscal quarter was 3.93 billion euros, a year-on-year increase of 24%; Cloud backlog orders increased by 27% to 14.18 billion euros. The company maintains its expected annual cloud business revenue of 17 billion to 17.3 billion euros.
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