The company continued its dominance in the Enterprise Resource Planning software market, with more than over 7,900 customers adopting its S/4HANA platform since inception in 2015. Our price estimate of $107 suggests that the market is pricing SAP, 3% below our estimate. Steps To Arrive At Our Price EstimateSAP generates revenue from two segments: Cloud and Software revenue, and Services revenue. As more and more companies adopt cloud services, the overall cloud market has been expanding at a rapid rate. This is a multi-billion dollar market which could help drive the next phase of SAP’s Cloud revenue growth.

Source: Forbes March 29, 2018 17:37 UTC