24 Sep 2025 | 5 Mins Read
AI poses threat to Europe's top software firm
Flipitmoney
Christian Klein, SAP CEO, achieved cloud sales boom but faces decline post-2027. Cloud sales are set to reach nearly €22 billion in 2023, nearly triple 2019 levels. However, analysts expect growth to slow after 2027 when SAP starts charging more for legacy systems. The company needs to convince users to buy new AI products to maintain growth, but faces competition from tech giants.