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Sap Hit by Economic Slowdown Despite Ai and Cloud Growth, Q3 Sales Fall Below Expectations
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[Digital Daily Reporter Lee Anna] German software company SAP continued its growth in the third quarter of this year, fueled by demand for artificial intelligence (AI) and cloud computing, but was unable to avoid the shadow of an economic slowdown. While cloud revenue increased, overall revenue fell short of market expectations due to delayed investments in certain industries. SAP announced on the 22nd (local time) that its third-quarter revenue…
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