SAP Investors Want Proof $28 Billion Sales Target Can Be Met
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A week after wooing software customers with mobile and data-analysis programs at a U.S. conference, SAP AG’s co-chief executive officers need to win over investors by explaining how they will reach sales targets.
Shareholders gathering today in Mannheim, Germany, want Bill McDermott and Jim Hagemann Snabe to give details on how the largest business-management software maker can achieve its goal of making a quarter of 2015 sales -- projected at 20 billion euros ($28 billion) -- from mobile products, services and data analysis software such as the Hana technology.