SAP has revealed another quarter of strong financial results with profit jumping 10 per cent since the same time last year to €444m.
The firm's revenue increased 11 per cent since the same period last year to €3.35bn.
SAP said this has been the ninth quarter where it has recorded double-digit growth in software and services revenue.
"We see strong momentum for our flagship in-memory platform SAP HANA, our cloud and mobile solutions, and our core applications and analytics products," said Bill McDermott and Jim Hagemann Snabe, SAP co-chief executives.
SAP's positive financials follow on from last year, which was labeled as the firm's "best ever" year of performance.
SAP seems to have benefited by latching on to the three most popular IT trends sweeping businesses.
The firm last year launched the HANA big data analytics database, continued its rollout of Business ByDesign, and more recently purchased cloud software firm SuccessFactors.
Its 2010 $6bn acquisition of Sybase has also strengthened its mobile offerings.
As part of the firm's financial disclosure today, SAP announced a handful of new HANA customers, although none of them are UK companies. They include Banco Compartamos, Integrated Utility Holding and United Breweries.
SAP recently announced integration between its HANA database and the Sybase databases in its portfolio, in order to give customers a best-of-breed data management platform.
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