SAP did OK on its top line and is signaling rapid cloud growth. The bottom line will disappoint but you have to look behind the numbers to understand where SAP is going.
Infosys so-so results for Q4 FY2017 were overshadowed by ongoing public spats between a founder and the board. They served as a distraction that impacted the company.
Workday had a very good quarter but the shine was knocked off by the withdrawal of a billings forecast for the next year. This overshadowed an important milestone in the adoption of ASC 606 which changes the way companies with contracts report revenue.
Across a broad swathe of questions, Luka Mucic, SAP's CFO demonstrates an understanding of both the market and customers that is rare among CFOs. This is evidenced by the answers I got to questions following Q4 FY2016 earnings.
SAP Q4 FY2016 hits top of cloud range, shades consensus targets. Company ups guidance for 2020 (updated)
SAP Q4 FY2016 wasn't quite up to snuff overall but cloud revenue growth was at the top of expectations. Even so, SAP raised its 'ambition' for 2020.
Salesforce beats and ups outlook as it eyes $10bn revenue for FY2018
Microsoft turned in a solid result for Q1 FY2017 but the underlying numbers are all over the map.
Infosys beat market expectations for the quarter from good execution but disappointed the market with another reduction in its forward outlook.
Box posted a good result for Q2 FY2017 with plenty of promise for the remainder of the year
Workday turned in a good result for Q2 FY2017, beating out on revenue but with relatively light guidance for Q3. However, the ongoing mid-term guidance is solid and something that catches the eye.
The summer's slack period has seen some slack assessment of financial events. It is a dangerous trend that needs addressing.
Infosys faced a disappointing and challenging quarter. Brexit loomed large in the analyst calls but like others, Infosys is taking a relatively neutral yet cautious approach.
The Invictus Games celebrates sporting excellence against the odds. An appropriate metaphor for some time yet for Sage Group as the shift to the cloud proceeds?