2020 Outlook Assessment – SAP

May 4, 2020 - Research U56

As the COVID-19 pandemic runs its course and markets look to recover from the economic downturn, surviving technology companies are well-positioned to lead the recovery. SAP offers enterprise-level solutions for the full range of business functions and delivers consistent value to a large and diverse customer base. The vendor has lowered most of its business forecasts for the rest of 2020, but its central role with mission-critical functions for so many global organizations will help it maintain a strong presence in each of its market areas. Nucleus expects that SAP’s broad range of product offerings and proven track record of customer success will bolster the company during the current economic turbulence and position it for further growth in 2021 and beyond.