SAP records best-ever result in Australia-NZ region

SAP's New Zealand revenue grew 102 per cent year-on-year in 2010 compared with 2009, contributing to a 26 per cent year-on-year increase for Australia and New Zealand, the company announced today.

In a statement announcing the result, SAP Australia-New Zealand managing director Tim Ebbeck says: "The ANZ business in 2010 performed exceptionally well, especially on the back of very strong performances in the prior years."

SAP made strides in the SMB space, with its indirect business growing 80 percent, Ebbeck says.

The company's acquistion of BusinessObjects in 2007 has helped boost its growth in New Zealand and Australia, with SAP BusinessObjects growing 25 percent in the region.

Key customers wins in New Zealand during the year include theAuckland CouncilĀ and Jucy Rentals.

SAP did not mention actual figures in its statement announcing the 2010 result.

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