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There are not many organizations that can take a hit on net profit due to monstrous restructuring costs, yet at the same time raise their operating profit projections for 2025, but SAP is one of them, according to its latest quarterly results released this week. The move to an all-in AI strategy appears to be paying off, with SAP CEO Christian Klein telling financial analysts on a recent earnings call that “AI had a direct impact on our bookings. In the second quarter, almost 20% of all deals included Premium AI use cases. This is just the beginning. Customers have clear plans to expand AI con…

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