SAP Secures 85% of 2026 Revenue Pipeline as AI Deals Accelerate
European software leader SAP has reportedly secured 85% of its 2026 revenue pipeline through AI-driven customer deals. The company’s cloud backlog surged 23% to €18.8 billion as enterprises increasingly adopt SAP’s artificial intelligence solutions.
European AI Powerhouse Defies Market Trends
While the enterprise artificial intelligence sector remains dominated by U.S. technology giants, SAP is emerging as Europe’s formidable contender in the space, according to recent reports. Sources indicate the German software company is experiencing unprecedented deal momentum driven primarily by customer demand for AI solutions.