SAP AG says its total revenue for the year ended Dec. 31 rose 22.6 percent over 1999, but indicates that it expects fastest growth to come from outside its traditional market for enterprise resource planning systems. Walldorf, Germany-based SAP, whose stock is traded on the New York Stock Exchange, said in an annual statement filed with the Securities and Exchange Commission that its revenue last year rose to 6.26 billion euros (US$5.88 billion), up from 5.11 billion euros in 1999.
SAP attributes much of its growth to software offered through its mySAP.com e-business platform, which accounted for 1.3 billion euros, or 53 percent, of overall software revenue of 2.5 billion euros last year.
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