(Bloomberg) -- SAP SE plans to "aggressively manage" its profit margin while not sacrificing growth in cloud-computing software, which earns less than traditional software, according to Chief Executive Officer Bill McDermott.

"We also have to be a growth company and capture the market share in the cloud while we can," McDermott said at a presentation in New York. "We know exactly what we’re doing on the margin."

Register or login for access to this item and much more

All Information Management content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access