Revenue Trends: SAP SE vs HP Inc.

In the ever-evolving landscape of global technology giants, SAP SE and HP Inc. have carved distinct paths over the past decade. From 2014 to 2023, HP Inc. experienced a notable revenue fluctuation, peaking in 2014 with a staggering 111 billion USD, only to see a decline to approximately 54 billion USD by 2023. This represents a nearly 52% drop, highlighting the challenges faced by traditional hardware companies in adapting to the digital age.

Conversely, SAP SE, a leader in enterprise software, demonstrated a steady upward trajectory. Starting at 18 billion USD in 2014, SAP's revenue grew by 78% to reach over 31 billion USD in 2023. This growth underscores the increasing demand for cloud-based solutions and digital transformation services.

While HP Inc. faced revenue volatility, SAP SE's consistent growth reflects the shifting priorities in the tech industry towards software and services.