Breaking Down Revenue Trends: SAP SE vs Manhattan Associates, Inc.

Revenue Trends: A Tale of Two Companies

In the ever-evolving landscape of enterprise software, SAP SE and Manhattan Associates, Inc. have carved distinct paths. Over the past decade, SAP SE has consistently demonstrated its dominance, with revenues soaring from approximately $17.6 billion in 2014 to an impressive $31.2 billion by 2023. This represents a robust growth of nearly 77%, underscoring SAP's pivotal role in the global software market.

Conversely, Manhattan Associates, Inc., while smaller in scale, has shown remarkable agility. From 2014 to 2024, its revenue surged by over 112%, from around $492 million to over $1 billion. This growth trajectory highlights Manhattan's strategic focus on supply chain and omnichannel solutions.

While SAP's data for 2024 remains elusive, Manhattan's continued upward trend suggests a promising future. These insights offer a compelling narrative of resilience and innovation in the software industry.