SAP today released a preliminary review of its fourth-quarter financial results, saying that total revenue for the period dropped 9% to €3.1 billion.
At the same time, SAP said it has reinstated a two-tiered software maintenance support structure and will freeze fee levels for existing customers of its high-end maintenance offering at 2009 rates. In addition, SAP announced an internal reorganization that creates new industry- and product design-focused boards.
Today’s sneak peek at the Q4 results precedes the official announcement on January 27, when SAP will also provide a financial outlook for 2010. The preliminary numbers show that software and software-related service revenue for the quarter ended Dec. 31, 2009 dropped 4% year-over-year to €2.5 billion, while software revenue alone dropped 16% to €1.1 billion.
In SAP’s Americas region, software and software-related service revenue declined only 2%; in the European region it fell 8%.