SAP's operating profits might be down but cloud-fixated ERP biz thinks things are looking up enough to hike full-year guidance

Shrugs off 21% slump - that's just infra shift, share awards

SAP says cloud sales jumped 7 per cent in its Q1 and has upped full-year forecasts on renewed hopes for higher growth, indicating senior execs reckon customers will begin spending in greater numbers this year after projects slowed in pandemic-struck 2020....