Sono Motors and MAN Truck & Bus to analyze applications of solar technology in commercial electric vehicles
MAN Truck & Bus and Sono Motors have signed a Letter of Intent to investigate the technical and economic feasibility of integrating Sono Solar technology into MAN’s eTGE electric transporter. Sono Motors is developing its own electric car that is suitable for daily use, with integrated solar cells and innovative mobility services.
Example of solar integration on a MAN eTGE.
Three applications are to be equipped with Sono Solar technology and investigated by the companies:
MAN eTGE panel van
MAN eTGE with a refrigeration system
SAP Touts Cloud Gains, Dismisses Oracle’s Competitive Claims
CEO Klein says sales of SAP’s S/4HANA ERP applications – especially in the cloud – show strong growth in the first quarter. By Rick Whiting April 22, 2021, 05:31 PM EDT
SAP’s CEO is heralding the software giant’s sales growth in cloud computing while dismissing recent claims by rival Oracle of competitive wins in the hotly contested ERP application space.
“Q1 was a blowout quarter in the cloud,” CEO Christian Klein (pictured) said during a call Thursday with financial analysts to detail the results of the company’s 2021 first quarter.
SAP has been aggressively transitioning its software products and its customers to the cloud. In the quarter ended March 31 cloud revenue grew 7 percent to 2.15 billion euros (U.S. $2.56 billion) and the current cloud backlog increased 19 percent.
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SAP has reported first quarter 2021 revenue of €6.35bn, up 2% on the same year-ago quarter. Cloud revenue has increased by 1% year-on-year, and S/4 adoption is up 2.5% on the previous quarter.
+17% (+24% cc) We are seeing very strong order entry growth across our applications portfolio. And we are just getting started. Our new offering RISE with SAP is rapidly becoming a massive accelerator to our customers business transformations with our platform at the center. Together with our unique ecosystem of more than 22,000 partners and with a strong innovation pipeline for the year, we are well on track with our strategy to deliver robust cloud growth.
Christian Klein, CEO
The first quarter of 2021 was unique in many ways. We had the highest order entry growth across cloud and software in five years while posting the strongest increase in Non-IFRS operating profit and margin in a decade. Free cash flow was up double-digit compared to a record prior year. In the mid term SAP s expedited shift to the cloud will accelerate topline growth and significantly increase the resiliency and predictability of our business.