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    SAP SE (SAP)

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    SAP SE is a global leader in enterprise application software, headquartered in Walldorf, Germany. The company provides software solutions and services that enable businesses across 26 industries to operate as intelligent, sustainable enterprises. SAP's offerings include cloud solutions, on-premise software, and support services, with a strong focus on integrating advanced technologies like artificial intelligence and machine learning into its products.

    1. Cloud - Offers Software-as-a-Service (SaaS), Platform-as-a-Service (PaaS), and Infrastructure-as-a-Service (IaaS) solutions to support digital transformation and business agility.
    2. Software Licenses and Support - Provides traditional software licensing and recurring support services to ensure optimal performance and reliability of on-premise solutions.
    3. Services - Delivers consulting, training, and professional services to help businesses implement and optimize SAP solutions.
    NamePositionStart DateShort Bio
    Christian KleinChief Executive Officer (CEO)April 20, 2020Joined SAP in 1999, became co-CEO in October 2019, and sole CEO in April 2020. Oversees strategy, operations, corporate development, sustainability, business AI, and compliance.
    Dominik AsamChief Financial Officer (CFO)March 7, 2023Joined SAP as CFO in March 2023. Previously served as CFO at Airbus SE and Infineon Technologies AG. Holds an MBA from INSEAD and a degree in Mechanical Engineering.
    Jürgen MüllerChief Technology Officer (CTO)2019Joined SAP in 2013 and became CTO and Executive Board member in 2019. His current term expires in 2024.
    Scott RussellCustomer Success2021Joined SAP in 2010 and became Executive Board member in 2021. Oversees global commercial, partner ecosystem, and customer engagement. Previously served as President of SAP APJ.
    Thomas SaueressigSAP Product Engineering2019Joined SAP in 2004 and became Executive Board member in 2019. Leads SAP Product Engineering, including business software applications, cloud operations, and support.
    Gina Vargiu-BreuerChief People OfficerFebruary 1, 2024Will join SAP as Chief People Officer on February 1, 2024, succeeding Sabine Bendiek. Previously Senior VP of Global HR at Siemens Energy. Holds a postgraduate diploma from ESMT Berlin.
    Julia WhiteChief Marketing and Solutions OfficerMarch 2021Joined SAP in March 2021. Responsible for global and regional marketing, corporate communications, and government affairs. Previously Corporate VP at Microsoft overseeing Azure and other cloud products.
    1. With the ongoing salesforce reorganization and approximately 10% of the workforce leaving during the year, how are you managing the risks to ensure these changes don't cause disruption, especially as you head into a crucial fourth quarter with significant business to close?

    2. Given the strong free cash flow reported this quarter, can you elaborate on how much of this performance is due to structural changes and improvements that are sustainable versus one-off benefits from working capital that may not be repeatable in future years?

    3. Despite your bullishness amidst macroeconomic challenges, how confident are you in achieving the 27% guidance for Current Cloud Backlog growth this year, and what dynamics could impact this target?

    4. Can you provide specific details on the key drivers behind the significant acceleration in your Cloud ERP Suite, and whether this momentum is sustainable in the coming quarters?

    5. Considering that large deals accounted for over 60% of cloud order entry this quarter compared to the usual 50%, can you comment on whether the total volume of deals is up year-over-year and how current volatile conditions might affect your pipeline heading into Q4?