Established European tech firms like SAP, Capgemini, Sopra Steria, and OVHcloud are posting accelerating growth tied directly to AI adoption inside large organizations. SAP’s cloud backlog climbed 26% year-over-year to €22.9 billion, while OVHcloud’s public-cloud revenue surged 20.2%. Capgemini and Sopra Steria both raised their outlooks after bookings jumped 9.2% and organic growth accelerated by 5.3% respectively. This trend reflects enterprises shifting from experimenting with chatbots to deploying AI in actual business operations, a market where European system integrators have built decades of expertise.
Source: Read the original article
