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Established software makers such as SAP are battling to boost Internet software sales and fend off pure cloud-based rivals Salesforce. N and Amazon.

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O Web unit. According to some analysts, SAP has staked out a big, early lead in the market for real-time business planning software by signing up a chunk of its biggest customers to S4 HANA.

For most companies, accounting for sales performance, inventory levels and other key financial measures still requires an elaborate scheduling effort known as the quarterly closing process to synchronize relevant data, a snapshot in time that is often days or weeks old by the time it is ready. This lets company planners drill down into actual financial transactions and draw on a range of both internal and external data instead of relying on statistical assumptions.

UPDATE 2-SAP teams up on cloud sales with Microsoft

Most analysts accept the industry shift to cloud software delivery. But they want SAP to disclose more financial metrics that can allow investors to track how the cloud business is performing relative to its classic packaged software business.

One of the fastest-growing parts of the cloud is its analytics platform, because companies want to see portfolio metrics in real-time, he said. Growth opportunities in the cloud also include a move into database-as-a-service and the ability for companies to use Hana in the cloud as a service.

SAP launches biggest software product overhaul in two decades | Reuters

SAP said about 4, jobs will be affected by the restructuring and it expects to end with more employees than it has now. Write to Sara Castellanos at sara.

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