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How much does SAP invest annually in research and development?

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How much does SAP invest annually in research and development?

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SAP recognizes that we must continuously improve our portfolio of innovative products to maintain our leading position as a vendor of business software. R&D expenses grew 9% in 2007 to €1,458 million. The portion of total revenue that SAP spent (based on the adjusted measure) on R&D in 2007 was unchanged at 14%. Expenses for R&D include employee salaries and costs for externally procured development activities.

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