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Innovation Is Key to SAP's Success: CEO

1:45 AM ET Tue, 24 July 2012

Jim Hagemann Snabe, co-CEO of SAP AG, told CNBC, "It is wonderful to deliver a gold medal run right up to the Olympics. Quarter two was the tenth consecutive quarter of double digit growth from SAP. I see two reflections on this, first of all our customer driven innovation strategy and secondly this is about an innovation agenda."