# Europe’s established tech firms gain from AI deployment

2026-08-06T22:01:49+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Europe’s established technology companies are reporting stronger demand as businesses move artificial intelligence from trials into daily operations. SAP, Capgemini, Sopra Steria and OVHcloud have reported stronger growth, bookings or outlooks, Reuters reports. Companies need AI connected to older software, fragmented data, permissions, audit trails and compliance systems, rather than simply access to models. SAP’s cloud backlog rose 26% to €22.9 billion at constant currencies. Capgemini raised its annual growth target after bookings increased 9.2%, while Sopra Steria upgraded its outlook after organic growth reached 5.3%. OVHcloud’s public-cloud revenue rose 20.2% in its third quarter. Airbus plans about 70 critical applications on Scaleway by the end of 2028.

## Coverage

- livemint.com <https://www.livemint.com/technology/europes-established-tech-firms-emerge-as-unexpected-ai-winners-11785909696992.html>

Tags: Artificial intelligence, cloud computing, enterprise software, European technology, SAP
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