German enterprise software group SAP announced on Friday that it was debating internally whether to accelerate moving more of its business to the cloud. The plan was to do an abrupt change in its overall strategy that could have a small impact on its target to grow sales to over EUR20 billion.

Co-chief executive Jim Hagemann-Snabe confidently stated out that the change will generate more sales by 2017.

During a Morgan Stanley investor conference on Friday, Hagemann-Snabe said, "We have a situation now where we see the move to the cloud particularly in certain markets like North America happening even faster, and this is a great opportunity for us to revisit whether we shold accelerate the move to the cloud. This would also have an impact on the 2015 level, I don't expect enormous impact but it would have some impact because you are delaying some revenues. However in a 17 time frame you would have more than that back, so I think it would be the right thing for the company if we had the opportunity."