SAP stock gains fresh momentum from Dremio data platform

Published on 10/30/2026 at 16:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SAP stock traded higher in Frankfurt as the company expanded its AI data platform with Dremio-based lakehouse capabilities. The new functions target governed access to distributed business data.

Fresh data platform broadens AI strategy

SAP added open lakehouse and business data fabric capabilities to its Business Data Cloud.
The Dremio integration is intended to connect distributed enterprise data with AI agents without copying it.
General availability for the new lakehouse capabilities is planned for the first quarter of 2027.

SAP, DE0007164600, Illustration mit AI erstellt.

SAP expanded its enterprise AI roadmap on Thursday, October 29, with new lakehouse and business data fabric capabilities built on its completed Dremio acquisition. The announcement adds a fresh product layer to the AI tools covered in the previous report.

Data access becomes the next AI test

According to SAP News Center, SAP Business Data Cloud now supports native Apache Iceberg and a universal catalog based on Apache Polaris. Dremio also contributes a federated SQL engine designed to query lakehouses and relational databases without moving or copying the data.

The strategic aim is to give Joule and other AI agents access to business information while preserving governance and context. SAP said the new functions can connect data across platforms and support natural-language access through Joule Work. The commercial benefit remains a future opportunity rather than a reported revenue contribution.

Cloud backlog remains the financial anchor

The product push follows SAP's third-quarter update, which showed current cloud backlog of 24.1 billion euros, cloud revenue growth of 26 percent and total revenue growth of 13 percent. The company expects 2026 cloud revenue at the upper end of its 25.8 billion to 26.2 billion euro range.

General availability for the new lakehouse capabilities and SAP Reltio data product functions is planned for the first quarter of 2027, according to SAP's TechEd innovation guide. That timing gives investors a defined checkpoint for assessing whether the expanded data platform moves from product promise to customer adoption.

SAP stock traded at 211.83 euros on Lang & Schwarz at 4:13 p.m. CET on Friday, October 30, 2026, 1.40 percent above the Xetra close of Thursday, October 29. The Xetra close was 208.90 euros, according to TickerLandia.