Seems SAP's investment in good arguments pays off.
OTOH Europe and Germany have obvious problems in the cloud sector: They cannot do it on their own and thus are depending on either the USA or other countries who have the know-how.
Not a situation you want to find yourself in, when IT is the backbone which keeps everything running.
Luckily German government's investment in paper, floppy drives and fax machines makes it secure against attacks towards IT infrastructure... ;-)