Shehryar:
Unfortuantely the statement attributed to SAP Sales "... not getting any further R&D ..." is INCORRECT. In fact that statement is in direct conflict with the last sentence where it says a "majority of the new development", which is correct as the remainer of the innovation is with the on-premise procurement applications. SRM (and other on-premise procurement applications) still has innovation and will continue to be innovated on. The SAP Strategy is Cloud First, but we will still do customer-driven innovation on our on-premise products.
I hope that this clears this up,
- Jason