The local boss of software giant SAP says he is unconcerned about the company's local growth dipping to just 2 per cent last year, blaming the sluggish numbers on its transition to cloud-based revenues.

Damien Bueno, SAP Australia and New Zealand managing director, said the Australian division of the 48-year-old German company was also expecting a tougher 2020 because of clients tightening their belts in the COVID-19 downturn.