German software major SAP AG said on Tuesday that it would invest euro 20 million in expanding its facility in Bangalore and that it planned to increase the workforce to 3,000 by 2006.
Vishal Sikka is equally comfortable designing cutting-edge software as he is negotiating in the boardroom.
Quits as SAP board member; had made presentations before Infy board in January.
Sikka will take over from current Chief Executive SD Shibulal, one of the engineers who founded Infosys, on August 1.
The CVC had asked the CBI to probe the 'irregularities in the tendering process and award of contract and undue benefit caused to the SAP/IBM'.
Tech Manhindra, the parent company, expects to complete merging Satyam with itself in March.
Chief Operating Officer UB Pravin Rao said the company will be back to historic performance levels in a couple of years.
India is of major strategic importance to SAP as it is a vibrant market with a sound technology development and services-support delivery. This visit is also to reaffirm their commitment to the Indian sub-continent, a company official said.
The entrepreneur is endlessly curious. He will not give you copybook answers. He is in constant search of all the things he can do better than others, says Bill McDermott.
Global enterprise software major SAP AG has set an ambitious target to enroll 100,000 customers in India by 2010 by aggressively focusing on the emerging as well and small and medium-sized firms.
The Siebel acquisition, expected to close early 2006, affects about 4,000 customers.
German software giant SAP AG will invest 20 million euro for expansion of its India development centre in Bangalore.
Leading business software solutions provider SAP on Monday said it plans to double its headcount in India to 4,000 by 2006.
SAP, a global leader in business software solutions, has announced that it will more than double its development team in India to 3,000 from 1,300, by the end of 2006.
The company plans to raise $1 billion with a private placement of convertible debentures.
In the past two years, Sikka has brought in new measures by putting project managers to pitch how they cut time, saved costs and improved productivity
Infosys has tried to bring stability to the troubled company, which was struggling to maintain its growth momentum in the changing dynamics of technology industry.
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