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.
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.
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.
German software giant SAP AG will invest 20 million euro for expansion of its India development centre in Bangalore.
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.
Leading business software solutions provider SAP on Monday said it plans to double its headcount in India to 4,000 by 2006.
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.
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'.
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.
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.
The Siebel acquisition, expected to close early 2006, affects about 4,000 customers.
The all-cash deal is expected to close in the March 2016 quarter.
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.
Infosys on Tuesday said it has formed a long-term partnership with Daimler AG for a technology-driven IT infrastructure transformation. After the receipt of all regulatory approvals, Daimler AG will transform its IT operating model and infrastructure landscape across workplace services, service desk, data centre, networks and SAP Basis together with Infosys, a statement said. "As a part of this partnership, automotive IT infrastructure experts based out of Germany, wider Europe, the US and the APAC region will transition from Daimler AG to Infosys," it added. The companies, however, did not disclose the number of people who will transition as part of the deal.
Frenchman Romain Bardet timed his final effort perfectly to win the 12th stage of the Tour de France on Thursday, setting up a thrilling second half of the three-week race as defending champion Chris Froome showed a rare sign of weakness.
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