SAP, a global business software company, expects high growth in India in the next 4-5 years with more local companies, including small and medium enterprises, opting for IT solutions.
SAP, a business software solutions provider, will invest $1 billion (nearly Rs 4,500 crore) in India in the next five years and plans to increase headcount to 3,500 this year, its CEO Henning Kedarmann said on Monday.
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.
"India has been the fastest growing country within SAP worldwide in 2007. We have doubled our revenues and customer base compared to last year. For the first quarter of 2008, SAP India registered a growth of 67 per cent in software license revenue," Bill McDermott, president and CEO, SAP Americas and Asia Pacific Japan states said without specifying a fresh investment target.
Saud Shakeel missed out on a hundred but Salman Agha smashed a brisk 79 not out to propel Pakistan to a commanding 515 for eight at tea on the second day of the contest on Tuesday.
It hopes a significant part of its growth in India would come from the government sector, with the thrust on e-governance initiatives.
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 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.
German software giant SAP AG will invest 20 million euro for expansion of its India development centre in Bangalore.
Two-time world champion Nikhat Zareen powered into the women's 50kg Olympics pre-quarterfinals with a tenacious victory over Germany's Maxi Carina Kloetzer in Paris on Sunday.
The company's buy of Concur will strengthen its position in cloud computing
Leading business software solutions provider SAP on Monday said it plans to double its headcount in India to 4,000 by 2006.
US-based MyITgroup on Monday opened its India offshore delivery centre with initial plans to hire over 500 SAP experts and said it will tap the huge base of SAP ERP installations in the country.
German software giant SAP plans to double its headcount in India to 1,500 next year, a senior company executive said on Tuesday.
A US Open full of upsets and hungry, young contenders offered the latest sign that men's tennis has entered a new era
Enthused by the success of its India operations, Germany-based business software provider SAP on Wednesday said it would raise its head count to 7,000 in the next two years in the country from 4,790 at present.
'We are just waiting for the right script.'
Business software solutions provider SAP India has said it plans to double its headcount to 7,000 and increase its customer base to 15,000 by 2010.
A spectacular aerial display showcasing the prowess and manoeuvrability of the Indian Air Force (IAF) aircraft over the iconic Marina sky captivated the hearts of Chennaiites who turned up in thousands on a sultry Sunday and witnessed the IAF's range of new aircraft including Rafale, roar in action.
Their vehicle overturned at Dudhia, about 20 km from Siliguri.
With India's two leading IT outsourcing companies, Infosys and HCL Technologies, vying to acquire the UK-based consulting firm Axon, SAP implementation is back in focus.
Indian Davis Cupper Rohan Bopanna and his partner Jeff Coetzee crashed out of the $531,100 ATP SAP Open after suffering a straight-set defeat in the first round in San Jose.
IMAGES from the UEFA Champions League matches played on Wednesday
rediffGURU R P Yadav offers career advice on how you can improve your core skills and make the most of your talent at the workplace.
However, Arundhati Choudhary bowed out in the opening round of the women's 66kg event.
Bangalore-based information technology company Mphasis BFL Ltd will acquire Onida Infotech Services, a division of MIRC Electronics Ltd, for Rs 3 crore in an all cash deal.
When Uma Rani started her career, she was the only woman deputed in the factory of an automobile company in Chennai. Having grown to be part of the global executive team at multinational organisation SAP, she shares her success secrets with young professionals.
The writing has been on the wall for some time. Exodus of senior leadership and growth behind its peers are reasons that have prompted Thierry Delaporte, the chief executive officer (CEO) of Wipro to resign, analysts said. Delaporte, Wipro's seventh CEO, also resigned without completing his five-year term, like his predecessor Abidali Neemuchwala decided to end his tenure prematurely in 2020. Phil Fersht, HFS Research CEO and chief analyst believes the change in leadership was at least six months overdue.
World Championships silver medallist Amit Panghal qualified for the Paris Olympic after defeating China's Chuang Liu in the 51kg quarter-finals of the second World Qualification Tournament in Bangkok on Sunday.
'The nation cannot afford a government indifferent to its plight/'
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