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SAP to invest 20 M Euros in India
BANGALORE: "Its not only about development. A company has to constantly think of strategically locating its various resources and functions to derive optimum performance out of them and India figures big on those considerations," said Kagermann who is visiting India for the first time. He took over the reins of SAP as CEO and chairman barely a month ago.
He also said that India was a key market in Asia for SAP with huge opportunities for future growth. SAP has over 400 customers in India and enjoys around 60% market share in ERP segment in the country.
SAP India has about 1000 employees, including 600 professionals at SAP Labs India. Kagermann also spoke in brief about the software industry, the future of ERP and the companys efforts to work with that future.
"India is a huge source of knowledge and highly skilled peoplethe reason why we are in the process of developing our second largest development community outside Germany," he said.
According to him, India could also become a consulting and customer development hub for Asia. "We presently have around 100 people in the consulting firm and with a possible increase the country could extend its services across the world," Kagermann said.