SAP Aims For Double-Digit Growth This Fiscal


MUMBAI: Enterprise solutions provider SAP said it expects to achieve double-digit growth in business here during the current fiscal. “We have already witnessed a triple-digit or more than 100 percent growth in business here in 2013, but we may clock a double-digit growth during the current year due to the increased base,” SAP India vice-president Rajamani Srinivasan said.

While 74 percent of our customers here come from SAP’s ERP-installed base, the remaining ones are from non-SAP ERP bases, he said after unveiling the company’s cloud strategy. “With a well-defined cloud roadmap and customer-first focus approach, SAP is empowering customers to leverage and extend their existing investments with the flexibility of deployment choices,” he added.

After already having acquired five firms globally during past couple of years, SAP is again on the hunt for fresh acquisitions so as to fuel its business growth. “We are open to fresh acquisitions, but I can’t disclose anything further at the moment,” said SAP Asia Pacific & Japan senior vice-president for cloud business John Ruthven.

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Source: PTI