Despite the general economic slowdown, SAP India, the local arm of the German software giant, plans to double its employee strength in India over the next 12 months.
SAP India has an employee strength of around 520 and plans to increase this number to about 1000 within the next year, Zia Yusuf, managing director, SAPMarkets Asia Pacific Solutions said.
The company operates out of five centres in the country: Mumbai, Delhi, Bangalore , Calcutta and Pune. It has plans to increase its presence in India to cater to the growing market for their products and services.
Also Read
In continuing with this focus, the wholly owned subsidiary of SAP AG, SAPMarkets was officially launched in India on Tuesday. SAPMarkets provides exchange-based solutions for private as well as public exchanges.
The company plans to use India based consulting resources more to leverage their current IT investments. It is of the view that India based consultants could be used to service the company's requirements in the Asia - Pacific region due to the various competitive advantages that India offered.
On strengthening its base in India, SAP Markets said the company needed to accelerate its engagement with its customers and wanted to understand how best SAP could evolve solutions which would be workable here.
"There seems to be a significant level of interest among customers over here. Due to global competitive pressures, Indian companies will have to become competitive and SAP and SAPMarkets will provide solutions to companies which will help make their business models more competitive," Zia said.
SAP is a leading e-business applications provider with more than 13,000 customers and 30,000 installations worldwide. SAPMarkets, the subsidiary of SAP AG enables more than 1,100 companies worldwide to use the Internet in businesses and delivers solutions that automate business processes.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
