SAP's India arm eyes more patents, jobs amid artificial intelligence push

The company, which looks to double its AI talent base by 2024, expects "3,000 new joinees to enter the organisation every year", Gangadharan said

SAP
Photo: Bloomberg
Reuters Bengaluru
2 min read Last Updated : Sep 15 2023 | 10:19 AM IST

SAP SE's Indian arm hopes to double its share of the German software giant's patents and add 3,000 jobs per year as it bets bigger on artificial intelligence, a top executive told Reuters on Thursday.

SAP Labs India Managing Director Sindhu Gangadharan hopes the Indian unit will scale up its share of global SAP patents to 50% from 25% currently, she said in an interview on the sidelines of an event in Bengaluru.

The company, which looks to double its AI talent base by 2024, expects "3,000 new joinees to enter the organisation every year", Gangadharan said, in a bid to quell fears that the rise of the emerging technology could hurt job growth.

SAP Labs India, which employs over 15,000 people, aims to embed generative AI across its products to cater better to the changing needs of its clients ranging from Thermax to Dabur India.

"Through AI, India can solidify its IT supremacy," Gangadharan had said in the event, earlier in the day.

The comments come as SAP looks to "double down" on investments in India, its fastest growing region and home to 40% of its global Research and Development (R&D) activity.

From banks to big tech, companies across the world have advanced on investments in AI following the massive success of ChatGPT, a generative AI chatbot by Microsoft-backed OpenAI.

Gangadharan, while referring to the regulation of AI, said there should be a "great amount of responsibility barriers with flexibility to the end-user".

Her comments come after ChatGPT creator Sam Altman called for self-regulation in June as governments across the world race to regulate the use of AI tools.

(Reporting by Hritam Mukherjee and Navamya Ganesh Acharya in Bengaluru; Editing by Dhanya Skariachan and Josie Kao)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

Topics :Artificial intelligenceSAPjobs

First Published: Sep 15 2023 | 10:19 AM IST

Next Story