Financial Daily from THE HINDU group of publications
Tuesday, Jul 01, 2003
Financial Daily from THE HINDU group of publications Tuesday, Jul 01, 2003 |
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Software Info-Tech - Human Resources SAP plans to double staff over 3 years Our Bureau
Mr Henning Kagermann, Chairman and CEO, SAP AG (right), and Mr Clas Neumann, Joint Managing Director, SAP Labs India, at a press conference in Bangalore on Monday.
BANGALORE, June 30 BUSINESS software maker SAP AG plans to double the number of employees in India over next three years from the current level of close to 1,000, the Chairman and Chief Executive Officer, Dr Henning Kagermann, has said. Such hiring efforts could be "strategic" to SAP's global growth, he added. Addressing newspersons here on Monday, he said the company was investing 20 million euros to set up a new software development centre in Bangalore, which could house 750 software professionals in the first phase. The new facility could further accommodate 1,100 professionals in the second phase. For SAP's business, "India is the hub for Asia," Dr Kagermann said, adding that the company was "re-thinking its strategies for shared services" and "India was a candidate." India could well become the "hub for global support," going forward, Dr Kagermann added. ``India is one of the key areas for sales and marketing, besides development. It is also a strategic place to locate the services to run our operations,'' Dr Kagermann said. SAP, which has over 400 customers in the country, develops software applications for over 17 of the 23 verticals it caters. SAP had a 59.6 per cent market share in Enterprise Resource Planning (ERP) business in the country, and 28.7 per cent market share in CRM segment, Dr Kagermann said citing a TDC report. Commenting on global business environment, following Oracle's bid to buy-out Peoplesoft, Dr Kagermann said, such a move is not likely to dent SAP's market share.
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