SAP SE to invest Rs 500 cr in India By Elets News Network - 07 January 2021

SAP SE to invest Rs 500 cr in India

SAP SE is all set to invest Rs 500 crore in India to localise and offer customers a multi-cloud choice. With the investment, the firm will make available its multiple cloud solutions in India data centres.

“SAP’s commitment to support India’s growth vision remains a top priority, and we are determined to achieve this with deeper collaboration with our customers, ecosystem and the government,” said Scott Russell, President, SAP Asia Pacific Japan.

With one of the largest and most diverse business-to- business cloud portfolios, SAP India is a leading cloud company that is aggressively working toward addressing local customer demands, the statement said.

“SAP further fortified its commitment to enterprises with the benefits of integrated cloud technologies to deliver the greatest flexibility and be data compliant under the upcoming Personal Data Protection Bill,” it said.

Also Read: SAP India Facilitating India’s Digital Growth: Krishnan Chatterjee

“Today, customers are seeking scalability, faster deployment, data compliancy and cost-effective solutions to enable innovation and achieve prompt business outcomes,” said Kulmeet Bawa, SAP Indian Subcontinent President and Managing Director.

SAP intends to advance the vision of Aatmanirbhar Bharat (self-reliant India) by leveraging an agile and scalable cloud technology that is co-developed in India and now made available in local data centres to help Indian enterprises recalibrate their businesses to run better,” he added.

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