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.
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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.