India among top 10 revenue generators: SAP

Business software provider SAP today announced that SAP India has emerged as the fastest growing subsidiary for the company worldwide following a record-breaking performance in 2007.

Though the company did not reveal the contribution of India towards overall earnings, Ranjan Das, president & CEO (Indian Subcontinent), SAP, said the region was among the 'top 10' revenue generators.

"The Indian subcontinent has leapfrogged several places to enter the top 10, which includes other regions like the US, Germany and Japan," he added.

He said the company witnessed unprecedented growth of 100% both in terms of license revenue and customer base. "This performance is the best-ever for the company since the inception of Indian operations in 1996. The number of customers has more than doubled from 1,350 in December 2006 to 3,024 in December 2007," he said.

India is the third largest subsidiary for SAP in terms of employees (4,835). In 2006, the company had announced that it would be investing $1 billion in India till 2010.

"At present, the investment is being made at various levels. We expect this growth momentum to continue this year. We will focus on public sector, retail, banking and financial sectors, government utilities and energy companies for growth," Das added.