Business Standard

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Wipro's Q1 net profit declines 21% over acquisitions, talent cost

Despite a below-expectation showing, IT major expects double-digit growth in FY23

Wipro's Q1 net profit declines 21% over acquisitions, talent cost
Updated On : 21 Jul 2022 | 12:42 AM IST

SAP to double investments in India, sees 'major growth': Executive

Indian talent is 'unbelievable', says Thomas Saueressig, who is a member of the German firm's executive board.

SAP to double investments in India, sees 'major growth': Executive
Updated On : 11 Jun 2022 | 1:42 AM IST

Kulmeet Bawa on plan to double India's contribution for SAP India

In a chat with Business Standard's Shivani Shinde, Kulmeet Bawa, President and MD for SAP Indian Subcontinent, talks about the ambitious target to turn its cloud business into a €22 bn revenue unit

Kulmeet Bawa on plan to double India's contribution for SAP India
Updated On : 17 Feb 2022 | 8:30 AM IST

TMS Ep110: Online gaming, Kulmeet Bawa, markets, in-car payment

What's the future of online gaming with stakes? How does Kulmeet Bawa plan to double India's contribution for SAP India? What lies ahead for India Inc amid slowing Q3 earnings? What's in-car payment?

TMS Ep110: Online gaming, Kulmeet Bawa, markets, in-car payment
Updated On : 17 Feb 2022 | 8:00 AM IST

We want to double India's contribution to SAP by 2025: MD Kulmeet Bawa

In a Q&A, Kulmeet Bawa, president and managing director for SAP Indian Subcontinent talks about how the India unit has performed, and its contribution to both top line and innovation

We want to double India's contribution to SAP by 2025: MD Kulmeet Bawa
Updated On : 16 Feb 2022 | 6:05 AM IST

Software group SAP to buy majority stake in US fintech firm Taulia

SAP, which provides some of the supply-chain financing through its Ariba brand, said acquisition of Taulia will help the company remove the limited growth rates for its own products

Software group SAP to buy majority stake in US fintech firm Taulia
Updated On : 27 Jan 2022 | 12:47 PM IST
Updated On : 10 Dec 2021 | 6:45 PM IST

Infosys, SAP tie up to provide Business Process Transformation-as-a-Service

Infosys on Wednesday announced a strategic collaboration with SAP, a market leader in enterprise application software, to provide Business Process Transformation-as-a-Service to enterprises. Through this collaboration, Infosys will leverage business process intelligence (BPI) from SAP to identify opportunities and obstacles in the transformation journey and create a roadmap for clients, Bengaluru-headquartered Infosys said in a statement. Executive Vice President & Global Head of Enterprise Application Services, Infosys, Dinesh Rao, said, As we navigate through Cloud, BPI becomes an essential component of the transformation journey for enterprises". "Given our strong relationship with SAP, we will continue to deliver value and innovative solutions to our clients", he said. General Manager, Business Process Intelligence, SAP, Rouven Morato, said the value of BPI extends beyond IT and actually impacts how businesses operate.

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Updated On : 15 Sep 2021 | 4:56 PM IST

SAP India, Microsoft launch program to skill over 62,000 women in AI, cloud

SAP India and Microsoft on Thursday announced the launch of a joint skilling programme 'TechSaksham' for empowering young women students from underserved communities to build careers in technology.

SAP India, Microsoft launch program to skill over 62,000 women in AI, cloud
Updated On : 12 Aug 2021 | 11:26 PM IST

SAP India bets on internet-led businesses to boost growth in India

SAP is looking at expanding its presence in new segments such as internet-led businesses in India while continuing to bolster its play in sectors like oil and gas, public services and retail

SAP India bets on internet-led businesses to boost growth in India
Updated On : 01 Aug 2021 | 7:38 PM IST

India will be a growth engine for us globally, says SAP's Scott Russell

Russel says in an interview with Shivani Shinde that looking at the Q1 results, last year's bold pivot and the strategy that the company took was right

India will be a growth engine for us globally, says SAP's Scott Russell
Updated On : 30 Apr 2021 | 12:38 AM IST

SAP pitches cloud transformation to coronavirus pandemic-hit customers

Industry experts say SAP's shift to hosting more standardised applications from remote datacenters is key to keeping up with rivals such as Salesforce and Oracle

SAP pitches cloud transformation to coronavirus pandemic-hit customers
Updated On : 28 Jan 2021 | 10:13 PM IST

Software firm SAP forecasts flat 2021 revenue after fourth-quarter recovery

SAP forecast flat revenue and a decline in operating profit in 2021, as it released preliminary annual results that came at the high end of guidance slashed last autumn

Software firm SAP forecasts flat 2021 revenue after fourth-quarter recovery
Updated On : 15 Jan 2021 | 9:09 AM IST

SAP to invest Rs 500 crore to accelerate its multi-cloud strategy in India

SAP announced it would invest Rs 500 crore in India to localise and offer customers a multi-cloud choice

SAP to invest Rs 500 crore to accelerate its multi-cloud strategy in India
Updated On : 07 Jan 2021 | 1:13 PM IST

Data management has become top priority due to Covid: SAP's Kulmeet Bawa

In an interview with Business Standard, Kulmeet Bawa, MD and president for the Indian subcontinent at SAP, says how the German software maker is coping with the new normal

Data management has become top priority due to Covid: SAP's Kulmeet Bawa
Updated On : 28 Nov 2020 | 6:06 AM IST

SAP slips 21%, biggest fall since 1991 as revenue hit by lockdowns

In a test for Christian Klein, who became sole chief executive officer in April, the pandemic will delay SAP's goals for cloud revenue, overall sales and operating profit by one or two years

SAP slips 21%, biggest fall since 1991 as revenue hit by lockdowns
Updated On : 27 Oct 2020 | 1:59 AM IST

Wipro, SAP collaborate to help organisations improve productivity

Wipro announced it has entered into an agreement with enterprise application software provider SAP to offer advanced customer-specific content and training assets and boost productivity.

Wipro, SAP collaborate to help organisations improve productivity
Updated On : 22 Oct 2020 | 9:53 AM IST

SAP appoints Kulmeet Bawa as president, MD of Indian subcontinent

Based in Gurugram, Bawa will report directly to Scott Russell, president of SAP Asia Pacific Japan (APJ), the statement added. He will be replacing Deb Deep Sengupta.

SAP appoints Kulmeet Bawa as president, MD of Indian subcontinent
Updated On : 17 Jul 2020 | 11:46 PM IST

Six months after her appointment, first female SAP co-CEO resigns

Morgan, 48, became the first woman to head a company listed on Frankfurt's blue-chip DAX 30 index when she was appointed co-CEO alongside Christian Klein last October

Six months after her appointment, first female SAP co-CEO resigns
Updated On : 21 Apr 2020 | 2:56 PM IST

HDFC Bank, Mastercard, SAP Concur team up to manage spending in corporates

HDFC Bank will offer a corporate credit card for business travellers, providing a one-stop solution for payment and expense management during business trips

HDFC Bank, Mastercard, SAP Concur team up to manage spending in corporates
Updated On : 18 Feb 2020 | 8:39 PM IST