SAP to invest $ 1 bln by 2010

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New Delhi, Nov 21 (UNI) With doubling of its customer base in the country in the large, medium and small enterprises, leading business software firm SAP today said it will invest one billion dollars in India by 2010.

''This has been an outstanding quarter for SAP in India and we more than doubled revenues across both large enterprises and small and medium enterprises,'' said SAP President (Indian sub-continent) and CEO Ranjan Das.

India is the third largest susidiary for SAP in terms of employment and its education has grown at 50 per cent plus with 29 operational e-learning centers.

The company has added the highest number of customers in this quater.

''The fact that we have doubled our customer base in the last nine months, showcases rapid adoption of technology platforms to achieve operational excellence and business agility and leverage global industry best-practices by indian businesses,'' said Mr Das.

Between 1996 to 2005, SAP India's customer base grew to 1,000, while the same doubled over 2006-07 to 2,000. The figure has already touched 2,700 in the third quarter.

SAP solutions are being adopted by leading infrastructure companies and enterprises like Tata Motors, Voltas Ltd, ITC Paper Boards and DCM Siyaram.

Now in its 11th year of operations in the country, SAP is witnessing the 'Third Wave''of it adoption among indian businesses.

Most of these businesses are part of extended value chains of larger corporates including their dealers, traders suppliers and even large customers.

''Standarising on SAP Business One as a common solution for all our partners will enable us to form a seamless chain with our partners and execute future growth plans,'' said Infodart Technologies India Ltd Director Pawan Kalra.

UNI

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