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SAP to develop web-based application product

BANGALORE: SAP Labs India will work on developing a web-based application product in the coming months as part of its strategy to grow further in this market from 24.6 per cent share now, SAP AG Chief Executive Officer and Chairman of the Executive Board, Henning Kagermann, said here on Thursday.

Speaking to reporters after inaugurating SAP’s 3.50 lakh sq. ft. facility to eventually seat 2,000 employees, he said, “it will be a global product, partly developed in India, meeting the needs of medium and small sized businesses in this region.”

SAP would expand its partnership with Indian institutions such as the International Institute of Information Technology (IIIT), Bangalore, and BITS-Pilani, selecting engineering students to obtain a Masters’ degree while working part time with SAP Labs, he said. While a skills shortage was felt in India, the growing salary hikes were no longer a serious concern as the Euro was doing better against the Indian rupee now, he added. “We are not in any hurry to increase our head count and will continue to take only the top 15 per cent of engineering graduates,” he explained.

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