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Event
SAP Summit ‘07
The fourth edition of SAP’s summit had around 150 presentations in various
tracks. The aim of this three day annual business and technology forum was to
bring together thousands of attendees including customers, partners, industry
experts, media and analysts and it highlighted responsiveness to change as critical
to the continued growth and success of Indian business.
In addition SAP also released new data showing continued
customer wins across categories in India, including the signing on of its thousandth
SME customer in the country- Subhiksha Retail.
Alan Sedghi, Geraldine McBride and Jim Hagemann Snabe at the SAP Summit
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Alan Sedghi, President and CEO, SAP Indian Subcontinent says,
“Last year India had a trillion dollar economy and by 2025 it would have
23 million high brokerage properties and hence opportunities for Indian businesses
today are boundless both globally and domestically.
On SAP’s adoption among SMEs he said, “Today’s
SMEs are tomorrow’s enterprises. The retail industry is getting organised
in India and hence is a strategic business for us, recently we have closed a
dozen deals and we want to be in every retail entity in India. SMEs need solutions
that have time-to-value, quick and easy user adoption, high flexibility and
lower TCO.”
SAP India
- Every year doubling its customer base, from 500 plus employees in
2002 to 4,000 in 2006
- 35 percent growth in revenue (three year CAGR)
- 54 percent ERP market share
- 30 percent SME market share
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According to Geraldine McBride, President and CEO, SAP Asia
Pacific Japan, India is the growth engine for SAP as India spends more on IT
than any other country although the GDP of China is more than India but Indian
CEOs knows how to use technology better than their counterparts in other countries.
“We consider US as an early indicator of success and
hence we need to do good business there. India is a strategic heart for SAP
global and hence we want to be a trusted partner here,” said Jim Hagemann
Snabe, Corporate Officer, SAP AG.
He added, “We would create IP in India and globally, plan to acquire small
companies having a turnover of about $10 million, a workforce of around 30 to
200 people and 10 to 100 customers.
SAP achieved a record breaking number of new wins in 2007 with almost 400 Indian
enterprises choosing SAP as their preferred business software solution, translating
to the addition of more than two new customers per work day in 2007.
| Employees |
8,000 plus |
| Investments |
More than a
billion dollars in investments over five years (excluding acquisitions) |
| Customers |
15,000 of which 12,000 are SMEs |
| SME revenue |
50 percent |
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