SAP Invests €55M to Accelerate Its Cloud Strategy in India

sap 55m investment india

SAP has announced an investment plan of €55M (INR 500 crore) in India to accelerate its cloud strategy in the country. The software corporation will look to localize and offer customers a multi-cloud choice. SAP will make available its multiple cloud solutions in India data centers.

“SAP’s commitment to support India’s growth vision remains a top priority, and we are determined to achieve this with deeper collaboration with our customers, ecosystem and the government,” said Scott Russell, president, SAP Asia Pacific Japan. “Our investment in India is toward accelerating the nation’s digital agenda and our customers’ transformation in the cloud.”

India is a good market for SAP, and its better presence in the country will help the company address local customer demands. The company has also given a commitment to its enterprise customers in the country of offering the benefits of integrated cloud technologies to deliver the greatest flexibility and be data compliant under the upcoming Personal Data Protection Bill in India.

KulmeetBawa, SAP Indian subcontinent president and managing director said: “SAP intends to advance the vision of Atmanirbhar Bharat [self-reliant India] by leveraging an agile and scalable cloud technology that is co-developed in India and now made available in local data centers to help Indian enterprises recalibrate their businesses to run better.”