Germany's SAP to 'over proportionally' hire in India, CEO says


FILE PHOTO: Figurines with computers and smartphones are seen in front of SAP logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

BENGALURU (Reuters) - Business software maker SAP will hire "over proportionally" in India, which will soon house its biggest workforce, overtaking the headcount in its German headquarters, CEO Christian Klein said on Wednesday.

SAP Labs India currently has 15,000 employees, the most number of engineers for the company worldwide and the second-highest overall headcount. India is among SAP's top 10 markets by revenue and its fastest-growing one, Klein said.

"We will over proportionally hire here [India] versus all the other labs," Klein, who was in the southern Indian city of Bengaluru along with the company's executive and supervisory boards, told reporters.

Klein said a majority of future investments into research and development (R&D) and customer success will go to India, but did not divulge specifics on hiring numbers or time lines.

SAP is building a second office in Bengaluru, with an additional capacity of 15,000 people.

Klein said SAP's main team for its artificial intelligence (AI) strategy is located in India, with more leaders heading development teams based out of the country.

Addressing concerns regarding job losses due to generative AI (GenAI), Klein said SAP will continue to hire as long as the business is growing.

"As your business is growing 30% each year, you will also need more developers, not proportionally, under proportionally, but we have a growing business."

(Reporting by Haripriya Suresh in Bengaluru; Editing by Savio D'Souza)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Navigation nightmare as Waze displays interface in foreign languages
Super Micro slumps as weak forecast, annual report uncertainty fuel investor worries
US Supreme Court to hear Facebook bid to escape securities fraud suit
United States renews calls for Italy to scrap its web tax, sources say
Self-driving cars aren’t here yet, but US states are getting the rules ready
Single and looking for love in Terengganu? The state govt is working on a dating app just for you
A game designer who wants to see ideas he’ll hate
Company aims to offer 30-minute luxury tours in passenger drones high above Hong Kong
Nintendo’s next console will play current Switch games
Nintendo chief insists the Switch momentum will keep going, even after its successor

Others Also Read