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SAP Invests INR 500 Crore (€55M) to Accelerate its Multi-Cloud Strategy in India - SAP SE announced it would invest INR 500 crore (€55 million) in India to localize and offer customers a multi-cloud choice - SAP.com
SAP Invests INR 500 Crore (€55M) to Accelerate its Multi-Cloud Strategy in India

 

NewswireToday - /newswire/ - Walldorf, Rhein-Neckar-Kreis, Germany, 2021/01/08 - SAP SE announced it would invest INR 500 crore (€55 million) in India to localize and offer customers a multi-cloud choice - SAP.com. NYSE: SAP

   
 
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Underscoring its commitment to India, 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.”

With one of the largest and most diverse business-to-business cloud portfolios, SAP India is a leading cloud company that is aggressively working toward addressing local customer demands. SAP further fortified its commitment to enterprises with the benefits of integrated cloud technologies to deliver the greatest flexibility and be data compliant under the upcoming Personal Data Protection Bill.

“Today, customers are seeking scalability, faster deployment, data compliancy and cost-effective solutions to enable innovation and achieve prompt business outcomes,” said Kulmeet Bawa, SAP Indian subcontinent president and managing director. “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,” he added.

Customers are looking to move at an accelerated speed to the cloud for greater resiliency. With state-of-the-art technology and deep market expertise, SAP is prepared to respond to local market requirements and help enterprises harness their data faster to become future ready.

Media Contact: Kajri Mathur, Genesis BCW
P: +91 70 45733698 - E: kajri.mathur[.]genesis-bcw.com, IST

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act/ of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2021 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see sap.com/copyright for additional trademark information and notices.

 
 
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SAP Invests INR 500 Crore (€55M) to Accelerate its Multi-Cloud Strategy in India

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