You are on page 1of 3

LATEST TECH NEWS:

SAP to skill & reskill 15 lakh SAP


consultants over next 3 years
SAP will skill, reskill and upskill 15 lakh SAP consultants in the next three years as
it looks to target small enterprises to grow its business in IndiaMegha Mandavia | ET
Bureau | April 10, 2019, 09:00 IST
Share

Currently, an estimated two lakh SAP consultants thrive within SAP India
partner ecosystem, which contributes approximately $8 billion in revenues.
SAP, Europe's largest technology company, will skill, reskill and upskill 15
lakh SAP consultants in the next three years as it looks to target small
enterprises to grow its business in India. At present, 80% of SAP's 8,600
clients in India are small and medium scale enterprises (SMEs).

“We are known as a company which helps large enterprises. But the 51
million SMEs is the potential marketplace we want to address,“ said
Scott Russell, president at SAP for Asia Pacific and Japan.

He said many SMEs don't use any underlying technology to run their
businesses due to lack of knowledge, access, financial inhibitions and often
lack of understanding of how to use digital technologies.

SAP said with the rollout of Goods and Service Tax and
the government's Digital India policy, Indian SMEs will have to scale up
their technology infrastructure. “It will therefore give rise to an industry-wide
requirement of digital experts who will have the capability to enable
enterprises make the transition to a digital platform. SAP understands the
urgency to fulfil this necessity,“ it said.

The Germany-based company, which is a market leader in enterprise


application software, is transforming itself into a cloud-based service company
from being a company dependent on costly upfront installations and licence
fees. SAP's Russell said that if India wants to truly become a digital economy
then all companies --big or small --need to participate.

SAP India has started various initiatives and launched new programmes
through its partner ecosystem.

In June, SAP partnered with the Ministry of Micro, Small and Medium
Enterprises (MSME) to jointly launch Bharat ERP, a programme aimed at
digital empowerment of small businesses in the country.

The initiative aims to digitally enable nearly 30,000 MSMEs and youth in
the next three years. It will also provide MSMEs with access to
technology from SAP to help them streamline and integrate key
processes like financials, sales and inventory with a single business
software.
TOP ACCOUNTING SOFTWARE USING WORLDWIDE - 2019

You might also like