Nifty99000 100%

Sensex99000 100%

Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
Article rating: No rating
RSS

News

SAP India to prepare 1.5mn digitally skilled workforce by 2020

Author: IANS/Wednesday, August 9, 2017/Categories: IT & ITeS

SAP India to prepare 1.5mn digitally skilled workforce by 2020

By Sourabh Kulesh

Mumbai, Aug 9 - Reiterating the commitment to make its customers and partners digitally efficient to help them achieve global competitiveness, software major SAP India on August 9 announced it will skill, reskill and upskill 1.5 million SAP consultants within the next three years.

"The Indian economy is growing and the way customers are adapting and adopting the technology is changing with it. There is a massive boom in e-payments and e-commerce," Anthony McMahon, Senior Vice President, General Business (SME) and Channels, SAP Asia Pacific Japan, said at the annual 'Partner Summit 2017'.

"Our aim is to bring in an influx of skilled consultants to increase the capabilities of our partners and customers and grow the ecosystem of experts," he added.

According to the company, after the Goods and Services Tax (GST) roll-out and 'Digital India' initiative, the over 51-million small-and-medium enterprises (SMEs) in the country will have to scale up their technology infrastructure.

To enable transition to a digital platform, enterprises will require experts and SAP, with its programmes and initiatives, will provide expertise to fulfil this digital gap, the company said.

Currently, an estimated two lakh SAP consultants thrive within SAP India partner ecosystem, which contributes approximately $8 billion in revenues.

Over 320 Indian universities and education institutes are members of SAP university alliance programme, under which more than three million students have been introduced to SAP technologies.

On a question of the problems faced by SAP India in imparting digital expertise to its customers, McMahon said: "We spent a lot of time in educating our partners about the technology and functional capability of the solutions. We also needed to have a business conversation to bring out transformation for the customers. We realised that we had to make this change."

SAP India also launched 'Partner Packaging Factory', an industry-first online initiative that aggregates end-to-end SAP packages developed by partners.

"SAP 'Partner Packaging Factory' opens up an exciting new customer engagement opportunity for our partners," McMahon added.

Earlier this year, Deb Deep Sengupta, President and Managing Director, SAP Indian Subcontinent, said that to become digital, MSMEs need to adopt strong tech-enabled business models and processes to make them more efficient and achieve global competitiveness.

To help MSMEs transform digitally, SAP India has signed an MoU with the Ministry of MSME to launch "Bharat ERP" programme to empower 30,000 MSMEs and youth in three years.

In this programme, MSMEs are already receiving training and enablement courses on SAP 'Business One' solution -- an all-in-one enterprise resource planning (ERP) solution.

MSMEs are utilising cutting edge, next-generation technology from SAP to streamline and integrate key processes such as financials, sales, inventory and more -- with a single business software.

The SME sector is the fastest growth driver for SAP globally. From over 8,800 SAP customers in the subcontinent, over 6,700 companies are SMEs.

Started in 1996, SAP India with over 11,000 employees is the second-largest subsidiary and one of the fastest-growing companies within SAP worldwide.

SAP has more than 600 partners in various geographies, including Global Service Partners like Wipro, TCS, HCL, Infosys, Tech Mahindra and Larson and Toubro.

"SAP India's aim is to accelerate India's digital plan of enabling 60 million citizens on digital technologies by 2019," Sengupta noted.

SAP India had also launched 'GST in a Box' and 'Digital Compliance Service for GST -- a Cloud-based online application which will leverage artificial intelligence and machine learning to help businesses become digitally sound.

Print Rate this article:
No rating

Number of views (233)/Comments (0)

S Vijaykrishnan
S Vijaykrishnan

IANS

Other posts by IANS
Contact author

Leave a comment

Name:
Email:
Comment:
Add comment

Name:
Email:
Subject:
Message:
x

Videos

Ask the Finapolis.

I'm not a robot
 
Dharmendra Satpathy
Col. Sanjeev Govila (retd)
Hum Fauji Investments
 
The Finapolis' expert answers your queries on investments, taxation and personal finance. Want advice? Submit your Question above
Want to Invest
 
 

Categories

Disclaimer

The technical studies / analysis discussed here can be at odds with our fundamental views / analysis. The information and views presented in this report are prepared by Karvy Consultants Limited. The information contained herein is based on our analysis and upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. The investments discussed or recommended in this report may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and using such independent advice, as they believe necessary. While acting upon any information or analysis mentioned in this report, investors may please note that neither Karvy nor Karvy Consultants nor any person connected with any associate companies of Karvy accepts any liability arising from the use of this information and views mentioned in this document. The author, directors and other employees of Karvy and its affiliates may hold long or short positions in the above mentioned companies from time to time. Every employee of Karvy and its associate companies is required to disclose his/her individual stock holdings and details of trades, if any, that they undertake. The team rendering corporate analysis and investment recommendations are restricted in purchasing/selling of shares or other securities till such a time this recommendation has either been displayed or has been forwarded to clients of Karvy. All employees are further restricted to place orders only through Karvy Consultants Ltd. This report is intended for a restricted audience and we are not soliciting any action based on it. Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities, or any options, futures or other derivatives related to such securities.

Subscribe For Free

Get the e-paper free