|
|
While every other company is going for layoffs as part of cost-cutting blitz, SAP AG is planning to increase its manpower in India and China. According to a report, , the world's biggest business software developer SAP is open to acquisitions in Asia and also planning to hire more people in Indian and Chinese markets.
Stephen Watts, a senior executive in SAP has stated that the increase in hiring has come in wake of SAP’s business expansion plans in fast-growing Asia.
Further he added that the company is certainly open to acquisitions which can bring incremental innovation to customers. Presently, SAP has staff strength of 5,500 and 2,600 in India and China respectively.
As informed by sources, last month SAP reported a jump in third-quarter sales and profit, alleviating fears of a slowdown in technology spending. In Q3, SAP's revenue in Asia-Pacific and Japan accounted to 525 million euros, contributing about 15 percent to the company's total revenues.
Reliable sources cited, SAP is intended to add workforce by about 7 per cent in India and China, recruiting as many as 600 people in coming quarters. ITVoir NewsDesk |
Tags: SAP hiring in India, SAP hiring in China,SAP is open to acquisitions , SAP has reported a jump in third-quarter | | |
|
|
| Infosys Limited, an Indian multinational provider of business consulting, technology, engineering, and outsourcing services has collaborated with SAP, a German multinational software corporation to de...
| SapphireIMS, one of the leading providers of end-to-end IT Service Management solution, has recorded 90% CAGR and looks forward to maintain the same in the current financial year. Major businesses hav...
| Putting an end to all the rumors about the acquisition of WhatsApp, the company in an official statement said that they were not under any discussion to sell itself to Google. Business developmen...
|
|
|
|
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Older>> | At a presentation at its headquarters in Redmond Wash, Microsoft revealed the Xbox One, its next generation entertainment console, as per given sources. Microsoft’s president of interactive...
| The largest ever quarterly fall in key organic service revenue is posted by Vodafone prompting it to keep hold of a 2.1 billion pound dividend from its US arm rather than return it to shareholders.&nb...
| To make the iPhone more affordable to the Indian customers, Apple is now offering a range of schemes like trade-in discounts, subsidies for students and a credit card rebate with American Express. | Aspect Software, a global provider of customer contact, enterprise workforce optimization and back office solutions announced Tech Mahindra, a leading provider of solutions and services to the telecom...
| A major science award has been given to 18 year old Eesha Khare, for developing a tiny device that can recharge cell phone batteries in less than a minute. Khare travelled to Phoenix last week fo...
| The overall PC shipments for Q1 of 2013 have reached 2.71 million units, which roughly show a rise of 3 percent from the Q1 of 2012, as per sources. Kiran Kumar, Research Manager, IDC India has s...
| As per sources, 4G services, that enables users to access internet more than 50 times faster than the current 3G network, would be launched in Shanghai in the June, when the China Mobile company begin...
| Nokia, the Finnish telecommunication giant, a well-known company worldwide has reportedly slipped to 10th position in the Smartphone market. Nokia was undeniably the market leader in the mobile phone...
| HP, an American multinational information technology corporation has launched its two hybrid tablet notebooks: Android powered HP SlateBook x2 and the Windows 8-based HP Split x2. The HP Split x2 and...
| Sources have reported that soon, Yahoo would be buying the famous blogging and social networking site Tumblr for $1.1 billion in cash. This acquisition deal would me Marissa Mayer’s largest...
|
| | Top | |
|
Information provided on this page has been independently obtained from sources believed to be reliable. However, such information may include inaccuracies, errors or omissions.ITVoir.com, and its affiliates, information providers or content providers, shall have no liability to you or third parties for the accuracy, completeness, timeliness or correct sequencing of information available on this page, or for any decision made or action taken by you in reliance upon such information, or for the delay or interruption of such information. ITVoir.com,its affiliates, information providers and content providers shall have no liability for investment decisions or other actions taken or made by you based on the information provided. |
|