Dec 4: SAP is gearing up to set up a new huge campus in Bengaluru. With the new campus to be established near the International airport, the company’s R&D presence in the city is expected to increase drastically.
Reports quoting Bernd Leukert, SAP executive board member in charge of products & innovation, said that the campus will be spread across 40 acres, which is double that of the one in Whitefield. Construction work will begin post approval from the government.
The new campus is expected to be a testimonial to the people here and to how they have contributed to their overall success of SAP. SAP has an employee count of 11,000 of which, 7,500 are in the R&D department. This makes it German software company’s second largest R&D center in the world. The new plant is expected to strengthen India’s role in the global growth of the company.
The company is set to triple its market capitalization and the company states that India is a prominent market which can contribute to the company’s growth.
The company has also said that it concentrates on lateral hiring, and that in the past few years, around 50% of the employees hired by the company were from college campuses. This gives the company a set of young and tech-savvy employees. The company is also looking for BE and BTech pass outs. But the company’s main focus is on hiring people with industry knowledge.
Earlier, the India center was customized for the domestic market. Later on, it became part of the global growth. From 2011-12 it began moving entire responsibilities.