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SAP Targets 15000 Customers in India by 2010

Filed in archive Enterprise Software by prashanth on March 04, 2007

SAP Targets 15000 Customers in India by 2010

Economictimes covers SAP's plans for India:

After seeing a record year in 2006, SAP India is now targeting to touch the 15,000 customer mark in the country by 2010. Alan Sedghi, president & CEO, SAP Indian Sub Continent, said, "India will be an integral part of SAP's emerging market growth globally. We want to have a dominant presence in both the Fortune 2,000 and Fortune 2,00,000 company categories in the country and have set an ambitious target of having a 15,0000-strong customer base in the next four years."

Currently with about 1,400 customers, SAP India accounts for about 3% of SAP Global's customer base. By 2010, SAP Global has set a target of reaching 1.5 lakh customers, so a 15,000 figure will mean that India will account for 10% of the total customer base for the company, said Mr Sedghi.

The enterprise software solutions vendor ended 2006 with about 1,400 customers in India across large, mid and small enterprises. This included 883 SME customers and an addition of 498 new customers across sectors like consumer products, retail, BFSI, professional services and pharma.

According to the CEO, SAP India grew 40% in revenues in 2006 over the previous year with about 35% of the software revenues coming from SMEs.
For 2007, SAP India is aiming to triple its new customer base to 1,500. And with about 60% of the new client base coming from the SME sector, the vendor wants to consolidate in this space this year too.

Source:1

Prashanth Rai







Permalink: SAP Targets 15000 Customers in India by 2010
Tags: sap  india  ERP  2007  software  customers+india  india+2010  targets+15000 

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