SAP India posts robust Q3 growth reiterating its position as Partner of Choice in Challenging Times

November 12, 2008 by SAP News 0

Indian Enterprises continue to choose SAP to fuel expansion
Best-Run Now Initiative enables customers to achieve quick ROI

BANGALORE, IndiaWith a solid double digit growth of 46% in Software Revenue (in Non-GAAP constant currency) in the third quarter of 2008, SAP India continues to play its role with SAP Asia Pacific Japan (APJ), the global growth engine for SAP worldwide.
Registering impressive developments across each of its line of businesses including license, consulting, education, and support, SAP India continues to be the partner of choice for both existing and new customers, in the current troubled global scenario.

Indian Enterprises Continue to Invest in Technology to Fuel Growth
Continued strong adoption of technology by Indian businesses demonstrates their belief in technology as the key enabler of business transformation. This quarter SAP witnessed a number of significant deals in enterprises that include The Shipping Corporation of India, HPCL – Mittal Energy, ONGC – Mangalore Petrochemicals Ltd., Walchandnagar Industries Ltd and Goldshield Services Pvt. Ltd.
SAP signed an enterprise agreement with the Mahindra Group to consolidate systems and strategic transformation across the company’s diversified operational landscape.
In another significant highlight this quarter, Larsen & Toubro Infotech joined hands with SAP to become global service partners. This agreement marks an important
milestone in the relationship between the two organizations. Larsen & Toubro Infotech brings solution and delivery expertise to industry segments such as industrial products, oil and gas, consumer products, high-tech and utilities.

“I am delighted with our strong and consistent performance and thank our customers for choosing to partner with us,” said Ranjan Das, President and CEO, SAP Indian Subcontinent. “SAP understands the unique needs of our customers in these challenging times and we are committed to helping them with their bottomlines while addressing their critical business needs.”

SAP’s ‘Best-Run Now’ Helps Customers Weather Economic Cycle
Recognizing the need for IT solutions that can help customers adjust and respond to challenging market conditions, SAP has brought its ‘Best-Run Now’ initiative to India.
The offerings combine SAP software, services and special financing terms to deliver rapid time to value. The initiative aims to help customers address real-time business issues, including more efficient management of information on cash flow and liquidity, maximizing a global workforce through change and optimize procurement and supply chain processes. Indian industry leaders HCL, Satyam and TCS have partnered with SAP in the Best-Run Now Initiative that helps customers plan for the future by safeguarding them to the tidal changes in the global economy.

SMEs Continue to Look at SAP for Breakthrough Solutions
The quarter also witnessed the SAP SME World Tour come to India. Hosted at Hyderabad, Delhi and Mumbai, the SME World Tour has already been hosted in more than 50 cities worldwide. This successful global road show was aimed at demonstrating new ideas, strategies and opportunities for growing small businesses and midsize companies. With sustainability being the key strategic priority, small and mid-sized Indian enterprises present expressed the intent to adopt scaleable and flexible IT platforms from SAP.

“Customers across India, from the largest to the smallest, trust SAP to innovate and deliver the solutions they need to become best-run business. Our product offerings, combined with industry-leading services and support, enable us to offer critical business value.” said Ranjan Das, President and CEO, SAP Indian Subcontinent. “I am confident that we will continue to be the platform of choice to foster co-innovation between SAP, customers, and partners.”

About SAP
SAP is the world’s leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With approximately 76,000 customers (includes customers from the acquisition of Business Objects) in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol “SAP.” (For more information, visit www.sap.com)

(*) SAP defines business software as comprising enterprise resource planning and related applications.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.

For more information, press only
Chaya Arora, SAP India, + 91 9987590976, Chaya.arora@sap.com
Suhana Basu, Genesis Burson Marsteller, +91 9886297297, Suhana.basu@bm.com

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