SAP to Establish Research and Development Center in Hungary

February 24, 2005 by admin

As part of SAP’s global development strategy in which each location has a clear focus and mission, the tenth SAP Labs center will be encharged with advancing SAP’s supply chain management (SCM) applications. Leading the efforts at SAP Labs Budapest will be Albrecht Diener, senior vice president and head of Supply Chain Development, SAP AG. Laure Le Bars will serve as the center’s managing director.
“Research and development play an essential role at SAP as innovation is the springboard of success for our customers and for SAP itself,” said Claus Heinrich, member of the executive board, SAP AG. “SAP Labs Budapest will be a key driver in expanding the capabilities of our SCM applications to power tomorrow’s adaptive business networks for our customers, their business partners and their customers. Following a comprehensive evaluation process, Hungary was an easy choice given the wealth of local expertise in business processes and technologies as well as a sound infrastructure.”
SAP Labs Budapest will be an integral part of SAP’s global development network and its third European R&D center. In 2004, SAP invested more than one billion euros in R&D, approximately 70 percent of which in Europe. SAP Labs are created to distribute global development efforts and enable SAP to obtain the world’s best IT experts and work closely with high-tech communities around the world. These centers of excellence are encharged with the mission of supporting local and global markets, developing first-class solutions, and driving innovation and competitive advantage for SAP, its customers and its partners.
Currently, SAP AG maintains lab locations in Walldorf, Germany; Palo Alto, California, United States; Bangalore, India; Tokyo, Japan; Sophia Antipolis, France; Sofia, Bulgaria; Montreal, Canada; Tel Aviv, Israel; and Shanghai, China. “The government awaits such companies that have already proved themselves to come to Hungary,” said Dr. János Kóka, Hungary’s Minister for Economic Affairs and Transport. “These companies provide capital for the country and high-quality jobs for well-trained Hungarian professionals.”

Source: SAP AG

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