SAP Labs finds Chennai ‘a very attractive location’ | Chennai News
CHENNAI: SAP Labs India, the R&D subsidiary of software giant SAP, may not be present in Chennai but is deeply invested in the city’s knowledge pool, a top executive of the company said on Sunday.
Speaking to TOI on the sidelines of Tamil Nadu Global Investors Meet 2024, SAP Labs India senior VP and MD Sindhu Gangadharan said Chennai is “a very attractive location” for the company, and on its radar whenever it looks to expand beyond Bengaluru. “Besides the talent pool, Chennai also brings proximity to our customers and is central to our academia engagement,” she said.
While SAP Labs does not have a centre in Tamil Nadu, it has academic partnerships with universities like PSG Institute of Technology and Amrita Vishwa Vidyapeetham from Coimbatore. “Beyond just hiring engineers from the state, we also work with professors in colleges here for joint tech and research,” Gangadharan said.
“We are also working with various Chennai’s startups as part of our accelerator programme…In that sense, there is no doubt about our investment in Chennai on the knowledge side,” she said. 40% of SAP’s global R&D workforce is in Bengaluru, and a significant part of the company’s intellectual property (IP) is coming out of India.
Speaking in a fireside chat with Kewyn George, global director, information services, Expeditors at TN GIM, Gangadharan said that India is the GCC (global capability centre) capital of the world.
“Ten years back, the conversation was all about cost arbitrage, but today any GCC talk is about value creation and building products for the world,” she said. By 2023, India GCCs are expected to have around 20,000 global leadership roles with end-to-end product ownership, Gangadharan added.
Speaking to TOI on the sidelines of Tamil Nadu Global Investors Meet 2024, SAP Labs India senior VP and MD Sindhu Gangadharan said Chennai is “a very attractive location” for the company, and on its radar whenever it looks to expand beyond Bengaluru. “Besides the talent pool, Chennai also brings proximity to our customers and is central to our academia engagement,” she said.
While SAP Labs does not have a centre in Tamil Nadu, it has academic partnerships with universities like PSG Institute of Technology and Amrita Vishwa Vidyapeetham from Coimbatore. “Beyond just hiring engineers from the state, we also work with professors in colleges here for joint tech and research,” Gangadharan said.
“We are also working with various Chennai’s startups as part of our accelerator programme…In that sense, there is no doubt about our investment in Chennai on the knowledge side,” she said. 40% of SAP’s global R&D workforce is in Bengaluru, and a significant part of the company’s intellectual property (IP) is coming out of India.
Speaking in a fireside chat with Kewyn George, global director, information services, Expeditors at TN GIM, Gangadharan said that India is the GCC (global capability centre) capital of the world.
“Ten years back, the conversation was all about cost arbitrage, but today any GCC talk is about value creation and building products for the world,” she said. By 2023, India GCCs are expected to have around 20,000 global leadership roles with end-to-end product ownership, Gangadharan added.