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SAP Labs says India hub driving global AI innovation; 1st phase of Bengaluru campus to be up by Q2'25
Gangadharan said that AI and GenAI (generative AI) have triggered an "incredible" business transformation, enabling companies to leverage the new-age technologies to reimagine customer experiences and processes, she said asserting that India with its talent and skillset has the power to lead AI innovations.SAP labs India, the biggest R&D hub for German software maker SAP outside its headquarters, is sharply focused on driving global AI innovations from here, managing director Sindhu Gangadharan said adding that plans for opening a new, sprawling campus in Bengaluru are on track. SAP Labs India is on an expansion drive and the construction of the first of the three phases of a new campus in Bengaluru is already underway, another company official said adding the first phase entailing a capex of Euro 80 million is expected to be completed by Q2 of 2025. Gangadharan said that AI and GenAI (generative AI) have triggered an "incredible" business transformation, enabling companies to leverage the new-age technologies to reimagine customer experiences and processes, she said asserting that India with its talent and skillset has the power to lead AI innovations. SAP Labs India is focusing on Custom AI and multi-agent AI technology to drive the next wave of business transformation for its customers, she said. "SAP Labs India is the largest R&D hub for SAP outside of our headquarters. In fact, 40 per cent of our global R&D workforce is sitting out of India," Gangadharan told reporters here. SAP labs India is sharply focussed on building innovations for the world, she said. "We are 15,600 strong in India, as we speak and 13,600 focused on core R&D. And this is the only location of SAP where we have the entire breadth of our product portfolio in one location," she said adding that Bengaluru represents the company's largest hub within India. "We are present across five cities across India. Bengaluru is our largest hub as we speak. We are also in Mumbai, Gurgaon, Pune and Hyderabad...And I always say India is the place to be, and right now, there's absolutely no doubt about that," she said. The excitement around India is backed by sheer numbers, said Gangadharan, who recently took over as the new chairperson of apex IT industry body NASSCOM. Gangadharan pointed to the momentum around technology consumption and digital transactions, as well as the India's strengths in AI and tech talent pool. "If you just look at the technology industry we are talking about a year-over-year growth of almost 3.8 per cent, and if you look at just look at the domestic technology market, we're talking about growth rate of almost 5.8 per cent. And no matter what's happening in the world out there, it's a crazy world indeed, we are seeing a lot of the geopolitical challenges and all of that, India continues to be a net hirer," Gangadharan said. The digital transactions are a case in point and highlight the sheer scale of India's appetite for technology. "For us also as SAP, this translates into multiple things. It's our largest R&D hub, outside our headquarters, and it is one of our fastest growing markets. So that's a very powerful combination, and that's the kind of focal point for us in terms of growth as well moving forward," she said. Pointing to industry estimates, she said that AI is projected to have an about USD 3.4 - 4 trillion impact on the world economy in the coming years. "If I just put on my NASSCOM hat, look at the AI skills penetration, we are number one in here in India. If you look at AI talent concentration, we are number one here in India. About 16 per cent of the world's AI talent is here in India, serving the world," she said asserting that India has the power to lead AI innovation and maintaining its unique edge. "This is also why our CEO was very clear that India is our hub when it comes to driving AI innovation from India for the world, and our teams here are building a lot of innovations across our product portfolio," she said. SAP Labs India's focus on Custom AI and multi-agent AI is transforming the way businesses operate by enabling sophisticated interactions and decision-making capabilities that go beyond the traditional scope of AI applications, according to Gangadharan. "Custom AI is the next big wave in technology because it enables businesses to tailor AI solutions to their unique challenges and opportunities. By personalising AI to fit specific workflows and objectives, businesses can unlock unprecedented levels of efficiency, innovation, and competitive advantage. Our teams at SAP Labs India are leading this Custom AI business mandate to drive value for our customers globally," she added. SAP Labs is expanding its R&D footprint in India with a sprawling new campus, spread over 41.06 acres. The campus will be developed in three phases to accommodate about 15000 employees. The construction of the phase-one of the new campus is currently underway and expected to be completed by Q2 of 2025.
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SAP Labs India to set up new Bengaluru campus; aims to create 15,000 jobs
As part of its expansion bid, SAP Labs India plans to set up a new campus in Bengaluru. Located in Devanahalli, the new campus will come up at an outlay 80 million euros for phase one, and is expected to go live by Q2 of FY25. This second office, spread over 41 acres, will have the capacity to host 15,000 employees. Sindhu Gangadharan, Managing Director, SAP Labs India and Head, Customer Innovation Services, stated that the company deepened its investments in the country with the new campus, aiming to create 15,000 new jobs in Bengaluru. The foundation stone for the new campus was laid on May 29, 2023. The first phase of the campus is expected to be operational by 2025. This is also where its largest global R&D hub was already located. Alongside, Bengaluru contributed 40 per cent of SAP's global R&D, with a quarter of the company's patents coming from the city. Business transformation SAP Labs India is also focusing on Custom AI and multi-agent AI technology to drive the next wave of business transformation for its customers. As SAP's second-largest R&D hub globally, SAP Labs India will develop solutions for SAP's 4,50,000 customers worldwide. Of its talent pool of 13,000, about 50 per cent are enabled in AI tech skills, the company said. "SAP Labs India's focus on Custom AI and multi-agent AI is transforming how businesses operate by enabling sophisticated interactions and decision-making capabilities that go beyond the traditional scope of AI applications," said Gangadharan. "Custom AI is the next big wave in technology because it enables businesses to tailor AI solutions to their unique challenges and opportunities. By personalising AI to fit specific workflows and objectives, businesses can unlock unprecedented levels of efficiency, innovation, and competitive advantage. Our teams at SAP Labs India are leading this Custom AI business mandate to drive value for our customers globally," she added. SHARE Copy linkEmailFacebookTwitterTelegramLinkedInWhatsAppRedditPublished on September 24, 2024
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SAP Labs India announces plans for a new campus in Bengaluru, aiming to boost AI innovation and create thousands of jobs. The expansion underscores India's growing importance in SAP's global strategy.
SAP Labs India, a key player in the global software industry, has unveiled plans for a significant expansion with a new campus in Bengaluru. This move is set to strengthen India's position as a hub for artificial intelligence (AI) innovation and create substantial employment opportunities in the tech sector 1.
The new campus will be situated in Bengaluru's Devanahalli area, spanning an impressive 41.07 acres. SAP Labs India has announced that the first phase of this ambitious project is scheduled for completion by the second quarter of 2025 1. This timeline reflects the company's commitment to rapid growth and innovation in the region.
Once fully operational, the new campus is expected to accommodate up to 15,000 employees 2. This significant increase in capacity underscores SAP's confidence in India's talent pool and its strategic importance to the company's global operations.
Sindhu Gangadharan, SVP and MD of SAP Labs India, emphasized that the country is at the forefront of driving global AI innovation for SAP 1. The new campus is expected to play a crucial role in advancing SAP's AI initiatives and maintaining its competitive edge in the rapidly evolving tech landscape.
In line with modern corporate values, the new campus is designed with a focus on sustainability and employee well-being. SAP Labs India plans to incorporate green building practices and create an environment that fosters innovation and collaboration 2.
The expansion of SAP Labs India reflects the country's increasing significance in SAP's global operations. With over 14,000 employees across its India centers, including 10,000 in Bengaluru alone, India has become a critical hub for SAP's research, development, and innovation activities 1.
The establishment of this new campus is expected to have a significant positive impact on the local economy and further solidify Bengaluru's position as a global tech hub. It will not only create direct employment opportunities but also stimulate growth in ancillary industries and services 2.
Reference
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SAP's CEO Christian Klein reveals how India's tech talent is driving the company's AI development, including its proprietary large language model, while also discussing the company's strategic moves in response to global geopolitical shifts.
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HCLTech has opened an innovation lab for SAP Business AI in Munich, Germany, to help clients explore AI applications and advance their digital transformation initiatives. The lab leverages generative AI and cloud technologies to enhance SAP solution adoption and development.
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A recent SAP study reveals that Indian midmarket companies are leading the charge in adopting generative AI technologies, with 96% prioritizing AI implementation. This trend highlights India's accelerated digital transformation efforts compared to global counterparts.
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Salesforce India achieves $1 billion in revenue, grows 36% year-over-year, and announces plans for a new Salesforce Tower in Bengaluru, emphasizing AI-driven growth and expansion in the country.
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The Karnataka government unveils an ambitious AI initiative at the Bengaluru Tech Summit 2024, partnering with global tech giants to boost skill development and innovation in the state.
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