The largest technology firm in Europe will re-skill, skill, and up-skill 15 Lakh of its agents in the coming 3 years. SAP makes this move as it looks to aim small companies to develop its business in the country.
Currently, 80% of 8,600 clients of SAP in India are micro, small, & medium enterprises (MSMEs). “We are recognized as a firm that assists big companies. But the 51 Million MSMEs is the possible marketplace we want to deal with,” claimed President at SAP for Japan and Asia Pacific, Scott Russell, to the media in an interview. He claimed that many MSMEs do not use any fundamental technology to operate their companies owing to shortage of access, knowledge, and financial inhibitions as well as frequent lack of understanding of how to utilize these technologies.
SAP claimed that with the introduction of Goods and Service Tax (GST) and the Digital India policy of the government, Indian MSMEs will have to expand up tech transportation. “It will, consequently, give boost to an industry-wide need of digital experts who will have the ability to allow companies to make the changeover to a digital platform. SAP is aware of the urgency to fulfill this need,” it claimed in his statement.
Based in Germany, the company is a market leader in business application software. It is altering itself into a service company based on cloud from being a firm reliable on expensive up front license and installation fees. SAP’s Russell claimed that if India needs to actually turn out to be a digital economy then all firms, whether small or big, require participating.
SAP India has began several schemes and rolled out new programs via its partner bionetwork.
In June 2017, SAP amalgamated with the Ministry of MSME to mutually roll out Bharat ERP. Bharat ERP is a program planned at digital authorization of small companies in the nation. The proposal plans to digitally allow almost 30,000 MSMEs and youth in the coming 3 years. It will also offer MSMEs with admission to technology from SAP to assist them integrate and streamline key procedures such as sales, financials, and inventory with sole software for business.