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News on Medial
SAP doubles down on India as market, hub
Economic Times
·
3m ago
Medial
SAP is strengthening its presence in India, recognizing it as a pivotal market amid global supply chain challenges and digital disruption. The company is developing a significant number of its AI projects in India, with plans to increase AI use cases worldwide. India's varied AI adoption stages were noted by SAP's Indian Subcontinent president, who praised the country's regulatory balance. SAP recently achieved a significant profit increase and continues expanding its infrastructure and talent pool in India.
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SAP appoints Manish Prasad as India head, elevates Kulmeet Bawa to global role
Economic Times
·
1y ago
Medial
SAP, Europe's largest software company, has appointed Manish Prasad as President and Managing Director for the SAP Indian subcontinent. Prasad, who has over two decades of experience in the industry, will focus on enabling customers from various industries to digitally transform with SAP and advance the company's cloud migration. Prasad takes over from Kulmeet Bawa, who will now drive the growth and adoption of SAP Business Technology Platform (SAP BTP) globally. This move highlights India's strategic importance as a hub for innovation and growth for SAP.
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Celonis appoints ex-SAP exec Dilipkumar Khandelwal as chief customer officer - The Economic Times
Economic Times
·
24d ago
Medial
Celonis has appointed former SAP executive Dilipkumar Khandelwal as the chief customer officer and chairman of its India advisory board to enhance its presence in India. Based in Bengaluru, Khandelwal will focus on collaborations with enterprises and GCCs to drive AI innovation. Celonis is expanding operations due to the growing AI adoption in India and recently launched an AI-focused innovation hub while appointing Kaushik Mitra to bolster regional growth.
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India melting pot of innovation, scale and execution; SMBs here prioritising AI: SAP India head
Economic Times
·
10m ago
Medial
SAP, Europe's largest software maker, is experiencing strong demand in India, particularly from small and medium businesses (SMBs) looking to adopt technology and AI for improved efficiency. Manish Prasad, President and MD of SAP Indian Subcontinent, describes the Indian market as an innovative and rapidly growing one. Prasad notes that SMBs are prioritizing AI and technology to accelerate their growth and are focusing on the combination of AI and human capital for increased efficiency. Additionally, SAP is investing in talent in India and leveraging Indian resources for product development and engineering.
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Data collaboration software firm Atlan raises $105 million; valuation nearly doubles to $750 million
Economic Times
·
1y ago
Medial
Singapore's Atlan, a data collaboration software startup, has raised $105 million in a funding round led by GIC and Meritech Capital, valuing the company at $750 million. The funds will be used to capitalize on the growing demand from large corporations seeking to make their databases suitable for artificial intelligence. Atlan provides a technology layer that acts as a control plane on top of a business's disparate infrastructure, competing with products from Microsoft, Oracle, SAP, IBM, and well-funded startups like Hex, Collibra, and Alation. Atlan plans to scale its operations, invest in product development, and expand its teams in India.
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Setu strengthens top deck with senior execs from Razorpay, PhonePe, Wibmo - The Economic Times
Economic Times
·
14d ago
Medial
Setu, a Pine Labs-owned fintech firm, is reinforcing its leadership with senior appointments. Anand Raisinghani, previously with SAP India, becomes CEO, succeeding Sahil Kini, who now leads the Reserve Bank Innovation Hub. New hires include Prashanth Nimmagada as CTO, Ramkumar Thirumurti as Chief Revenue Officer, and Santosh Subramanian as Head of Finance. Setu, acquired for $23.4 million in 2022, offers API infrastructure for payments and holds an NBFC-AA license from the RBI.
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Russian billionaire says replacement of SAP software is costly but essential
Economic Times
·
2m ago
Medial
Russian billionaire Alexey Mordashov emphasized that creating a domestic alternative to SAP software is expensive yet crucial for survival, as SAP ceased operations in Russia amid geopolitical tensions. SAP once dominated Russia's business software market but stopped supporting Russian firms, leaving them vulnerable. Severstal, Mordashov's company, and others are striving to develop replacements despite challenges and costs. Russian businesses are increasingly collaborating with local developers to mitigate dependence on Western software.
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Nasscom appoints SAP Labs India MD Sindhu Gangadharan as chairperson
Economic Times
·
11m ago
Medial
Sindhu Gangadharan, the Managing Director of SAP Labs India, has been appointed as the new Chairperson of Nasscom. She will succeed Rajesh Nambiar, who has been named President-designate of the IT industry body. Gangadharan, along with Nambiar and the Nasscom Executive Council, will work towards establishing India as a leading technology ecosystem, focusing on areas such as AI, digital talent, innovation, policy development, and R&D capabilities. Gangadharan, the first woman to lead SAP Labs India, expressed her excitement at shaping India's future in the tech industry.
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India-based leaders steer the wheels of global tech
Economic Times
·
1y ago
Medial
India is emerging as a hub for global leadership roles in multinational companies. Giants like IBM, Accenture, SAP, and Goldman Sachs have established reporting and controlling positions in India. Companies are expanding their operations in India, and more international executives are being based there. For example, PepsiCo is planning to elevate senior executives in India who will handle global teams. This trend is expected to continue as more global capability centers (GCCs) are established in India. The country is also witnessing the creation of new roles, such as chief customer officer and discovery officer, showcasing increased trust and responsibility given to Indian professionals. The growth in global leadership roles in India is expected to continue, with the projection of 20,000 global digital leadership positions by 2030.
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Sashikumar Sreedharan elevated as Google Cloud’s managing director for India - The Economic Times
Economic Times
·
1m ago
Medial
Sashikumar Sreedharan has been appointed as the new managing director for Google Cloud in India, succeeding Bikram Singh Bedi, who will now focus on regional strategic roles. Previously the COO for APAC at Google Cloud, Sreedharan has a 30-year tech industry background, including leadership positions at Microsoft and SAP. In his new role, he will spearhead Google Cloud's go-to-market strategy in India, emphasizing an "AI-first future."
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NASSCOM onboards Sap Labs India MD Sindhu Gangadharan as Vice Chairperson
IndianStartupNews
·
1y ago
Medial
The National Association of Software and Service Companies (NASSCOM) has appointed Sindhu Gangadharan, Senior Vice President and Managing Director of SAP Labs India, as its Vice Chairperson. She also holds the position of Chairperson of the Nasscom GCC Council 2023-25. Gangadharan, known for her human-centric approach to technology, will contribute her extensive technology and corporate leadership experience to India's TechAde initiative. She is the first woman to lead SAP Labs India, the largest global R&D center for SAP, overseeing product development and innovation across multiple Indian centers.
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