Published On:September 26 2024
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SAP Labs India to Establish New Campus in Bengaluru.
As part of its expansion efforts, SAP Labs India is set to establish a new campus in Bengaluru’s Devanahalli area. The first phase of the project will involve an investment of 80 million euros and is expected to be operational by the second quarter of FY25.
Spread over 41 acres, the new campus will accommodate 15,000 employees. Sindhu Gangadharan, Managing Director of SAP Labs India and Head of Customer Innovation Services, announced that the company is deepening its investment in India with the goal of creating 15,000 new jobs in Bengaluru. The foundation stone for the campus was laid on May 29, 2023.
The new facility will complement SAP’s existing Bengaluru office, home to the company’s largest global R&D hub, which already contributes 40% of SAP’s global R&D output. Additionally, a quarter of SAP’s global patents originate from the city.
SAP Labs India is also focusing on Custom AI and multi-agent AI technologies to drive business transformation for its global customer base. As SAP’s second-largest R&D hub, the Bengaluru facility will play a crucial role in developing solutions for over 450,000 customers worldwide.
The company highlighted that 50% of its 13,000 employees in India are already skilled in AI technologies. Gangadharan emphasized the importance of Custom AI, which allows businesses to tailor AI solutions to their specific needs, enabling greater efficiency, innovation, and competitive advantage.
“Custom AI is transforming how businesses operate by enabling sophisticated interactions and decision-making that go beyond traditional AI applications,” said Gangadharan. "Our teams at SAP Labs India are leading the charge in this area to deliver value to our customers globally."
HBL