Buoyed by growth trends in the last year, global IT firm SAP expects to become the second largest player in the IT database management business in the country in coming years. "We acquired 20 new clients in the first quarter (ended march 31, 2012). From the growth trends that we are seeing, we expect to be No 2 in database business," SAP India Managing Director Peter Gartenberg told reporters here. The company is relatively new in the database management business but expects to catch up fast with its competition, specially in India. "India is among top 4-5 markets where we have to win ... the impact that India has on global market and technology ... we cannot afford to lose," SAP's Global Executive Vice President Steve Lucas said. The company is world's fourth largest player after Oracle, IBM and Microsoft in database business.
Thursday, May 31, 2012
SAP eyes second slot in Indian IT database management business
Buoyed by growth trends in the last year, global IT firm SAP expects to become the second largest player in the IT database management business in the country in coming years. "We acquired 20 new clients in the first quarter (ended march 31, 2012). From the growth trends that we are seeing, we expect to be No 2 in database business," SAP India Managing Director Peter Gartenberg told reporters here. The company is relatively new in the database management business but expects to catch up fast with its competition, specially in India. "India is among top 4-5 markets where we have to win ... the impact that India has on global market and technology ... we cannot afford to lose," SAP's Global Executive Vice President Steve Lucas said. The company is world's fourth largest player after Oracle, IBM and Microsoft in database business.
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