SAP Labs India, a branch of the German software giant SAP, is aiming to double its talent base in India by 2024. The company is looking to increase its AI workforce in response to the changing needs of the business environment.
The Bengaluru-based facility is SAP’s largest global research and development centre, and is set to be the hub of the company’s AI evolution. The company will provide AI that is immediately accessible, as it is already integrated into the SAP applications that drive critical business processes.
The company will expand its AI capabilities through new hires and enhance the skills of its existing workforce. Currently, the centre in India consists of 15,000 staff members. Furthermore, the company is also working on its upcoming establishment in the Bengaluru campus in Devanahalli, targeted for early 2025. The company is aiming to launch its second development centre there.
SAP’s AI is integrated into the systems that drive customers’ most essential business operations. It collaborates with users, uncovering valuable insights and efficiencies, thereby enhancing their knowledge and overall value to their businesses. India stands as one of SAP’s five pivotal locations, with offices in Pune, Mumbai, Gurugram, Hyderabad and Bengaluru.
While India currently leads in terms of AI skill adoption and concentration of AI experts, ranking fifth globally in AI research publications, as reported by Nasscom in February, another study from the Indian Institute of Management Ahmedabad (IIM-A) and Boston Consulting Group (BCG) in July pointed out that India will require approximately 25,000 to 30,000 AI-ML specialists in the next five years.