SAP Labs India, a subsidiary of the German software giant SAP, plans to more than double its workforce in India by 2024. In response to the changing needs of the business environment, the company is looking to expand its AI workforce.
The Bengaluru-based facility is SAP’s largest global R&D centre and will serve as the company’s AI evolution hub.Because AI is already integrated into SAP applications that drive critical business processes, the company will provide AI that is immediately available.
The company will increase its AI capabilities through new hires while also improving the skills of its current workforce. The centre in India currently employs 15,000 people. Furthermore, the company is hard at work on its upcoming Bengaluru campus in Devanahalli, which is scheduled to open in early 2025. The company intends to open its second development centre there.
SAP’s AI is integrated into the systems that power the most critical business operations for its customers. It works with users to discover valuable insights and efficiencies, improving their knowledge and overall value to their businesses. With offices in Pune, Mumbai, Gurugram, Hyderabad, and Bengaluru, India is one of SAP’s five pivotal locations.
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 published in July by the Indian Institute of Management Ahmedabad (IIM-A) and Boston Consulting Group (BCG) stated that India will require approximately 25,000 to 30,000 AI-ML specialists over the next five years.