Latest news with #ManishPrasad
Time of India
24-04-2025
- Business
- Time of India
SAP doubles down on India as market, hub
As global businesses grapple with supply chain volatility and digital disruption , SAP is doubling down on India. The German enterprise application and business artificial intelligence (AI) major is getting a lot of its work done in India, which is also among its fastest-growing markets globally, Manish Prasad, president and managing director of SAP Indian Subcontinent, said. SAP has deployed 210 AI use cases across industry verticals globally with plans to reach 400 by the year-end, and 'a substantial portion of this work is happening out of India,' Prasad told ET. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Breaks His Silence: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo 'SAP Labs India is one of the largest R&D centres outside of Walldorf (Germany). A lot of our copilot Joule's AI capabilities are being developed here,' he said. Prasad acknowledged that Indian enterprises are at varying stages of AI adoption . Tech firms are leading the way, while manufacturers focus on predictive maintenance, logistics, and quality control. Live Events There is no debate on whether to adopt AI – it is only on how fast it can deliver value, he said. 'From boardrooms to user groups, everyone is asking, how quickly can we see impact?' Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories On regulation, Prasad endorsed India's balanced approach. 'There will always be a balance between innovation and regulation,' he said. 'India's focus on preventing harm while allowing room for growth is the right step. We run a very compliant global business and see no hindrance from EU laws as long as data is handled responsibly.' Last month, SAP crossed the $320 billion market cap to become the largest European company. On Wednesday, the Walldorf-headquartered company posted a 58 percent year-on-year (YoY) jump in the January-March profit at €2.5 billion ($2.9 billion), beating analyst estimates. While he did not disclose India-specific revenue, Prasad noted, 'If you look at any of our releases, India finds a mention for talent, scale, and opportunity.' SAP is also expanding its physical footprint with a second campus in Bengaluru and is continuing to invest in strategic hiring.
Time of India
23-04-2025
- Business
- Time of India
SAP: Indian enterprises embracing AI to transform core business
Live Events Shifting from the AI hype to real-world impact, Indian enterprises are embracing AI solutions across business operations, making 2025 the year of measurable AI outcomes, Europe's largest software maker SAP said on Wednesday. Based on analysis of SAP customers in India over a 12-month period from March 2024 to March 2025, the most popular AI use cases in India include AI-generated visual insights, summaries, and translations, AI-assisted process analysis, and creating sales orders from unstructured use cases that have caught-on are predictive forecasting , and natural language the SAP NOW AI Tour event in Mumbai, SAP India on Wednesday revealed new analysis, giving insights into how Indian businesses are benefiting from artificial intelligence (AI)."In any organisation, it is the profound insights derived from data that fuel mission-critical operations across finance, procurement, supply chain, workforce and beyond," Manish Prasad, President and Managing Director, SAP Indian Subcontinent company said it is empowering customers as they evolve into intelligent, optimised businesses by embedding AI agents into all aspects of business operations."We are redefining how individuals work and changing the way businesses are run...," he supports SAP's global target of 400 total embedded AI use cases across its portfolio, from over 210 generative AI use cases available now, the company said in a Labs India, the company's second largest Research and Development center outside Germany, is responsible for a large part of the development of SAP's AI co-pilot, company said the recent launch of SAP Business Cloud introduced new data and AI innovations, helping companies move beyond simple automation, solve the most complex business challenges, and drive enterprise-wide efficiency, agility, and innovation.
