India’s cloud adoption reached inflection point in 2022: SAP MD for India
For German software maker, SAP, India is a priority market in which small and medium enterprises (SMEs) account for 80% of SAP India’s customer base. Last year, SAP India invested `500 crore to localise its multi-cloud strategy for specifically helping Indian businesses. Kulmeet Bawa, president and managing director, SAP, Indian Subcontinent, talks about trends in cloud adoption and the company’s strategy for the next year, in an interview with Ayushman Baruah.
How was the adoption of cloud in 2022 and how do you see it next year?
India’s cloud adoption reached an inflection point in 2022. From SAP’s perspective, India remains a strategic priority market, both for business and innovation. We observed an accelerated cloud adoption across industries, including engineering, construction, life sciences and pharma, CPG/retail, and IT-ITeS. Major corporations such as Mahindra & Mahindra, Wipro, and HCLTech moved their digital core to the cloud.