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SAP Asia Pacific Japan Q4 2009 results show good growth and strong customer support
Singapore - February 03, 2010 - SAP Asia Pacific Japan (“APJ”) reported solid growth in most markets across the region as a result of a stabilising global economy and continued strong customer support. New customer acquisition continues to drive SAP's leadership position in the APJ region, widely regarded as SAP’s global growth engine.
SAP APJ Software and Software-related Service revenues for Q4 09 increased by a significant 19 percent (six percent including Japan), contributing strongly to APJ’s full-year Software and Software-Related Services revenue total of €1.098 billion. All growth figures in this release are expressed in non-GAAP constant currency terms and are measured against the previous comparable period.
In spite of the challenging environment in the second half of 2009, SAP APJ successfully concluded a large number of transactions, further reinforcing our leadership position in the region, said Steve Watts, President, SAP Asia Pacific Japan.
Watts was appointed President, SAP Asia Pacific Japan in January 2010 and has a 20-year track record of successfully leading global software business operations. He has been with SAP for more than eight years, having most recently held the position of Chief Operating Officer, SAP APJ.
Watts added, Our priority remains Value Delivery for our customers. We deeply understand customer needs and they value our long-term relationship with them. We are committed to helping them to see, think and act clearly and become Best-Run businesses.
Globally, our new Industry and Solutions Management and Product Design and Development teams will help us bring innovation and the right solutions more rapidly to the APJ market. At the same time, the Company's significantly expanded support portfolio ensures that individual customer needs are addressed more effectively
SAP AG Appoints V R Ferose as the Managing Director of SAP Labs India
Ferose to oversee R&D operations in Bangalore and Gurgaon
BANGALORE, India - April 05, 2010 - SAP AG, the world's leading provider of business software solutions, today
With this change, the governance structure at SAP Labs India will be uniformly aligned with that of the global SAP Labs Network to enable streamlining of strategy and processes.
In addition to being the overall head for SAP Labs in India, Ferose continues to be a key member of the global SAP Labs network, which has been established to share best practices, set benchmarks and generate synergies among SAP Labs worldwide.
Ferose has been part of the SAP family since August 1999 and has held various positions at SAP Labs India. Most recently, he was heading SAP Labs India's north hub in Gurgaon.
In his previous roles, Ferose has shown exemplary innovation, drive and leadership. This, along with his ability to produce results and strive for excellence will prove extremely valuable in taking our India operations to greater heights said Gerhard Oswald, Member of the Executive Board and COO, SAP AG. Therefore, Ferose is the right leader for this role and I wish him and his team the very best.
Over the past few years, SAP Labs India has grown to become our largest R&D center outside of Germany. The center has contributed significantly towards developing SAP's core technologies and products, said Vishal Sikka, Member of the Executive Board and CTO, SAP AG and Executive Sponsor of SAP Labs India. Ferose's strong technology focus will definitely be a great asset to help us remain at the forefront of technology innovation.