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Snabe said SAP wants to open the Chinese market by securing a deal with authorities to allow cloud computing services.
FRANKFURT: German business software maker SAP
sees potential for one million new customers in China, five times the
number it currently has world-wide, German weekly paper Frankfurter
Allgemeine Sonntagszeitung said. "China will be as important for us as the United States," SAP's co-Chief Executive Jim Hagemann Snabe told the paper, according to an advance extract.
Snabe said SAP wants to open the Chinese market by securing a deal with authorities to allow cloud computing services.
"We want to find a solution with Chinese authorities this year if possible," Snabe told the paper.
As part of SAP's growth strategy, it plans to invest around $2 billion in China by 2015.
Posted in: IT News
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