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German technology firm SAP today announced that it would invest Rs 500 crore in India to localise and offer customers a multi-cloud choice. The company will make its multiple cloud solutions available in India data centres.

“SAP’s commitment to support India’s growth vision remains a top priority, and we are determined to achieve this with deeper collaboration with our customers, ecosystem and the government,” said Scott Russell, President, SAP Asia Pacific Japan. “Our investment in India is toward accelerating the nation’s digital agenda and our customers’ transformation in the cloud.”

Customers are accelerating their move to the Cloud for greater business resiliency. SAP intends to respond to local market requirements and help enterprises harness their data faster to become future ready.

“Today, customers are seeking scalability, faster deployment, data compliancy and cost-effective solutions to enable innovation and achieve prompt business outcomes,” said Kulmeet Bawa, SAP Indian Subcontinent President and Managing Director. “SAP intends to advance the vision of Atmanirbhar Bharat …by leveraging an agile and scalable cloud technology that is co-developed in India and now made available in local data centers to help Indian enterprises recalibrate their businesses to run better,” ..

SAP India has a diverse business-to-business cloud portfolio and is working at addressing local customer demands.