Around 93 per cent of Indian businesses expect positive returns from AI investments within three years, according to a SAP-Oxford Economics report. India leads globally in AI confidence, investing USD 31 million this year, with ROI projected to rise from 15 per cent to 31 per cent by 2027
The initiative will skill over 62,000 young women in these emerging technologies and about 1,000 skilled women will be supported with jobs, internships, and micro-entrepreneurship opportunities
SAP is further fortifying its commitment to enterprises with the benefits of integrated cloud technologies to deliver the greatest flexibility and be data compliant under the upcoming Personal Data Protection Bill, the statement said.
"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 centres to help Indian enterprises recalibrate their businesses to run better
Operating profit of the company fell one per cent to 2.07 billion euros in the quarter ending on September 30, although its cloud revenue grew 10 per cent to 1.98 billion euros, the company said in a statement on Sunday.