Noting the country?s resurgent ICT landscape and rich talent pool, German software behemoth SAP has invested 3 million Euros (about P170 million) to open its third office in the Philippines and 60th office in the Asia Pacific region.
The new facility, located at the Cyberscape Beta building in Ortigas complex in Pasig City, was inaugurated on Friday, Nov. 7, by top SAP regional executives and government officials.
The company said the new office, which will occupy two floors of the building, will serve as the hub of SAP shared services team for sales and finance.
Part of the services team for sales is an initiative called ?Project Nucleus? where SAP will set up a call center in the area to support sales requirements across Asia.
The project, which involves the Philippines and India, aims to double the staff strength by next year. Currently, the new Ortigas hub has about 800 local employees.
As for the services team for finance, the company disclosed that the new office will serve as the back office finance support for SAP companies around the world.
The software firm, which has been operating in the Philippines for the last 19 years, has two existing offices in the country ? one is in the Fort Global City that caters to the domestic market and another in Ortigas which manages the company?s HR consulting and shared services for SAP and customers globally.
Department of Trade and Industry undersecretary Nora Terrado, herself a former software executive, read the message of Pres. Benigno S. Aquino III, who said that he was able to meet SAP chief financial officer and COO Luka Mucic in a recent trip to Europe.
?I was pleased to hear of SAP?s plans of further growing its finance and HR operations here, as well as its core processes like software development. We are looking forward to the acceleration of SAP?s investment plans, with the addition of 1,000 employees within the next 12 months, further establishing the Philippines as your regional hub,? Aquino said, as quoted by Terrado.
Adaire Fox-Martin, president of SAP Asia Pacific Japan, said that since 60 percent of the employees in the company?s local operations belong to the millennial generation, who were born between 1982 and 2000, the design of the new office caters largely to the digital natives and encourages collaboration and creative thinking.
?The young, vibrant workforce in the Philippines and Asia Pacific Japan is what keeps our plans for the region going. We strongly believe that by leveraging SAP Cloud powered by SAP Hana, our employees will continue to drive the innovation agenda with and for our customers across the region,? said Fox-Martin.