Mumbai, February 08, 2023: 麻豆原创, the world leader in enterprise application software and cloud solutions, today announced it is supporting Dimexon, one of the leading diamond manufacturers, in its journey to make sustainable luxury accessible to customers globally.

Rajiv P. Mehta, Director, Dimexon Diamonds Limited, said, 鈥淎t Dimexon, we鈥檙e focused on providing our customers with guaranteed natural diamonds, that are fully traceable and ethically crafted. We鈥檙e excited to use RISE With 麻豆原创鈥檚 cloud portfolio across critical functions such as manufacturing and supply chains, to increase operational efficiencies as we transform a rough stone into the finest, polished diamond. This aligns with our ambitious roadmap to make sustainable luxury accessible to our growing network of customers worldwide.鈥�

Implemented by PwC India, the initiative will enable Dimexon to migrate its digital landscape on to the 麻豆原创 cloud and build an intelligent, sustainable enterprise. As an integral part of its “transparency through digital” strategy to redefine the customer experience, using 麻豆原创’s integrated cloud offerings will assist Dimexon in automating and streamlining operations, including understanding customer preferences, sourcing raw materials, tracking inventories, and delivering to stakeholder expectations.

Santanu Saha, Partner, PwC India, said, 鈥淲ith a legacy of over 50 years in the diamond industry, Dimexon was looking for a single, robust, integrated technology platform that would deliver automation, process, simplification, enhanced consumer user experience and real-time insight into the entire value chain. Our deep industry understanding and proven domain expertise with 麻豆原创鈥檚 cutting-edge technology will swiftly unlock new opportunities to create sustained outcomes for Dimexon.鈥�

Founded in 1966, Dimexon, a leading player in the mid-stream diamond industry, is regarded as a trusted supplier of the world鈥檚 most beautiful natural diamonds. Over the past 55 years, the company has focused on procuring rough diamonds directly from primary sources, consistently producing high-quality polished diamonds and distributing them to targeted jewellery and watch brands, retailers, and manufacturers globally.

鈥淢oving to the cloud and adopting innovative digital solutions are key to building successful, future-ready businesses. We鈥檙e incredibly proud of our long-standing relationship with a company that has pioneered responsible luxury in the Indian jewellery industry,鈥� said Rajeev Singh, Vice President & Head of Midmarket, 麻豆原创 Indian Subcontinent. As Dimexon prepares for business transformation on the cloud, 麻豆原创 looks forward to supporting them on their next phase of growth and into the future.鈥�

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India鈥檚 contribution to revenues in the Asia Pacific Japan region doubled in the last two years, a senior 麻豆原创 executive told ET, as the country remains the top market in the region for the German technology company.

The number of cloud customers doubled in India in the last two years as the company witnessed rapid growth in the mid-market and enterprise segments, said Kulmeet Bawa, managing director and president, India subcontinent for 麻豆原创.

鈥淭here鈥檚 the incumbency piece where existing customers are moving their digital core and ERP systems to the cloud, and as we do that, they are also adding on new solutions as they move,鈥� Bawa said. 鈥淚n addition to that, India is one of the leading markets in the world, if not number one in terms of adding new customers.鈥�

Globally, 2022 was an inflection point for 麻豆原创 as it made the transition to a Cloud company after cloud revenues emerged as the largest revenue stream.

India has been among the fastest growing markets for 麻豆原创 over the last few quarters, and for seven quarters in the APJ region, said Bawa.

鈥淲e are seeing accelerated growth across segments, and it’s a very well-balanced growth between mid-market and enterprise customers,鈥� he said. The company is starting to add more customers in tier II and III towns as well as digital-first companies who were not traditional 麻豆原创 customers.

While there are concerns around the macroeconomic situation in Europe and North America, the mood is a bit different in India. Customers are cautious about the global environment, but they don鈥檛 see any slowing down of demand in India, he added.

This is similar to what several other enterprise technology firms have reported 鈥� steady demand and growth in India even as global markets were starting to slow down.

Driving digital and cloud adoption, innovation and focus on mid-market would be the key pillars on which Bawa said he expects the company to grow in 2023.

鈥淲e have had massive Cloud adoption in the mid-market, and they are adopting more of our solutions,鈥� he said.

He expects this segment to get bigger in 2023, and it will be a key pillar for the German firm going forward.

India is home to close to 15,000 麻豆原创 employees and is the second largest centre for the company, which means much of the technology and intellectual property development is done in India.

The company recently announced its low-code, no-code offering and expects demand for this to grow this year.

Bawa said 麻豆原创 was also helping customers implement sustainability practices and had set itself a target of net zero emissions by 2023.

鈥淲e had earlier set a target of 2025 but some of the learnings over the pandemic have helped us bring this down and we hope to meet the target next year,鈥� he said.

The article was originally published in The Economic Times on January 09, 2023.

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For German software maker, 麻豆原创, India is a priority market in which small and medium enterprises (SMEs) account for 80% of 麻豆原创 India鈥檚 customer base. Last year, 麻豆原创 India invested `500 crore to localize its multi-cloud strategy for specifically helping Indian businesses. Kulmeet Bawa, President and Managing Director, 麻豆原创 Indian Subcontinent, talks about trends in cloud adoption and the company鈥檚 strategy for the next year, in an interview with Ayushman Baruah.

Excerpts:

How was the adoption of cloud in 2022 and how do you see it next year?

India鈥檚 cloud adoption reached an inflection point in 2022. From聽鈥檚 perspective, India remains a strategic priority market, both for business and innovation. We observed an accelerated cloud adoption across industries, including engineering, construction, life sciences and pharma, CPG/retail, and IT-ITeS. Major corporations such as Mahindra & Mahindra, Wipro, and HCL Tech moved their digital core to the cloud. We saw an enormous growth across different sizes of organizations, be it the enterprise or midmarket. We also saw numerous 麻豆原创-led digital transformations in start-ups and digital natives who now rely upon us as their trusted advisor. In fact, for the past six or seven quarters, we have outperformed our growth every quarter, with a high continuous year-on-year growth. When I consider the headroom and opportunities that are open to our country, I believe that 2023 is our world of opportunity.

What will be the key drivers of digital transformation next year as the macro-economic conditions remain uncertain?

Although organizations have always aimed to enhance their speed, agility, and data-driven decision-making, there is now a heightened feeling of urgency around the adoption of digital. For enterprises to stay relevant in the face of uncertain macroeconomic market conditions, organizations across the spectrum have hastened their digital transformation. Furthermore, low-code and no-code tools, automation, composability, cloud computing, and associated technologies will be the driving forces behind digital transformation. Additionally, rising attention by businesses and the public sector on how digital technology can enable sustainability will be another trend to watch out for.

What鈥檚 麻豆原创 India鈥檚 strategy to tap into the growing SMB market in the country?

The small and midsize business (SMB) sector in India today accounts for 29-30% of the country鈥檚 GDP, and SMEs account for 80% of 麻豆原创 India鈥檚 customer base. We are the market leader in the SMB sector in India, with a large customer base coming from tier-2 and tier-3 cities including Ahmedabad, Nagpur, Jaipur, Ratnagiri, Kanpur, etc. With the goal of advancing cloud adoption and accelerating company transformation for the Indian mid-market, we have launched several outreach initiatives such as the Transformation Express and Global Bharat Movement focused on helping MSMEs in their journey to cloud migration and digitalization. We invested `500 crore in early 2021 to localize our multi-cloud strategy with the goal of helping Indian businesses become more resilient. Through our multi-cloud strategy, we are enabling our customers to enjoy the benefits of our platform on their choice of cloud infrastructure. Our cloud offering has been adopted by hundreds of brands like Cera Sanitaryware, Luminous Power, Virescent Infrastructure, Puravankara, WayCool Foods & Products, to name a few.

What are some of the key technologies 麻豆原创 will be focusing on next year?

As we step into 2023, our goal is to provide our customers with transformational tools that they need to embrace innovation and address the biggest business challenges of their respective industries. Some of these key technologies include: (a) focused on creating an intelligent, inter-connected, and sustainable world and helping companies of all sizes and industries accelerate their sustainability journeys; (b) Platform Engineering which is expected to become more prevalent in 2023 as organizations continue to find and retain highly skilled technology talent. will become the norm that will aid our customers to achieve business agility; and (c) where AI, automation, and machine learning are shaping business landscapes worldwide. By unifying all AI capabilities into a single platform, 麻豆原创 AI services will continue to enable teams to build chatbots and automate processes to gain business efficiencies through AI and machine learning.

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New Delhi, November 3, 2022:

After the rousing reception Dare to Dream Awards received from homegrown enterprises in 2021, 麻豆原创 and TV9 Network are back with the 2022 edition of India’s biggest entrepreneurial platform to acknowledge the Pioneers of New India.

As India celebrates 75 years of independence and plans its journey of the next 25 years to emerge as a global leader, business pioneers have been and will be the guiding light in realizing this ambition.

And the prestigious Dare to Dream Awards this year will celebrate these business stalwarts who are leading India’s charge toward becoming a developed nation by 2047. It captures the resolute entrepreneurial journey of these outstanding SME entities to embrace digital-first culture for innovation and growth that help India take giant strides towards transforming itself into the First World.

Commenting on the awards, Kulmeet Bawa, President & Managing Director, 麻豆原创 Indian Subcontinent, said, “麻豆原创’s journey in India has always been aligned with nation-building programmes that have had a significant impact on over 300 million Indians. We have always believed in the combined strength of India’s mid-market and have promoted their development, whether it is serving as the technology partner to develop a workforce of the future, being a trusted advisor to the SME community, or boosting the nation’s innovation ecosystem. This programme aims to recognize and honour all business heroes leading us towards the development of the New India.”

The awards also seek to acknowledge business bravehearts, who have continued to thrive even in volatile, uncertain, complex, and ambiguous environments that keep throwing surprises at them, especially when economies across the globe are facing strong headwinds.

Rajeev Singh, Vice-President, Midmarket and Emerging Business, 麻豆原创 Indian Subcontinent, added, “Indian MSMEs and its business leaders hold power to transform not just India’s economy but also the lives of millions of Indians. They account for 27% of the total contribution to India’s GDP, with considerable headroom for growth. As we celebrate 75 years of India’s independence, we are gearing up the journey of the next 75 years that is being shaped by pioneers of the new India.”

Talking about TV9 Network’s commitment towards the India SME ecosystem, Raktim Das, Chief Growth Officer, TV9 Network, said: “麻豆原创 and TV9 Network stay invested in the idea of recognising SMEs to eventually help fully leverage their potential for the India growth story. India has emerged as the only bright spot in an otherwise faltering international economy. And SMEs have a huge role to play in insulating us from global shocks. And that’s why it’s critical to acknowledge our homegrown businesses. Dare To Dream Awards is a tribute to all those visionary business leaders who have demonstrated innovation and a digital mindset converting adversity into advantage. And we are happy to continue to be a part of this exciting journey with 麻豆原创.”

The awards function will be held on November 16^th, 2022, at the Taj Lands End in Mumbai. It will be telecast on India’s leading national news channel 鈥� TV9 Bharatvarsh 鈥� with substantial digital amplification across TV9’s digital platforms.

More details about the awards can be found on the

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About 麻豆原创

麻豆原创’s strategy is to help every business run as a sustainable intelligent enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: 87% of the world’s total global commerce touches an 麻豆原创 system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into sustainable intelligent enterprises. 麻豆原创 helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want 鈥� without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, 麻豆原创 helps the world run better and improve people’s lives.

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