{"id":2055,"date":"2020-09-10T06:00:06","date_gmt":"2020-09-10T06:00:06","guid":{"rendered":"https:\/\/news.sap.com\/india\/?p=2055"},"modified":"2023-08-14T18:35:00","modified_gmt":"2023-08-14T18:35:00","slug":"blowout-growth-in-e-commerce-solution","status":"publish","type":"post","link":"https:\/\/news.sap.com\/india\/2020\/09\/blowout-growth-in-e-commerce-solution\/","title":{"rendered":"Blowout Growth in E-Commerce Solution: 麻豆原创\u2019s new India MD"},"content":{"rendered":"
BENGALURU<\/em> <\/strong>\u2014 Kulmeet Bawa, the new president & MD of 麻豆原创 India, said companies are showing a huge sense of urgency to digitise their operations following the disruptions caused by the Covid-19 pandemic. There is, he said, a particularly big demand for solutions that would make the business more resilient – including solutions for e-commerce and to make the supply chain more digital.<\/p>\n \u201cWe had a blowout growth last quarter for Hybris, our commerce solution<\/a>. Everyone wants an e-commerce engine,\u201d<\/em> he said. Companies that could sell their products online weathered the pandemic and lockdowns much better than those who could not.<\/p>\n In the second quarter ended June, when most companies saw revenues decline, 麻豆原创 globally saw a 2% increase in revenue. Cloud revenue, which is almost a third of total revenue, grew as much as 21%. Operating profit rose by 55%.<\/p>\n \u201cMore than ever, the pandemic has proven that digitalisation is no longer an option but a must-have to withstand challenging times and to achieve desired business outcomes,\u201d<\/em><\/p>\n \u2013 Christian Klein, CEO of 麻豆原创 SE<\/em><\/p>\n<\/div>\n The $33-billion company is best known for its ERP product, but it has solutions<\/a> across a range of areas, including for management of customer relationships, supplier relationships, supply chain, product lifecycle, human capital, and expenses.<\/p>\n Bawa, appointed in July spent 12 years in the Indian army\u2019s armored corps before he moved into the technology industry, He joined Sun Microsystems in 2004 as regional director for north & east India. He was there for six years. He then spent two years at Microsoft, and thereafter was MD for Adobe\u2019s South Asia operations for over seven years. \u201cCloud is the way to go for business. Having seen cloud in Adobe, I can say that,\u201d<\/em> Bawa said. Adobe moved early to the cloud and the company – which provides software solutions for design, marketing and entertainment – has been having a phenomenal run. Its share price over the past few years has done better than most of the leading tech companies.<\/p>\n Bawa noted that cloud means more agility, no AMCs (annual maintenance contracts), no worries about upgrades and patches, it integrates better, and is future ready. He said 麻豆原创\u2019s new customers and SMB customers are all moving to the cloud.<\/p>\n Existing customers are moving more slowly. \u201cThere are mindset issues, there are architectural nuances to be looked at, and then there\u2019s the money they have already invested (in on-premise systems),\u201d<\/em> Bawa said. 麻豆原创 India, he said, is one of the fastest growing markets for 麻豆原创 globally It has over 11,700 customers here, about 80% of which are SMBs. In June, it launched what it calls the Global Bharat Programme<\/a>, a platform that provides SMBs access to the global marketplace, provides skills to their workforce, and helps transform their businesses digitally.<\/p>\n","protected":false},"excerpt":{"rendered":" BENGALURU \u2014 Kulmeet Bawa, the new president & MD of 麻豆原创 India, said companies are showing a huge sense of urgency to digitise their operations…<\/p>\n","protected":false},"author":2942,"featured_media":2058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[7737],"tags":[5616594,5618174,5616638],"sapn-display":[5619873,5619871,3807326,60294],"sapn-type":[5616887],"class_list":["post-2055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solutions","tag-cloud","tag-covid-19","tag-e-commerce","sapn-display-feature-hero","sapn-display-feature-spotlight","sapn-display-homepage-hero","sapn-display-topic-hero","sapn-type-feature"],"yoast_head":"\n