Leading German software corporation SAP, on Wednesday, announced plans to set up a software development house in Pakistan with a capacity to train 5000 students.
At present, SAP is providing digital solutions to leading Pakistani companies in the public and private sector, enabling them to achieve higher growth. All major systems-related companies in Pakistan including Systems Limited, IBM and Siemens work with SAP.
While talking to a select group of journalists, SAP Country Managing Director, Saquib Ahmad explained that the company was in the process of acquiring regulatory approval to set up a Software Development Centre in Pakistan.
“We are hopeful to obtain all regulatory approvals from different institutions including the State Bank of Pakistan (SBP) by next year,” he said. Regarding a possible waiver in taxes, Ahmad clarified that the company would follow the tax system in place and would not seek any waiver in this regard.
While the company had yet to identify a place at which the centre would be set up, Ahmad was confident it would “create job opportunities for the Pakistani youth”.
Explaining that the internet played a key role in providing digital services he said, “5G technology will boost businesses by implementing digital solutions. We need to work with the best practices followed worldwide and the Software Development Centre will help in this regard.”
While responding to a question regarding the security of sensitive information, he underscored that, “SAP ensures and controls security at all levels. We guarantee full compliance with all governmental protocols and ensure that all relevant information stays within Pakistan.”
“There have been reports of disruption in services due to unavailability of devices, like chip delay in different countries, but we have never faced such an issue of disruption in digital services,” he maintained.
Ahmad further said that “SAP was also providing digital solutions like predictive analysis for behaviour assessment whose accuracy was close to 99%.”
According to the MD, SAP had witnessed double digit growth every year in Pakistan. “Profits of our customer companies also increased as they expanded and achieved export targets due to the implementation of digital solutions.”
“Digital transformation could help create a larger international footprint for Pakistan,” he said.
Published in The Express Tribune, September 22nd, 2022.
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