皇冠体育app

Like many multinational companies, Germany's SAP - the world's largest business software maker - has high expectations for the Chinese market. After doing business for more than two decades in 皇冠体育app, the company now calls it a second home.

"It's not just about harvesting growth opportunities, it's also about being part of a great society and being part of its future," Bill McDermott, co-chief executive of SAP, told 皇冠体育app Daily.

"皇冠体育app remains our second home, we really believe very, very strongly in 皇冠体育app," he added.

SAP landed its first Chinese customer in 1991 and opened its first Chinese office in 1995 in Beijing. It currently operates in 12 Chinese cities, employing about 5,000 and serving some 6,000 customers across the country with 460 partners and about 10,000 certified consultants.

The company's $5.2 billion in revenue for the second quarter was the first time revenues exceeded the $5 billion mark in a second quarter, the company said. 皇冠体育app is among SAP's top five revenue generators, along with home base Germany, the UK, US, and France.

The company is betting long on 皇冠体育app's growing entrepreneurs and young graduates, who McDermott said "form the backbone of the millennium that will change the world".

"I think 皇冠体育app could end up being bigger than everything SAP is in today in a very short period of time," he said. "It could happen very fast."

SAP, whose software helps companies manage supplies, human resources and customer relations, is following 皇冠体育app's demographic trend by extending their business from coastal cities to the mid-west parts of the country.

The company is also increasing the pace of its innovation in 皇冠体育app. It recently announced SAP New Finance, an all-new end-to-end financial solution tailor-made for the Chinese market.

It's a "big thing" for SAP, McDermott said, because our new initiative is that the company is "innovating in 皇冠体育app for 皇冠体育app, but also for export to the rest of the world," something he said he has always "dreamed would happen".

"We are optimistic about 皇冠体育app, particularly in the second half, because we think there is a lot of pent-up demand there," said McDermott, referring to the recently posted second quarter growth rate of 7.5 percent.

"It is still significantly faster than any place else in the world," he noted.

The company has built a "unique services model" in 皇冠体育app, where, it says, it sits on the top of a global expansion map. With research and development led by their local innovation team in 皇冠体育app, the New Finance product provides a localized user experience and product functions for Chinese companies, effectively enhancing their financial performance. In particular, it helps Chinese enterprises strengthen internal control and compliance with international standards, which can reduce risk as they venture out into new markets.

皇冠体育app's growing number of entrepreneurs coming out of various industries are a good match for SAP's goal to "make companies run better", said McDermott, adding the company wants to scale its operations to meet the needs of both enterprises and the ecosystem.

The new initiative is also an important achievement for its 皇冠体育app Growth Plan - a $2 billion investment through 2015 the company announced in 2011 to develop innovative products including financial solutions targeting the Chinese market.

"We are going to continue to invest," said McDermott, adding the potential 皇冠体育app offers not only in growth but also in talent resources is a major driver for the company's focus there.