SINGAPORE--SAP said Asia Pacific installations to date increased 44 percent to 2,100 from the third quarter of last year. Half of these are in small and medium enterprises.
Sales for the third quarter increased to EUR 125 million, an increase of 51 percent over the same period last year. Such growth is expected to be sustainable for the fourth quarter, said Les Hayman, president and chief executive of SAP Asia Pacific.
"We have grown Asia Pacific sales by 18 percent in the first nine months. This is significant as it is a signal that Asia Pacific is starting to pull out and recover from the crisis," said Les Hayman, president and chief executive of SAP Asia Pacific.
The company sees the launch of mySAP.com as pivotal to continue its growth in the region. mySAP.com is a portal that provides SAP customers a marketplace for inter-company buying and selling, application hosting, training and technical support.
"There is also an awareness in Asia Pacific companies that [the Internet] has to be an integral part of their business," Hayman added.
In the region, it has closed a deal with the Monetary Authority of Singapore for SAP's online human resource services. Seagate Technology has also signed on to deploy mySAP.com's online human resource services in this region and at Seagate's manufacturing facilities in Singapore, Malaysia, China and Thailand.
Other customers include Philippines greeting card retailer and manufacturer Sterling Paper, India's largest engineering and construction conglomerate Larsen & Toubro, Reebok and Imperial Tobacco Company in Australia, The Commercial Press in Hong Kong and The Hour Glass and United Overseas Bank in Singapore.
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