202225 Nov

SAP Labs India bets big on sustainability solutions, launches startup accelerator cohort for 2023


Software major SAP Labs India is betting big on sustainability solutions and has invested in dedicated research and development (R&D) teams to build two new software products Product Footprint Management (PFM) and SAP Sustainability Control Tower for enterprises. We are investing a major chunk in sustainability,” said Sindhu Gangadharan, senior vice president and managing director of SAP Labs India. “From a regulatory point of view, we are seeing many customers want to be aware of their sustainability goals and work around it, that’s where SAP’s solutions play an important role,” Gangadharan said. The two offerings are presently used by enterprises globally including the US and the UK while SAP Labs is in active discussion with many steel, cement, oil and gas, and pharma industries to adopt the products into their systems. The acceleration has helped startups like Business-to-Business (B2B) e-commerce unicorn Moglix and AI firm Yellow.AI through their previous cohorts.

Source: Moneycontrol