PROCUREMENT NEWS

United States : SAP to spend $450 MILLION in MENA region by 2015

Published 16 Mar 2012

Germany-based business software maker, SAP announced that it plans to spend $450 million to enhance revenue in the Middle East and North Africa (MENA) region by 2015.

According to the company, the investment will enable it to achieve a 40% revenue growth for the region.

The company stated that it intends to employ 500 new employees across the MENA region and will also build a training institute to certify 2,000 consultants.

SAP specializes in enterprise resource planning software, which helps firms to manage finances, human resources and supply chain inventories.

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