8 Reasons Why GCCs gain Momentum

Why SAP’s recent actions spotlight the importance of Indian Tech Hubs.

Last week, SAP’s Supervisory and Executive Board both met in Bangalore. Spending most of the week at its second largest R&D Center globally, the gesture confirms one thing: the still misunderstood opportunity of Indian Tech Hubs.

So why India?

Zinnov recently shared 8 reasons why Indian Global Capability Centers (GCCs) gain further momentum and are growing both in numbers and scale:

1️⃣ Access to a Diverse Talent Pool
2️⃣ Cost Optimization and Efficiency
3️⃣ Proximity to Emerging Markets
4️⃣ Accelerated Innovation and Collaboration
5️⃣ Risk Mitigation and Business Continuity
6️⃣ Enhanced Scalability and Flexibility
7️⃣ Compliance and Governance
8️⃣ Competitive Edge in Talent Retention

One key driver is access to Talent and accelerated Innovation and Collaboration.

As per Christian Klein, SAP’s CEO: “The teams here work on every product in our portfolio, also playing a key role in the success of SAP BusinessAI and the development of our AI use cases.”

The teams are embedded in SAP’s global engineering pipeline and actively drive innovation in cutting edge services of its products. A testament to GCCs' evolution to innovation leaders and their growing importance for multinational business moving forward. In my view, crucial to know for business and real estate leaders alike.

What are your thoughts?


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Sources: SAP, Christian Klein’s LinkedIn Post, Zinnov - Link to Article

Link to original LinkedIn Post.

India, Real Estate, Tech Park, GCC, Technology