<p> SAP India on Thursday launched the Gerhard Oswald Innovation Space in Bengaluru with a total investment of €50 million, as part of its effort to ramp up innovation. <br /><br />Interacting with media, Managing Director SAP Labs India and Executive Vice President Enterprise Cloud Services Dilipkumar Khandelwal said Gerhard Oswald Innovation Space will create work environment that promotes free-thinking, seeds bold ideas and creates opportunities for strong collaboration.<br /><br />“We are giving primacy to foster innovation. We have incorporated elements of both work and play in this facility,” he said.<br /><br />Can house 2,500 staff<br /><br />The facility, within the SAP Labs India campus, is spread across 5.15 lakh sq feet, and can accommodate over 2,500 of SAP Labs India’s employees.<br /><br />SAP India also announced that a new batch of 16 startups will join the SAP Startup Studio accelerator programme. <br /><br />The SAP Startup Studio, which was launched in June 2016 with a 75-seater incubator facility, will be expanded to 100 seats by the end of 2017.<br /><br />The second year batch of 16 startups are working on technologies such as artificial intelligence, cloud, machine learning and IoT across various business functions.<br /><br /></p>
<p> SAP India on Thursday launched the Gerhard Oswald Innovation Space in Bengaluru with a total investment of €50 million, as part of its effort to ramp up innovation. <br /><br />Interacting with media, Managing Director SAP Labs India and Executive Vice President Enterprise Cloud Services Dilipkumar Khandelwal said Gerhard Oswald Innovation Space will create work environment that promotes free-thinking, seeds bold ideas and creates opportunities for strong collaboration.<br /><br />“We are giving primacy to foster innovation. We have incorporated elements of both work and play in this facility,” he said.<br /><br />Can house 2,500 staff<br /><br />The facility, within the SAP Labs India campus, is spread across 5.15 lakh sq feet, and can accommodate over 2,500 of SAP Labs India’s employees.<br /><br />SAP India also announced that a new batch of 16 startups will join the SAP Startup Studio accelerator programme. <br /><br />The SAP Startup Studio, which was launched in June 2016 with a 75-seater incubator facility, will be expanded to 100 seats by the end of 2017.<br /><br />The second year batch of 16 startups are working on technologies such as artificial intelligence, cloud, machine learning and IoT across various business functions.<br /><br /></p>
