SAP has launches launched new Labs location in Skolkovo, Russia and the SAP Labs CIS (Commonwealth of Independent States) location will begin operations in 2012 and expects to have 70 employees by the end of the year; 250 employees are targeted by 2015.
SAP Labs CIS will be located within the Skolkovo Innovation Center which is often referred to as the "Russian Silicon Valley."
SAP Labs location will focus on research and product development in the areas of "in-memory" databases, advanced analytics and mobile network security and also it will drive software localisation for customers in key CIS industries such as oil and gas, mining, public sector and banking.
In addition, SAP Labs locations have a strong focus on research and innovation and significantly contribute to the development of SAP products and technologies.
The new labs location will play an important part in further strengthening the SAP’s brand with local customers, partners and potential employees, said the company.
SAP Executive Board chief operating officer and member Gerd Oswald said Russia and the CIS region have a long and impressive heritage of excellence in science, engineering, mathematics and technology.
"SAP’s engagement in the Skolkovo project will allow us to better use the passion and skills of the local workforce and will be a key factor allowing us to deliver innovative solutions to our customers in Russia, the region and around the world," said Oswald.
