Thursday, April 29, 2010

SAP CEO: India is getting expensive (Latest News)

Escalating personnel costs in India -- one of the world's largest markets for off-shore software development services -- have prompted business software vendor SAP to begin looking elsewhere for lower-cost, skilled programmers.

"India is slowly getting expensive," SAP Chief Executive Officer Henning Kagermann said in an interview published Monday in the German edition of the Financial Times. "We have decided to hire a certain number there, and then start looking at other locations."

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