Infosys NSE -1.06 % said enterprise software maker SAP’s 2022 deadline for a majority of its clients to shift operations to the cloud was “ambitious”.
The second largest Indian IT services provider gets a significant chunk of revenue by implementing SAP’s enterprise resource planning and other software for the German company’s clients.
SAP a few years ago had set a deadline of end of 2022 for moving ERP solutions from on-premise servers to the cloud. “This move from SAP or any ERP provider to cloud is very strategic, but it is also complex and typically these journeys are multi-year. As SAP is stating that it will end by 2022 — probably it is very ambitious and in fact I think by this time most enterprises would have started the migration and are in the middle of their journey,” Infosys chief operating officer Pravin Rao said on an analyst call last week.
Submitted November 17, 2020 at 09:38AM by nasirbobby https://ift.tt/36GxcoK via TikTokTikk
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