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. Last Updated: 07/27/2016

SAP May Add Russian Software Center

VIENNA -- SAP, the world's largest business-management software maker, may open a software development center in Russia to improve access to customers in the country, CEO Henning Kagermann said Sunday.

The Walldorf, Germany-based company may open the center in the next two to three years, Kagermann told journalists at a meeting in Vienna, before SAP's annual Sapphire customer conference, which started Monday.

"You have to distribute around the world for proximity to clients and in places where you feel you can attract the next generation of engineers," he said.

Almost 30 percent of SAP's 40,000 employees are software engineers at one of SAP's eight global laboratories. SAP, whose software helps companies manage tasks such as accounting and payroll, has accelerated investments to win smaller clients.

"If you look at R&D, we're now 65 percent of capacity in Walldorf," Kagermann said. "It's pretty good to see one third outside."

SAP aims to more than double its client base to 100,000 by 2010 by selling more software to smaller businesses. Its most recent product, codenamed A1S, belongs to a range of products targeting companies with less than $1 billion in revenue and fewer than 2,500 workers.