Newsbyte: EUR 20 Million Expansion of SAP Labs Latin America to Add 500 New Jobs
SAO LEOPOLDO, Brazil, July 16, 2012 /PRNewswire/ -- SAP AG (NYSE: SAP) today announced the expansion of the SAP Labs location in Latin America with the construction of an additional sustainable, LEED-certified building that had the capacity to accommodate 500 additional employees. Located adjacent to the first office at the Technology Center of Unisinos in Sao Leopoldo, Brazil, the new facility is expected to open in August 2013. The total value of SAP investments in SAP Labs Latin America will be approximately EUR20 million.
The expansion comes three years after the inauguration of the first phase, completed in 2009 with an investment of nearly EUR15 million. SAP Labs Latin America focuses on serving the region with the localization of solutions; product support across Latin and North America; training and support for partners in Latin America; and the development of specific solutions for SAP customers in the region.
"Latin America is a very important region for SAP's growth, and the expansion of our development lab will strengthen our ability to support customers looking to gain competitiveness through innovation and efficient management," said Stefan Wagner, managing director, SAP Labs Latin America. "We are also opening up new avenues of opportunity for local talent by providing an inspiring workplace that encourages collaboration and innovation."
In Brazil, SAP has been delivering innovation to more than 4,000 local customers of all sizes and industries for 17 years. Named one of the best companies to work for by EXAME magazine, SAP's success relies on the intellectual capital of the communities in which it operates, be it business partners, customers or employees.
"With this investment in the expansion, SAP restates its commitment to Brazil and the delivery of innovative solutions to our customers," said Luis Cesar Verdi, managing director, SAP Brazil. "We believe there are good opportunities for growth in enterprise mobility, cloud computing, analytics, applications and databases."
In order to minimize the impact on the environment, SAP will again follow sustainable design and building principals according to the gold certification of sustainability of the LEED Institute. Built primarily of sustainable building materials with low environmental degradation, such as concrete, glass and wood, the facility will have water reuse capabilities, smart energy consumption meters, high indoor environment quality standards and environmentally safe waste disposal facilities.
SAP Labs Latin America is part of the SAP Labs network, made up of 15 locations around the world. Each SAP Labs location has a strong focus on research and innovation and significantly contributes to the development of SAP products and technologies.
SOURCE SAP AG