SAP’s India cloud growing over 50%, to focus on smaller businesses: India MD

India is one of the fastest growing markets for SAP, Europe’s biggest technology company by market capitalisation, with its cloud revenues rising at more than 50% a year with increasing adoption from mid-market enterprises, its top India executive said.

“To give you a directional view, our cloud business is actually growing at about greater than 50-60%…because our base is (small and) increasing,” Manish Prasad, president and managing director of SAP Indian Subcontinent, told ET.