The Economic Times
Global software firm Sage is planning to increase its presence in the Indian market and aims to triple its customer base to over 3,000 in the next two years.
Sage India, a subsidiary of UK-based business software solutions maker Sage Group Plc, expects to significantly enhance its reach in the country.
"We may see our customer base increasing to over 3,000 customers in the next two years from the current about 1,000 customers," Sage India Managing Director Thomas Abraham said.
We expect to substantially increase our penetration in the Indian market with new software releases, Abraham added.
Amid the downturn in the worldwide, Sage India's global parent is optimistic about the company's future in a developing market like India as its strong domestic demand can drive economic growth.
"Our global parent is bullish about the growth in the country. We see a good revenue growth this year driven by domestic demand," he said.
The company has launched a payroll software 'Sage Pocket' designed for small and medium businesses to aid in their salary-related operations. The software comes in two versions- professional and premium- along with online modules available as add-ons.
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