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SAP Co-CEO Bill McDermott on global company growth and new software that is expected to change the company's future.
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Capital.
All estimates have cloud computing -- fourteen million jobs by 2015.
More than half.
Going to small and medium sized businesses -- how companies.
Get to the cloud nine a job growth and what companies are able to take advantage of all of this business suffered.
SAP as one of them I'm pleased to be -- -- our first on Fox Business interview with 'cause CEO bill would -- that bill McDermott is gonna see you felt.
Thank you -- good to see you to first question do I know ignore in Washington and you're speaking with the council of -- relations but that.
But the but the focus here is small and medium size business.
Growth.
What was the focus of today's meeting.
Well the impact of technology.
On business and job creation if you.
Think about the world economy in this massive move to mobilization.
Just look at Arab Spring as an example.
Look at the tsunami incident in Japan.
Mobile ties together people it creates communication it creates opportunity.
The cloud also is a great -- to -- -- in to mediate the expense that goes to hardware and services instead of innovation.
And we talked a lot about software and how it connects business to business business to consumer and it generates revenue.
The big trick for jobs is to create growth.
All right we we're showing a graphic to our viewers about growth in hiring plans press if you let's talk about that you have been on -- hiring terror.
Hiring globally -- -- in the first quarter of 2012.
What is fueling the growth right now -- hiring goes for SAP and what types of positions -- trying to falling now.
Well we got a couple of things in mind one is you know you have to do when you are growing.
Go after the areas to customers care the most about.
Customers care a lot about mobilizing their enterprises they care a lot about managing big data.
Because data is doubling in the world every eighteen months and processing that information.
At breathtaking speed to create visibility and transparency so good decisions are made is a hyper growth area and of course.
Things are moving to the cloud and a sensible way so cost can come out and innovation can go off.
And our people whether -- in sales there and research and development.
What is simply -- services helping the customer make this change the way the jobs are and we moved 3000 jobs forward in the first quarter this year.
All right let's talk about another exciting thing that's happening -- here and now this has affected the company is growing globally and that's the business software.
That is really did it take you head to head with Oracle it's called Honda explain -- to our viewers what this software is gonna do -- house can actually change the future of us it.
Well if you think about a user on a mobile device you look up information on Google and you want instant response.
It's no different for businesses unfortunately.
They have very complex legacy infrastructures today.
And a lot of that information.
Is unnecessarily stored on disk or even tape.
What Honda enables you to do is bring all of your data into main memory.
So you can process -- -- breathtaking speeds.
And you can get the information you need just in time actually immediately.
Things that would take days or weeks to do -- now happening at sub second speed so it's a combination of getting the data in one place so you can Google it essentially get any information you want and and get it.
So fast.
It's so it's a personal filing cabinet almost right for companies I mean what what would have taken a week to look up.
Within your database how many pencils that I sell last year you can deal -- and a second cracked.
Absolutely it absolutely is a matter of fact the other piece that's powerful about it it's not only structured information but it's also unstructured information.
So many companies today care a lot about their consumer what is their consumer think of them what are the tweets looking like what's happening.
In the Internet what's happening on FaceBook.
C get the structured and the unstructured data at breathtaking speeds and it's so cloud enabled that it's easy for any company to adopt it.
Well -- -- I know the -- a quiet period ahead earnings they got to ask -- again going to this Oracle question.
The fact that really mean -- he used to have your apps run on Oracle databases that's going to weigh.
Well we have no you know quarrel with our apps running on anyone's databases because were open.
And we provide our customers all the choices that they need.
However we have a fundamental belief that -- Is the best way to displace the complexity of that heavy cost -- infrastructure.
And the best way to process information.
At speeds that he had 24 -- impossible.
Our competitors talk about running ten or twenty times faster.
We have companies all over the world running on -- 100000.
Times faster so it's a form factor of speed.
It's running your business better and is doing it at a much lower cost than you can with the alternative.
-- at a market cap a 78 billion dollars -- figured in something right right now bill McDermott SA because CEO bill great to have you on the show again good to see you.
Thank you -- great seeing you.
