Concur to Expand Business in China

Preferisci Informazione.News su Google

Photo - http://photos.prnewswire.com/prnh/20161201/444581
Logo - http://photos.prnewswire.com/prnh/20151103/283657LOGO

Today, China is the world's largest market for business travel. GBTA research shows that China's business travel market reached $291.2 billion in 2015, a year-over-year increase of 11.4 percent, and surpassed the U.S. market of $289.8 billion.¹ In addition, the wide adoption of new technologies, including cloud computing, big data and mobile technology, is driving Chinese companies to digitize their businesses as they grow organically and through acquisitions.

To address the China marketplace, Concur will build upon the services it delivers today to a number of Chinese companies. Concur's investment in its China Expansion Plan demonstrates the company's commitment to providing integrated travel and expense management services to a broad range of fast-growing Chinese multi-national companies. Highlights include:

"China represents an enormous market opportunity, and we look forward to expanding the services we already offer multinational Chinese companies," said Mike Eberhard, Concur Global President. "China DataCom Corporation enables us to provide the best travel and expense management services for Chinese companies in the cloud. This is only the beginning as Concur will continue to invest in localization, globalization and digital transformation, working through CDC and other partners together in China to support Chinese companies both locally and abroad," he added.

"As a joint venture between SAP and China Communications Services Co., Ltd., CDC is an important cloud service provider in China possessing a safe, standardized and efficient cloud service system," said Chen Xiaomin, General Manager of China DataCom Corporation. "Through this partnership, we will enable Concur's cloud-based products to deliver the world's leading applications and first-class localized services to more Chinese companies."

About Concur

Concur, an SAP company, imagines the way the world should work, offering cloud-based services that make it simple to manage travel and expenses. By connecting data, applications and people, Concur delivers an effortless experience and total transparency into spending wherever and whenever it happens. Concur services adapt to individual employee preferences and scale to meet the needs of companies from small to large, so they can focus on what matters most for their businesses. Learn more at www.concur.cn.

CONTACT: [email protected]

¹ GBTA BTI Outlook – China 2016H2, GBTA Foundation, October 2016