Though SAP is German, and this brilliant fellow is based in India, they should be careful. These kinds of statements suggest a more widespread policy of overt age discrimination at SAP, which is illegal in the US, among other countries. SAP should release a statement disowning this rant.
Imagine: 'My experience is that race X is generally not as productive as race Y, so I prefer not to hire anyone of race X'. Also, gender F tends to go on maternity leave and not come back, so I prefer to hire gender M. Unacceptable.