SAP
German multinational enterprise-software company / From Wikipedia, the free encyclopedia
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SAP SE (/ˌɛs.eɪˈpiː/; German pronunciation: [ɛsʔaːˈpeː] ⓘ) is a German multinational software company based in Walldorf, Baden-Württemberg. It develops enterprise software to manage business operations and customer relations.[2][3] The company is the world's leading enterprise resource planning (ERP) software vendor.[4][5] Apart from ERP software, the company also sells database software and technology (particularly its own brands), cloud-engineered systems, and other ERP software products, such as human capital management (HCM) software, customer relationship management (CRM) software (also known as customer experience), enterprise performance management (EPM) software, product lifecycle management (PLM) software, supplier relationship management (SRM) software, supply chain management (SCM) software, business technology platform (BTP) software and programming environment SAP AppGyver for business.
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Company type | Public (Societas Europaea) |
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ISIN | |
Industry | |
Founded | 1972; 52 years ago (1972) in Weinheim, West Germany |
Founders |
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Headquarters | , Germany |
Area served | Worldwide |
Key people |
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Products | |
Services | |
Revenue | €31.207 billion (2023) |
€5.785 billion (2023) | |
€5.928 billion (2023) | |
Total assets | €68.291 billion (2023) |
Total equity | €43.365 billion (2023) |
Number of employees | 106,043 (2023) |
Website | sap.com |
Footnotes / references [1] |
Founded in 1972 as a private partnership named Systemanalyse und Programmentwicklung (literally System Analysis and Software Development). SAP GbR became in 1981 fully Systeme, Anwendungen und Produkte in der Datenverarbeitung abbreviated SAP GmbH after a five-year transition period beginning in 1976.[2]: 1972–1980 In 2005, it further restructured itself as SAP AG. Since 7 July 2014, its corporate structure is that of a pan-European societas Europaea (SE);[6][7] as such, its former German corporate identity is now a subsidiary, SAP Deutschland SE & Co. KG.[6]
SAP is headquartered in Walldorf, Baden-Württemberg, Germany, with regional offices in 180 countries.[8][3] The company has over 111,961 employees in over 180 countries[9] and is a component of the DAX and Euro Stoxx 50 stock market indices.[10] The company is the largest non-American software company by revenue and the world's third-largest publicly traded software company by revenue. As of December 2023, SAP is the largest German company by market capitalization.[11]