Self-Description

As a market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 296,000 customers in 190 countries to operate profitably, adapt continuously, and grow sustainably.

Primary Company Info

Headquarters:
Walldorf, Germany
Country:
Germany
Year Founded:
1972
Website:
Active Markets:
Global

NC Company Overview

SAP is a technology company that focuses largely on enterprise resource planning (ERP) software solutions for businesses and industries across a wide range of sectors. With a modular approach that enables businesses to incorporate the features of SAP required to run their business effectively, SAP has become a range of solutions that many of the world’s biggest businesses rely upon. SAP offers solutions for every aspect of enterprise level business, including financial control, HR, manufacturing, procurement, marketing, supply chain, logistics, and services. With its most recent generation, SAP HANA, SAP has also moved towards a cloud computing based approach, leveraging the inherent technological advantages of cloud-based software. SAP also has strategic plans to increase focus on technologies like AI, machine learning, internet of things (IoT), and blockchain. SAP, based in Walldorf, Baden-Wurttemberg, Germany, has been in operation since 1972. It has gone on to become the third largest software company in the world and has acquired many other development companies over time to add new knowledge and technology into its enterprise solutions. As of April 2019, SAP has over 88.5k employees around the world and is the most valuable business in Germany, valued at 128 billion USD in December 2018.