When Xerox exited the computer hardware manufacturing industry in 1971, it asked IBM to migrate its business systems to IBM technology. The company has over 111,961 employees in over 180 countries and is a component of the Euro Stoxx 50 stock market index. SAP is headquartered in Walldorf, Baden-Württemberg, Germany, with regional offices in 180 countries. Since 7 July 2014, its corporate structure is that of a pan-European societas Europaea (SE) as such, its former German corporate identity is now a subsidiary, SAP Deutschland SE & Co. : 1972–1980 In 2005, it further restructured itself as SAP AG. 'System Analysis and Software Development' SAP GbR), which in 1981 fully became Systeme, Anwendungen und Produkte in der Datenverarbeitung ( SAP GmbH) after a five-year transition period beginning in 1976. Historical references include Systems, Applications, and Products in Data Processing, SAP AG and SAP SE.įounded in 1972 as a private partnership named Systemanalyse und Programmentwicklung ( lit. 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. SAP is the largest non-American software company by revenue, the world's third-largest publicly traded software company by revenue, and the largest German company by market capitalization.
The company is the world's leading enterprise resource planning (ERP) software vendor. It develops enterprise software to manage business operations and customer relations. eɪ ˈ p iː/ German pronunciation: ( listen)) is a German multinational software company based in Walldorf, Baden-Württemberg.
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