SAP

SAP SE
Company typePublic company
ISIN
Industry
Founded1972 (1972) in Weinheim, West Germany
Founders
Headquarters,
Germany
Area served
Worldwide
Key people
Products
Services
RevenueIncrease 31.207 billion (2023)
Increase €5.785 billion (2023)
Increase €5.928 billion (2023)
Total assetsDecrease €68.291 billion (2023)
Total equityIncrease €43.365 billion (2023)
Number of employees
106,043 (2023)
Websitesap.com
Footnotes / references
[2]

SAP SE (/ˌɛs.ˈp/; German pronunciation: [ɛsʔaːˈpeː] ) is a European multinational software company based in Walldorf, Baden-Württemberg, Germany. It develops enterprise software to manage business operation and customer relations.[3][4] The company is the world's largest enterprise resource planning (ERP) software vendor.[5][6]

Founded in 1972 as a private partnership named Systemanalyse und Programmentwicklung (System Analysis Program Development). SAP GbR became in 1981 fully Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications and Products in Data Processing) abbreviated SAP GmbH after a five-year transition period beginning in 1976.[7] In 2005, it further restructured itself as SAP AG.[citation needed] Since 7 July 2014, its corporate structure is that of a pan-European societas Europaea (SE);[3][8][9][10] as such, its former German corporate identity is now a subsidiary, SAP Deutschland SE & Co. KG.[9] It has regional offices in 180 countries[4][11] and over 111,961 employees.[12]

SAP is a component of the DAX and Euro Stoxx 50 stock market indices.[13] 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.[14]

  1. ^ "Supervisory Board SAP SE". SAP SE. Retrieved 19 May 2024.
  2. ^ "SAP Q4 2023 Quarterly Statement". SAP SE. Retrieved 4 February 2023.
  3. ^ a b "SAP Company History". SAP SE. Retrieved 25 October 2024.
  4. ^ a b "SAP Software, SAP Implementations, SAP Company Profile". Panorama Consulting Solutions. 15 February 2010. Retrieved 19 March 2019.
  5. ^ "SAP Chief to Leave as Software Giant Shakes Up Management". The New York Times. 10 October 2019.
  6. ^ "SAP: The World's Largest Provider of Enterprise Application Software" (PDF). SAP Global Communications. 28 April 2023. Retrieved 11 May 2023.
  7. ^ "The early years: 1972–1980". SAP SE.
  8. ^ "What is SAP?". SAP SE.
  9. ^ a b "SAP Now European Company (SE)". SAP News Center. SAP SE. 7 July 2014. Retrieved 11 July 2020.
  10. ^ "SAP SE - Germany - HRB719915". European e-Justice Portal European Commission. Retrieved 10 July 2020.
  11. ^ "SAP at a Glance: Company Information". Archived from the original on 29 June 2014. Retrieved 27 January 2015.
  12. ^ "SAP Corporate Fact Sheet". SAP. Retrieved 19 March 2019.
  13. ^ "Börse Frankfurt (Frankfurt Stock Exchange): Stock market quotes, charts and news". Archived from the original on 8 February 2019. Retrieved 22 October 2015.
  14. ^ "Apple bleibt wertvollstes Unternehmen: SAP und Siemens in den Top 100" (in German). FAZ.NET. 29 December 2023. ISSN 0174-4909. Retrieved 29 December 2023.

SAP

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