Company type | Public company |
---|---|
ISIN | |
Industry | |
Founded | 1972Weinheim, West Germany | in
Founders |
|
Headquarters | , Germany |
Area served | Worldwide |
Key people | |
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 [2] |
SAP SE (/ˌɛs.eɪˈpiː/; 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]