SAP was founded in 1972 by five former IBM engineers in Mannheim, Germany. Originally, the company started with the goal of providing business software solutions to automate business processes. Over time, it evolved into one of the largest and most successful enterprise software companies in the world, serving millions of businesses across various industries.
As of December 31, 2024, SAP employed approximately 109,973 people worldwide, reflecting a 2.2% increase compared to 2023.
In 2024, SAP reported total revenue of €34.18 billion, marking a 10% increase compared to the previous year.
SAP S/4HANA is the flagship ERP solution offered by SAP. It is designed to help businesses run their core operations in real-time, with capabilities that cover finance, supply chain, human resources, and more. Built on the SAP HANA in-memory database, S/4HANA delivers real-time data processing and advanced analytics, helping businesses make faster and more informed decisions.
SAP operates in over 180 countries, providing enterprise software solutions to businesses worldwide. The company has a global presence, with offices, partners, and customers in virtually every region. This extensive reach allows SAP to support a diverse customer base, offering tailored solutions for local business needs while maintaining a global standard of excellence.
SAP went public in 1988, offering its shares on the Frankfurt Stock Exchange. This was a major step in the company’s growth, allowing it to expand its operations globally. The IPO helped raise capital for further investment in research and development, which has contributed to SAP’s success as a leader in the enterprise software market.
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