Baan Corporation
| Private | |
| Industry | Software |
| Fate | acquired by SSA Global Technologies, now part of Infor Global Solutions |
| Founded | Barneveld, Netherlands, (1978) |
| Defunct | July 2003 |
| Headquarters | key_people = Jan Baan,Paul Baan,Laurens van der Tang |
| Products | ERP |
Baan was a vendor of enterprise resource planning (ERP) software that is now owned by Infor Global Solutions.
Baan or Baan ERP was also the name of the ERP product created by this company.
The Baan Corporation was created by Jan Baan in 1978 in Barneveld, Netherlands, to provide financial and administrative consulting services. With the development of his first software package, Jan Baan and his brother Paul Baan entered what was to become the ERP industry. The Baan company focused on the creation of enterprise resource planning (ERP) software.
Jan Baan developed his first computer program on Durango F-85 computers in BASIC language. In the early '80s, Baan Company began to develop application on Unix computers with C and self-developed Baan-C language, whose syntax was very similar to BASIC language.
Baan gained its popularity in the early nineties. Baan software is famous for its Dynamic Enterprise Modeler (DEM), technical architecture and its 4GL language. Baan 4GL and Tools nowadays is still considered to be one of the most efficient and productive database application development platforms. Baan became a real threat to market leader SAP after winning a large Boeing deal in 1994. It went IPO in 1995 and became a public listed company in Amsterdam and US Nasdaq. Several large consulting firms throughout the world partnered to implement Baan IV for multi-national companies. It acquired several other software companies to enrich its product portfolio, including Antalys, Aurum, Berclain, Coda and Caps Logistics. Sales growth rate was once claimed to reach 91% per year.
However the fall of the Baan Company began in 1998. The management exaggerated company revenue by booking "sales" of software licenses that were actually transferred to a related distributor. The discovery of this "creative" revenue manipulation led to a sharp decline of Baan's stock price at the end of 1998.
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