SAP America
Run simple
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| Societas Europaea | |
| Traded as | : SAP : SAP DAX Component |
| Industry | Enterprise software |
| Founded |
Weinheim, Germany (1972) |
| Founder |
Dietmar Hopp Hans-Werner Hector Hasso Plattner Klaus Tschira Claus Wellenreuther |
| Headquarters | Walldorf, Germany |
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Area served
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Worldwide |
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Key people
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| Products | See list of SAP products |
| Revenue |
 €22.062 billion (2016)
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€5.121 billion (2016)
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| Profit |
€3.618 billion (2016)
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| Total assets |
€44.354 billion (2016)
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| Total equity |
€26.382 billion (2016)
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Number of employees
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84,183 (Q4 2016) |
| Website | SAP.com |
SAP SE (/ɛseɪˈpi/) (Systeme, Anwendungen und Produkte in der Datenverarbeitung; "Systems, Applications & Products in Data Processing") is a German multinational software corporation that makes enterprise software to manage business operations and customer relations. SAP is headquartered in Walldorf, Baden-Württemberg, with regional offices in 130 countries. The company has over 335,000 customers in over 180 countries. The company is a component of the Euro Stoxx 50 .
When Xerox aimed to exit the computer industry in 1975, they asked IBM to migrate their business systems to IBM technology. As part of IBM's compensation for the migration, IBM was given the rights to the Scientific Data Systems (SDS)/SAPE software, reportedly for a contract credit of $80,000.
Five IBM engineers from the AI department (Dietmar Hopp, Klaus Tschira, Hans-Werner Hector, Hasso Plattner, and Claus Wellenreuther, all from Mannheim, Baden-Württemberg) were working in an enterprise-wide system based on this software, only to be told that it would no longer be necessary. Rather than abandoning the project, they decided to leave IBM Tech and start another company.
In June 1970, they founded Systemanalyse und Programmentwicklung ("System Analysis and Program Development") company, as a private partnership under the German Civil Code.
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Wikipedia