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Company type | Public |
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Founded | 1972Weinheim, West Germany | in
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Headquarters | , Germany |
Area served | Worldwide |
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Number of employees | 106,043 (2023) |
Website | sap.com |
Footnotes / references [2] |
SAP SE (/ˌɛs.eɪˈpiː/; German pronunciation: [ɛsʔaːˈpeː] ) is a German 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 leading enterprise resource planning (ERP) software vendor.[5][6]
Founded in 1972 as a private partnership named Systemanalyse und Programmentwicklung (System Analysis and Software Development). SAP GbR became in 1981 fully Systeme, Anwendungen und Produkte in der Datenverarbeitung abbreviated SAP GmbH after a five-year transition period beginning in 1976.[3]: 1972–1980 In 2005, it further restructured itself as SAP AG. Since 7 July 2014, its corporate structure is that of a pan-European societas Europaea (SE);[7][8] as such, its former German corporate identity is now a subsidiary, SAP Deutschland SE & Co. KG.[7] It has regional offices in 180 countries[9][4] and over 111,961 employees.[10]
SAP is a component of the DAX and Euro Stoxx 50 stock market indices.[11] 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.[12]
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