What is SAP?

What is SAP?

SAP is a market leading supplier of ERP (enterprise resource planning) systems to enterprise with revenues of approaching £24 billion annually.

SAP History

The German company originally named System Analysis Program Development (Systemanalyse Programmentwicklung) was formed in 1972 and has been tremendously successful. It is now an international technology company with headquarters in Walldorf, Germany, employing 105,000 staff around the world.

SAP made its name in the global ERP market with its original offerings, SAP R/2 and SAP R/3. Now it's moving to the next level with S4/HANA and the transition to cloud. High speed in-memory processing capabilities provided by S4/HANA users with great benefits with instant access to data for analytics.

SAP software already boasts millions of cloud users and over 25 modules or 100 solutions for managing business processes, one of the largest portfolios of integrated business applications.

SAP software is a suite of enterprise resource planning (ERP) applications that helps businesses of all sizes to manage their core business processes, such as accounting, finance, manufacturing, sales, and customer relationship management (CRM). SAP software is known for its integrated nature, which means that all of the different applications work together seamlessly to provide a single view of the business.

SAP software is used by businesses of all sizes in a wide range of industries, including manufacturing, retail, healthcare, financial services, and government. Some of the world's largest and most successful companies use SAP software, including Coca-Cola, BMW, and Siemens.

Enterprise resource planning or ERP is software that manages and integrates the key corporate activities of supply chain, financials, operations, commerce, reporting, manufacturing, customer relationship management and human resources.

These business processes used to be isolated which lead to obstruction of adoption or optimisation of business critical processes. SAP with its suite of products or business modules, brings these process together in SAP ERP Central Component (SAP ECC) the on-premise solution or the new school cloud offerings; S4/HANA, Business One and Business by Design.

S4/HANA Drive to Cloud Migration

SAP’s current drive for cloud migration and S4/HANA will maintain their position at the forefront of ERP business solutions. The global move to transform and adapt is not about to slow with the global ERP software market said to be worth a projected £52.25 billion by 2026.

Corporate Leadership

SAP may have been established over fifty years but it is currently led by one of the youngest CEOs Christian Klein who aged 41 is younger than any other German DAX enterprise.

He is on a clear mission to simply the development of SAP as a solution helping customers to benefit from a SaaS model closer to standard with faster upgrades and innovations. The future for SAP seems to be customers focused and in safe hands.

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