SAP - An Innovate Business Software Company

"Innovation is life-blood for those who lead."

  

                                                                         -My Father

Introduction:

One of the most distinctive and striking feature of SAP, a business software provider of IT and business solutions and services, is growth by innovation. Established in 1972 by five former IBM employees – Dietmar Hopp, Hans-Werner Hector, Hasso Plattner, Klaus Tschira, and Claus Wellenreuthe by the name of S-A-P (Systems Applications and Product), it has followed only one thought pattern which has become its tradition - namely, innovation and growth. It is quite evident from the fact that in 1998 it came on the world's largest stock exchange, the New York Stock Exchange.

Clarity of Vision:

I was amazed by the clarity of its vision about its strategy, explained in depth in a very short and plain sentence, which goes as: Our vision is "to develop standard application software for real-time business processing." [1]

It is "world's leading provider of business software." It is interesting to note further is it's clarity about what business software is about. It says:

SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management, and supplier relationship management.

A Brief Introduction to Its Business:

Its introduces its business in these words:

SAP is the world's leading provider of business software, offering applications and services that enable companies of all sizes across more than 25 industries to become best-run businesses. With approximately 76,000 customers (including customers from the acquisition of Business Objects) in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP."

Business and Corporate Overview (U.S. GAAP)

Total Revenue €10,242 million (FY 2007) Software and Software-Related Service Revenue €7,427 million (FY 2007) Operating Income €2,732 million (FY 2007) Employees 51,860 (FTE at Sept 30, 2008) Customers More than 76,000 in over 120 countries Partners More than 2,400 certified partners Industry-Specific Solutions More than 25 (ranging from banking to public sector) R & D Investment €1,458 million / 14% of total revenue (FY 2007)

Its BusinessObject Portfolio:

SAP BusinessObject provides solutions through software, It and web-led tools and applications (real time business processing) to two kinds of enterprises and organizations:

1. Large Enterprises

2. Small and Mid-size Enterprises

Read a summary on its services and solution platforms here.

Its Industries:

SAP provides software and counsel services to a vast number of industries ranging from mining/oil and gas companies to public security and health & care institutions. Almost all kinds of service-oriented companies and industries are benefiting world-wide from its innovate IT-led solution systems.

It provides:

1. Financial and Public Services (banking, defense & security, insurance, etc)

2. Manufacturing (aerospace manufacturers, mill products, mining, oil & gas etc)

3. Service to other businesses like media, professional services, entertainment industry, distribution, travel & logistics, etc.

Read and see all the industries SAP serves here.

...................................................................................................................

For further and detailed information, please visit SAP's official website: http://www.sap.com/index.epx