SAP SE

What is SAP?

SAP stands for Systems, Applicants and Products in data processing was started in 1972 by five former IBM employees in Mannheim, Germany, states that it is the world's largest inter-enterprise software company and the world's fourth-largest independent software supplier, overall. SAP is headquartered in Walldorf, Baden-Württemberg, Germany, with regional offices in 130 countries. The company has over 300,000 customers in 190 countries.

Brief History

Since its inception SAP has issued several releases, such as SAP R/1, SAP R/2, and SAP R/3. The R in these releases stands for “Real-Time” data processing. The 3 in the R/3 stands for three-tier client-server architecture.

 

Year Released

SAP Release

1973

SAP R/1

End of 1970s

SAP R/2

1992

SAP R/3

1998

SAP R/3 Release 4.0B

1999

SAP R/3 Release 4.5B

1999

SAP R/3 Release 4.6B

2001

SAP R/3 Release 4.6C

2003

SAP R/3 Enterprise Release 4.7

2004

SAP ECC 5.0 ERP

2005

SAP ECC 6.0 ERP

2006

SAP ECC 6.0 ERP (Enhancement Package 1)

2007

SAP ECC 6.0 ERP (Enhancement Package 2)

2009

SAP Business Suite 7 (ERP 6, Enhancement Package 4)

2010

SAP ECC 6.0 ERP (Enhancement Package 5)

2012

SAP ECC 6.0 ERP (Enhancement Package 6)

2013

SAP ECC 6.0 ERP (Enhancement Package 7)

2015

SAP S/4 Simple Suite for Hana (S/4 Hana)

 

Focus on Cloud

Since 2012, SAP has acquired several companies that sell cloud-based courses, with several multibillion-dollar acquisitions seen by analysts as an attempt to challenge competitor Oracle. In 2014 SAP bought Concur Technologies, a provider of cloud-based travel and expense management software, for $8.3 billion, SAP's most expensive purchase to that date.

SAP S/4HANA

In 2015, the company launched SAP S/4HANA, the newest generation of the SAP Business Suite. It was written natively for the SAP HANA platform. It offers cloud, on-premises and hybrid deployment options to customers, with its benefits including a smaller data footprint, higher throughput, faster analytics and faster access to data. It also allows existing SAP Business Suite customers to upgrade to this product from SAP Business Suite.

Bill McDermott, CEO of SAP, compared the release of SAP S/4HANA to a "moonshot", describing it as the most important launch in the company’s history.