SAP AG is the world's leading enterprise resource planning software vendor.
| FactSnippet No. 548,011 |
50 Facts About SAP AG
2.
SAP AG is the largest non-American software company by revenue, the world's third-largest publicly traded software company by revenue, and the second largest German company by market capitalization.
| FactSnippet No. 548,012 |
3.
SAP AG is headquartered in Walldorf, Baden-Wurttemberg, Germany with regional offices in 180 countries.
| FactSnippet No. 548,013 |
4.
SAP AG has over 425, 000 customers in over 180 countries and is a component of the Euro Stoxx 50 stock market index.
| FactSnippet No. 548,014 |
5.
In 1995, SAP AG was included in the German stock index DAX and, on 22 September 2003, SAP AG was included in the STOXX Europe 50.
| FactSnippet No. 548,015 |
6.
On 7 July 2014, SAP AG announced it had changed its legal form to a European Company.
| FactSnippet No. 548,016 |
7.
Since 2012, SAP AG has and acquired several companies that sell cloud-based products, with several multi-billion-dollar acquisitions seen by analysts as an attempt to challenge competitor Oracle.
| FactSnippet No. 548,017 |
8.
In 2016 SAP AG bought Concur Technologies, a provider of cloud-based travel and expense management software, for $8.
| FactSnippet No. 548,018 |
9.
Likewise, in 2015, SAP AG partnered with HPE to provide secure hybrid cloud-based services running the SAP AG platform.
| FactSnippet No. 548,019 |
10.
SAP AG has announced additional partnerships with Microsoft in order to give customers tools for data visualization, as well as improved mobile applications.
| FactSnippet No. 548,020 |
11.
SAP AG exceeded its revenue projections due to the expansion in its cloud business and the success of SAP AG HANA.
| FactSnippet No. 548,021 |
12.
Since 2017, SAP AG is a founding member of the EU Cloud Code of Conduct.
| FactSnippet No. 548,022 |
13.
Since May 2021 SAP AG has listed selected Cloud Service adherent to the EU Cloud Code of Conduct as one of the first Cloud Service Providers.
| FactSnippet No. 548,023 |
14.
On 29 January 2019, SAP AG announced plans to cut approximately 4, 000 positions at the company in a strategic plan to shift to more modern cloud-based technologies such as blockchain, quantum computing, machine learning, Internet of Things, and artificial intelligence.
| FactSnippet No. 548,024 |
15.
SAP AG brought its products, organizational units and the sales network into the business and holds 20 percent of the shares.
| FactSnippet No. 548,025 |
16.
Fiscal year 2017, SAP AG reported earnings of €4 billion, with an annual revenue of €23.
| FactSnippet No. 548,026 |
17.
SAP AG's shares traded at over US$105 per share, and its market capitalization was valued at US$128 billion in December 2018.
| FactSnippet No. 548,027 |
18.
In 2022, SAP AG was the second most valuable company in Germany by market capitalisation.
| FactSnippet No. 548,028 |
19.
SAP AG focuses on 25 industries and six industry sectors: process industries, discrete industries, consumer industries, service industries, financial services and public services.
| FactSnippet No. 548,029 |
20.
SAP AG has positioned Enterprise SOA to deliver the benefits offered by service-oriented architecture, including enabling both flexibility and business efficiency.
| FactSnippet No. 548,030 |
21.
SAP AG has partnered with Apple to work on the mobile experience for SAP AG enterprise customers.
| FactSnippet No. 548,031 |
22.
In 2019, SAP AG announced a three-year partnership "Embrace" with Microsoft that should allow its clients to move their business process into the cloud, although significant portions of that partnership were reduced to two years.
| FactSnippet No. 548,032 |
23.
In 2020 SAP AG announced that together with Wipro it will co-develop and market "solutions for the retail and fashion industry.
| FactSnippet No. 548,033 |
25.
SAP AG uses a two-tier structure of boards, with an executive board and a supervisory board.
| FactSnippet No. 548,035 |
26.
SAP AG Labs are research and development locations that develop and improve SAP AG core products.
| FactSnippet No. 548,036 |
27.
SAP AG Labs are strategically located in high-tech clusters around the globe.
| FactSnippet No. 548,037 |
28.
At the beginning, the focus of SAP AG's expansion was entering highly developed IT markets; in 1993, Palo Alto became a part of SAP AG Labs.
| FactSnippet No. 548,038 |
29.
SAP AG provoked controversy and frustration among its users in 2008 by raising the cost of its maintenance contracts.
| FactSnippet No. 548,039 |
30.
SAP AG is in partnership with Cloud Foundry for a beta offering of SAP Cloud Platform that enables customers to test out and give feedback for the functionalities coming with Cloud Foundry.
| FactSnippet No. 548,040 |
31.
In 2016, SAP AG introduced SAP AG HANA, Express Edition which is meant to run on personal computers or on cloud computing platforms for students and other small-scale developers.
| FactSnippet No. 548,041 |
32.
SAP AG Enterprise Learning is a learning management system, for large and medium-sized enterprises, from SAP AG, and it contains a virtual learning room feature powered by Adobe Connect.
| FactSnippet No. 548,042 |
33.
SAP AG uses this for delivering online training as a Learning on Demand offering; some of this content is freely available as e-books or simulations.
| FactSnippet No. 548,043 |
34.
SAP AG has a book on this subject, available since June 2009.
| FactSnippet No. 548,044 |
35.
SAP AG launched the SAP AG Store in March 2015 as its principal e-commerce property to allow customers to buy its products directly on the Web rather than through traditional sales channels.
| FactSnippet No. 548,045 |
36.
SAP AG competitors are primarily in the enterprise resource planning software industry.
| FactSnippet No. 548,046 |
37.
In December 2009, SAP AG delayed its Enterprise Support price rises until agreement had been reached on the benchmarks and KPIs.
| FactSnippet No. 548,047 |
38.
In January 2010, SAP AG reversed its direction on Enterprise Support and reintroduced its standard support package for customers.
| FactSnippet No. 548,048 |
39.
SAP AG has donated several millions of dollars to a variety of global health causes including the Product Red campaign and the Global Fund.
| FactSnippet No. 548,049 |
40.
SAP AG encourages employees to volunteer through social sabbaticals, sending teams of people to different countries to aid non-profits.
| FactSnippet No. 548,050 |
41.
SAP AG employees have volunteered in China, India, Brazil, and South Africa.
| FactSnippet No. 548,051 |
43.
SAP AG ambassadors include German tennis player Angelique Kerber, German eventing rider Ingrid Klimke, and South African golfers Ernie Els, Gary Player and Branden Grace.
| FactSnippet No. 548,053 |
44.
In 2021, SAP AG admitted in a United States court that it exported software to firms in Iran, contrary to US sanctions against Iran, which led to a fine of $8 million.
| FactSnippet No. 548,054 |
46.
An anonymous whistle-blower claims, through a firm of attorneys, that SAP AG used Twenty Third Century Systems to bribe officials at the Tanzania Ports Authority (TPA) to win a US$6.
| FactSnippet No. 548,056 |
47.
In July 2017, allegations were made that SAP AG had been involved in business transactions with the controversial and politically influential Gupta family in South Africa.
| FactSnippet No. 548,057 |
48.
SAP AG denied the allegations, claiming that the money was paid as "an extension of the sales force", despite CAD House having no prior SAP AG experience.
| FactSnippet No. 548,058 |
49.
SAP AG's then complained and was placed under "performance management" - a pre-cursor to being asked to leave the company.
| FactSnippet No. 548,059 |
50.
Several female executives, including the Co-CEO left the company, adding to concerns that women were negatively treated, despite SAP AG then hiring several other senior women from Microsoft.
| FactSnippet No. 548,060 |