SAP

SAP SE is a German multinational software company based in Walldorf, Baden-Württemberg. It develops enterprise software to manage business operation and customer relations. The company is the world's leading enterprise resource planning (ERP) software vendor.
sap

Some of the key events about SAP

  • 1972
    Founded as "System Analysis and Program Development" in Mannheim, Germany
  • 1977
    Launched R/1, its first standard software product
  • 1979
    Released R/2, a mainframe-based enterprise software system
  • 1992
    Introduced R/3, a client-server based enterprise resource planning (ERP) software
  • 1996
    SAP faced criticism for its complex and expensive R/3 software system implementation process
  • 1999
    Launched mySAP.com, integrating e-commerce solutions with ERP
  • 1999
    The company was accused of anticompetitive practices in the enterprise software market
  • 2004
    Released NetWeaver, an open integration and application platform
  • 2007
    SAP subsidiary TomorrowNow was sued for copyright infringement and illegal downloading of Oracle software
  • 2010
    Acquired Sybase, expanding its mobile and database technology offerings
  • 2010
    SAP agreed to pay $1.3 billion in damages to Oracle over the TomorrowNow lawsuit
  • 2011
    Introduced SAP HANA, an in-memory database platform
  • 2012
    Launched SAP Cloud Platform, enabling cloud-based application development
  • 2012
    The company was criticized for its slow adoption of cloud computing technologies
  • 2015
    SAP faced a class-action lawsuit over alleged gender discrimination in pay and promotions
  • 2016
    The company was fined $3.9 million by the SEC for violating the Foreign Corrupt Practices Act in Panama
  • 2018
    SAP admitted to misconduct in South Africa related to state contracts with Gupta-linked companies
  • 2019
    Acquired Qualtrics, entering the experience management software market
  • 2020
    The company faced backlash for continuing business operations in Russia after the invasion of Ukraine
  • 2022
    SAP agreed to pay over $220 million to resolve bribery investigations in seven countries

Disclaimer: This material is written based on information taken from open sources, including Wikipedia, news media, podcasts, and other public sources.

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