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.
Some of the key events about SAP
- 1972Founded as "System Analysis and Program Development" in Mannheim, Germany
- 1977Launched R/1, its first standard software product
- 1979Released R/2, a mainframe-based enterprise software system
- 1992Introduced R/3, a client-server based enterprise resource planning (ERP) software
- 1996SAP faced criticism for its complex and expensive R/3 software system implementation process
- 1999Launched mySAP.com, integrating e-commerce solutions with ERP
- 1999The company was accused of anticompetitive practices in the enterprise software market
- 2004Released NetWeaver, an open integration and application platform
- 2007SAP subsidiary TomorrowNow was sued for copyright infringement and illegal downloading of Oracle software
- 2010Acquired Sybase, expanding its mobile and database technology offerings
- 2010SAP agreed to pay $1.3 billion in damages to Oracle over the TomorrowNow lawsuit
- 2011Introduced SAP HANA, an in-memory database platform
- 2012Launched SAP Cloud Platform, enabling cloud-based application development
- 2012The company was criticized for its slow adoption of cloud computing technologies
- 2015SAP faced a class-action lawsuit over alleged gender discrimination in pay and promotions
- 2016The company was fined $3.9 million by the SEC for violating the Foreign Corrupt Practices Act in Panama
- 2018SAP admitted to misconduct in South Africa related to state contracts with Gupta-linked companies
- 2019Acquired Qualtrics, entering the experience management software market
- 2020The company faced backlash for continuing business operations in Russia after the invasion of Ukraine
- 2022SAP 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.
SAP Latest news
Popular
Native leader shares emotional story about historic Alaska Congress victory
Native Americans face complex path to ballot box in crucial swing states
Georgia judge makes last-minute change to mail-in ballot rules before election
Pentagon chief sends powerful military package to guard Middle East interests
