SAP Company Profile

Category: Business

SAP SE - a German software conglomerate is a leading player in the Enterprise software Industry. It builds enterprise software to manage business operations and customer relations. It is headquartered in Walldorf, Germany. Formerly known as SAP AG, the firm is a public limited company since the 2005 and changed its official name in 2014 to Societas Europaea or SE. It is the world's largest software business firm and the third-biggest independent software provider by revenue. The company carries its activities through On-Premise and Cloud. It has regional offices in 130 countries. It also operates in 115 subsidiaries, including Research and Development facilities in 13 countries. The firm focuses upon 25 industries and six industry sectors including process industries, discrete industries, consumer industries, service industries, financial services and public services. The company has earned annual revenue (IFRS) of € 17.56 billion in 2014 with an increasing growth rate.

Subsidiary company SAP America, Inc. acquired Ariba in 2012, which is a leading cloud-based business commerce network for $4.3 billion. This combined buyer-seller collaboration network of Ariba with the company’s customer base. In 2014, the company’s subsidiary, SAP America successfully acquired Concur Technologies, Inc. the company acquired Fieldglass to procure and manage contingent labor and services. Cloud based Vendor Management System (VMS) solution of Fieldglass enabled the company to manage flexible employees to support the changing needs of business and customers.

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Mark Taylor is the business expert in providing company profile and SWOT analysis report. You can buy the SAP Company Profile PDF at: http://www.decisiondatabases.com/cp/25-sap-company-profile-strategy-and-swot-report