SAP

SAP

A software company that creates products and solutions for small and mid-sized companies. It was founded in 1972 and has headquarters in Waldorf, Germany.

SAP is a Germany-based that designs and produces enterprise resource planning (ERP) software and solutions for businesses and industries such as government agencies, corporations, and educational institutions. It can be utilized to aid with the managing of business topics such as human resources, finances, and logistics.

Products

The company offers a wide array of products and solutions. It is estimated that 77% of daily global transactions use SAP software. Products can be searched on the company's website in one of the following categories: ERP and finance, customer relationship management (CRM) and customer experience, network and spend management, digital supply chain, human resources and people engagement, application development and integration. database and data management, analytics, and intelligent technologies.

SAP also has a platform called SAP S/4HANA that runs in its in-memory database. It uses artificial intelligence and robotic process automation to operate. It is available in the cloud or on-premises.

Timeline

October 11, 2019

SAP's CEO Bill McDermott announces that he will not seek to renew his contract for 2020.

October 10, 2019

SAP CEO Bill McDermott announces his resignation.

November 12, 2018

SAP announces that it has agreed to acquire Qualtrics for $8 billion in cash.

November 2018

SAP buys experience management platform Qualtrics for $8 billion days before the unicorn's IPO.

2011

Sapphire Ventures, the former corporate venture arm of SAP, raises $1.4 billion for growth investments, including a $150 million opportunity fund to support larger deals.

People

Name
Role
LinkedIn

Christian Klein

Co-CEO

Jennifer Morgan

Co-CEO

Further reading

Title
Author
Link
Type
Date

SAP agrees to big expansion at San Ramon's Bishop Ranch complex

George Avalos

Web

January 27, 2020

SAP Gives Enterprise IT Customers an Extension

Jessica Davis

Web

February 10, 2020

Software Giant SAP Shows Signs That Revamp Is Bearing Fruit

William Boston, Sara Germano

Web

January 28, 2020

Documentaries, videos and podcasts

Title
Date
Link

SAP: 40 Years of Innovation

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Brand Post
August 19, 2020
CIO
HUAWEI CLOUD has been working with clients and partners such as SAP to provide various solutions for enterprises from different sectors for an innovative journey amid digital transformation.
Brand Post
August 19, 2020
CIO
HUAWEI CLOUD has been working with clients and partners such as SAP to provide various solutions for enterprises from different sectors for an innovative journey amid digital transformation.
Liz Hampton and Jennifer Hiller | Reuters
August 18, 2020
@bsindia
Top investors, including BlackRock, have put climate change on their agendas, encouraging energy producers to evaluate programs to help track emissions and report on results
Peter Sayer
August 11, 2020
CIO
Just as SAP prepares to sell a stake in Qualtrics, rival SurveyMonkey is doubling down on its enterprise partnerships, offering CIOs an opportunity to optimize spend and results in this emerging area.
Kelly Greenwood
August 7, 2020
Harvard Business Review
Nearly 42% of employees report a decline in mental health since the pandemic began.
Peter Sayer
August 6, 2020
CIO
One of the largest monolithic SAP installations in the world is now on S/4HANA, thanks to successful data prep and reskilling efforts.
Eric Eldon
August 1, 2020
TechCrunch
Editor's note: Get this free weekly recap of TechCrunch news that any startup can use by email every Saturday morning (7am PT). Subscribe here. German software giant SAP bought experience management platform Qualtrics for $8 billion days before the unicorn's IPO, back in November of 2018. But last weekend it decided to spin out the experience management [...]
Alex Wilhelm
July 27, 2020
TechCrunch
Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest big news, chats about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can [...]
Danny Crichton
July 27, 2020
TechCrunch
Well, this isn't a story you see every day. Less than two years after German software giant SAP snatched experience management platform Qualtrics for $8 billion days before the startup's IPO debut, it has now decided to spin out the company in a brand new IPO. https://techcrunch.com/2018/11/11/sap-agrees-to-buy-qualtrics-for-8b-in-cash-just-before-the-survey-software-companys-ipo/ In a press statement released Sunday, SAP said [...]
Wendy Lu
July 23, 2020
www.nytimes.com
Employment remains an elusive goal for many. A recent hiring strategy may win pats on the back, but advocates fear it may pigeonhole people with disabilities.
Peter Sayer
July 14, 2020
CIO
Contingent labor has been hard to find during the COVID-19 pandemic. SAP Fieldglass External Talent Marketplace aims to offer access to a larger temp staffing pool.
Ron Miller
July 14, 2020
TechCrunch
Recurrency, a member of the Summer 2020 Y Combinator cohort, was started by a 21 year old just out of college. He decided to take on a highly established market that is led by giants like SAP, Infor, Oracle and Microsoft, but instead of taking a highly complex area of enterprise software in one big [...]
Press Trust of India
June 29, 2020
@bsindia
The solution uses advanced analytics to manage individual patient treatment lifecycle from enrolment and scheduling to post medical treatments and can notably reduce patient treatment lifecycle
Peter Sayer
June 26, 2020
CIO
Christian Klein, sole CEO since April, emphasized sustainability and an ambition to provide more industry-specific solutions at its flagship virtual event.
June 16, 2020
WebWire
OpenTextTM (NASDAQ: OTEX), (TSX: OTEX), announced that it has received an 2020 SAP® Pinnacle Award as the SAP Solution Extension Partner of the Year - Platforms and Technology (On Premise). SAP presents these awards annually to partners that have developed their partnership with SAP and excel in helping customers run better. Winners and finalists in 34 categories were chosen based on recommendations from SAP, customer feedback and performance indicators., , , , The OpenText partnership wit...
Reuters Editorial
June 15, 2020
IN
SAP's biggest customer event, Sapphire Now, got off to a rocky start on Monday as the site hosting this year's "reimagined" event, held online due to the coronavirus pandemic, crashed.
Reuters Editorial
May 20, 2020
U.S.
German business software group SAP expects to stick to its dividend policy even as the coronavirus crisis weighs on its results, its finance chief said on Wednesday.
Ingrid Lunden
May 5, 2020
TechCrunch
M&A activity has generally slowed down in the weeks since the novel coronavirus took a grip on the world, but there have been some pockets of activity in the tech industry when the price is right or when the divestment/acquisition just makes sense. The world of messaging brings us the latest development in that theme: SAP, [...]
Douglas Busvine
May 5, 2020
U.S.
Business software group SAP disclosed on Tuesday that some of its cloud products did not meet contractual or statutory security standards and said it would take remedial action to fix the problem as soon as possible.
Ryan Smith
May 1, 2020
Harvard Business Review
A global survey reveals the detrimental effect of uncertainty.
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References

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