SAP SE, based in Walldorf, Germany, is one of the world’s leading producers of enterprise software for managing business operations and customer relations. Founded in 1972 by five former IBM employees, SAP has grown into a global company, providing software solutions to companies of all sizes. SAP’s flagship product, SAP S/4HANA, is an enterprise resource planning (ERP) system that helps businesses automate and streamline their processes, making operations more efficient.
Over the decades, SAP has expanded its portfolio to include products in areas like cloud computing, data analytics, machine learning, and AI. Today, SAP’s software is used by over 400,000 businesses worldwide, helping them to improve decision-making, optimize operations, and enhance customer experience. With a strong focus on innovation, SAP continues to be a leader in the tech industry, supporting digital transformation for enterprises across the globe.
CEO and Founder of SAP
SAP was founded in 1972 by five former IBM engineers: Dietmar Hopp, Hasso Plattner, Klaus Tschira, Hans-Werner Hector, and Claus Wellenreuther. Their vision was to create standardized enterprise software that could be adapted for various industries, a concept that revolutionized the tech industry. Over time, SAP became synonymous with ERP software.
Currently, Christian Klein serves as the CEO of SAP SE. He assumed the role in 2020, becoming one of the youngest CEOs in the company’s history. Under his leadership, SAP has intensified its focus on cloud computing and sustainability, aiming to help businesses transition into the digital era. Klein is committed to making SAP the top choice for enterprises seeking to drive efficiency and innovation through technology.
List of Top Companies Under SAP
SAP has expanded its reach by acquiring and partnering with various companies to strengthen its portfolio in cloud computing, artificial intelligence, data management, and customer experience. Below is a list of the top companies acquired or integrated under SAP, along with their valuations.
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| SAP Concur | 2014 (Acquired) | $8.3 Billion | Travel and Expense Management |
| Qualtrics | 2018 (Acquired) | $8 Billion | Customer Experience Management |
| SuccessFactors | 2011 (Acquired) | $3.4 Billion | Human Capital Management |
| Ariba | 2012 (Acquired) | $4.3 Billion | Supply Chain Management |
| Fieldglass | 2014 (Acquired) | $1 Billion | Vendor Management |
| Hybris | 2013 (Acquired) | $1.2 Billion | E-commerce Platform |
| CallidusCloud | 2018 (Acquired) | $2.4 Billion | Sales Performance Management |
| Sybase | 2010 (Acquired) | $5.8 Billion | Data Management and Analytics |
| Vivint Smart Home | 2020 (Partnered) | $1.6 Billion | Smart Home Solutions |
FAQs About SAP
Q1: When was SAP founded, and by whom?
A: SAP was founded in 1972 by Dietmar Hopp, Hasso Plattner, Klaus Tschira, Hans-Werner Hector, and Claus Wellenreuther, all of whom were former IBM employees.
Q2: Who is the current CEO of SAP?
A: Christian Klein is the current CEO of SAP, taking over the leadership in 2020.
Q3: What is SAP’s primary product?
A: SAP’s primary product is SAP S/4HANA, an enterprise resource planning (ERP) suite that helps businesses streamline operations, manage data, and make better decisions.
Q4: What are some key companies owned or acquired by SAP?
A: Some of the top companies acquired by SAP include Concur, Qualtrics, SuccessFactors, Ariba, and Fieldglass, which have helped SAP enhance its portfolio in cloud computing, customer experience, and vendor management.
Q5: What industry sectors does SAP serve?
A: SAP provides enterprise software solutions to various sectors, including manufacturing, retail, healthcare, financial services, and the public sector.
Q6: How does SAP support digital transformation?
A: SAP offers a range of solutions that help businesses transition to digital processes, including cloud computing, AI-driven analytics, and supply chain management tools.
