Birth of SAP PDF Print E-mail
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Sunday, 01 March 2009 17:54
SAP was founded in 1972 in city of Mannheim, Germany.

SAP AG is an older company than both Oracle and Microsoft.

A group of five ex-IBM engineers formed this company.

The idea was to develop a software that integrats business functions in a manner that reflects industry best practices.

This way a company could replace multiple software (financial, warehousing, production planning) with one single software having integrated modules.

Maintaining a single version of truth results in:

  • synergies
  • communication benefits

    This idea soon evolved into a product called "System, Applications, and Products in Data Processing" (SAP).

    In German SAP stands for "Systemanalyse und Programmentwicklung".
  • Last Updated on Sunday, 01 March 2009 21:15
     



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