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In 1976 SAP GmbH Systeme, Anwendungen und Produkte in der Datenverarbeitung ("Systems, Applications, and Products in Data Processing") was founded as a sales and support subsidiary. Five years later, the private partnership was dissolved and its rights were passed on to SAP GmbH.
Klein started his career at SAP in 1999 as a student. Since October 11, 2019, both Christian Klein and Jennifer Morgan were co-CEOs of SAP SE. [3] However on April 30, 2020, Morgan stepped down from her position as co-CEO, leaving Klein as sole CEO. In 2024, SAP’s board extended Klein’s contract for a further three years to the end of 2028. [4]
SAP ERP. SAP ERP is an enterprise resource planning software developed by the German company SAP SE. SAP ERP incorporates the key business functions of an organization. The latest version of SAP ERP (V.6.0) was made available in 2006. The most recent SAP enhancement package 8 for SAP ERP 6.0 was released in 2016.
SAP HANA ( HochleistungsANalyseAnwendung or High-performance ANalytic Application) is an in-memory, column-oriented, relational database management system developed and marketed by SAP SE. [2] [3] Its primary function as the software running a database server is to store and retrieve data as requested by the applications.
SAP Concur (formerly Concur Technologies) is an American SaaS company providing travel and expense management services to businesses. [4] It is headquartered in Bellevue, Washington. [4] SAP SE agreed to acquire Concur Technologies in September 2014 for $8.3 billion. [4] The deal was completed in December 2014. [2]
Billionaire Alexey Mordashov has proposed creating a Russian consortium to invest billions in developing an alternative to the widely-used business software made by Germany's SAP, which curtailed ...