What industry is SAP in?

SAP stands for Systems Applications and Products in Data Processing. SAP, by definition, is also the name of the ERP (Enterprise Resource Planning) software as well as the name of the company. What industry is SAP in? SAP Software is a European multinational, founded in 1972 by Wellenreuther, Hopp, Hector, Plattner, and Tschira. They develop software solutions for managing business operations and customer relationships.

SAP system consists of a number of fully integrated modules, which covers virtually every aspect of business management.

SAP is #1 in the ERP market. As of 2010, SAP has more  than 140,000 installations worldwide, over 25 industry-specific business solutions and more than 75,000 customers in 120 countries

Other Competitive products of SAP Software in the market are  Oracle, Microsoft Dynamics, etc.

What industry is SAP in? Manufacturing, Life Science, Distribution, Technical and Business Services are the top industries that use SAP Business ByDesign, but healthcare, energy, education, telecommunications, finance and retail also heavily use it.

When a business invests in enterprise resource planning software (ERP), it is investing for the long haul.

That’s because even though cloud ERP has made it easy to switch platforms, actually moving to a new ERP solution still is time-consuming and costly. ERP sits at the center of a business, so changing solutions requires adjusting business processes and migrating everything from data to employees over to the new system. With ERP software sitting at the center of your organization, you can’t just pick another product and be on your way.

So, investing in an ERP solution is also investing in a long-term partnership with the vendor that makes the software. While the specifics of a given ERP solution are important, so is knowing and trusting the vendor you will be relying on for years to come.

With that in mind, let’s take a look at the largest and most pervasive ERP vendor on the market today, SAP. No matter your industry or company size, SAP probably will be on your ERP solution shortlist.

Where does your company fit on the Pyramid of ERP Solutions? 

SAP: ERP Leader Since the Industry’s Beginning

It is estimated that roughly 77 percent of all global transactions come in contact with SAP software. There’s a reason for this: SAP not only helped invent the ERP space, starting with an integrated accounting solution in 1973 and leading the industry as it grew into what it is today. It also is the largest ERP vendor and the 12^th largest technology company in the world, used by more than 404,000 businesses across 180 different countries.

Most large businesses use SAP or its closest competitor, Oracle, and SMBs also rely on SAP software; 80 percent of SAP’s customer base is made up of small to medium-sized businesses (SMBs), a surprising number given the company’s reputation for powering some of the world’s largest multinationals.

SAP certainly serves big business. But over the years, the company has developed distinct product lines that serve each segment of the market. There’s SAP Business One for smaller firms, SAP Business ByDesign for growing medium-sized businesses, and the company’s flagship SAP HANA for larger enterprise customers.

Much of the underlying technology is the same, but each SAP product line is full-featured and built from the ground up for its intended market. A multinational has different needs than a 10-employee business, and vice versa. So, SAP has built appropriate solutions for each.

SAP SE engages in the provision of enterprise application software and software-related services. It operates through the following segments: Applications, Technology, and Services; Intelligent Spend Group; and Qualtrics. The Applications, Technology, and Services segment includes software licenses, cloud subscriptions, and related services. The Intelligent Spend Group segment comprises cloud-based collaborative business networks, subscriptions to the cloud offering, and related professional and educational services.