SAP AG - ERP Leader with a 'New Dimension'

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SAP AG - ERP Leader with a "New Dimension"
P.J. Jakovljevic - September 1, 1999

Vendor Summary

Founded by five former IBM employees in 1972 and based in Walldorf, Germany, SAP AG is the No. 1 vendor in the Enterprise Resource Planning (ERP) software arena, (19,000 employees, 31% of worldwide ERP market), and one of the largest independent software companies in the world, currently present in 107 countries. The Company's revenues increased from DM2.6 billion in 1995 to DM8.4 (US$5.1) billion in 1998 (see SAP AG Annual Results Chart). The Company posted a $631 million net profit in 1998, while the majority of its main competitors encountered major financial difficulties...

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