| Courses Software Training | Locality Amrut Nagar |
In 1972, five ex-IBM engineers founded SAP. Translated from German, it means Systems, Applications, Products in Data Processing. The full name of the parenting company is SAO AG. Based close to the town of Heidelberg, SAP has subsidiaries in 50 countries. Because of their success, the original founders have marketed SAP AG into the third largest software maker in the world.<a href="http://smartmindonlinetraining.com/sap-bo-online-
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More than half of the world's top 500 companies and over 17,500 customers make use of this software maker. There are over 27,000 employees worldwide and SAP AG commands a revenue of $7.34 billion and a net income of $581 million in FY01. Because SAP is listed in Germany it makes up the 30 stocks of DAX and on the New York Stock Exchange as ticker:SAP.