SAP Labs

SAP Labs is a German multinational software corporation that makes enterprise software to manage business operations and customer relations. The company was founded in 1972 by five former IBM engineers. SAP Labs in India is the second largest R&D center outside Germany and contributes to all areas of SAP product value chain- Research & Breakthrough Innovation, Product Development, Global Services & Support and Customer Solutions & Operations.

Industry

Information Technology and Services

Product, Services and Operations

SAP Labs provides a range of products and services including enterprise software and services, business intelligence and analytics, cloud applications, digital commerce, and customer experience. The company also offers a suite of applications for enterprise resource planning (ERP), customer relationship management (CRM), supply chain management (SCM), and product lifecycle management (PLM).

Funding Details

As a publicly traded company, SAP Labs is funded through equity and debt financing. The company's market capitalization is approximately $155 billion as of 2021.

Acquisitions

SAP Labs has made several notable acquisitions including Qualtrics, SuccessFactors, Concur Technologies, and Sybase.

Awards and Achievements

SAP Labs has received numerous awards and recognitions including being ranked as the Best Companies to Work For in India by the Great Place to Work Institute and The Economic Times, and being recognized as the Top Employer in Europe by the Top Employers Institute.