SAP SE

Intro and history: SAP SE, originally known as Systems, Applications & Products in Data Processing, was founded in 1972 by five former IBM engineers in Mannheim, Germany. The company's initial idea was to provide customers with the ability to interact with a common corporate database for a comprehensive range of applications. Today, SAP is a global leader in providing business software solutions. Industry: Software industry Product, Services and Operations: SAP provides a range of software solutions for business operations and customer relations. Major products include ERP systems, CRM, digital supply chain management, HR and finance solutions, and more. SAP also offers cloud-based services and platforms. Funding Details: SAP is a publicly-traded company, listed on several exchanges including the Frankfurt Stock Exchange and NYSE. As of 2021, its market capitalization is approximately $165 billion. Acquisitions: SAP has made several notable acquisitions, including Business Objects, Sybase, SuccessFactors, Ariba, Fieldglass, Concur Technologies, and Qualtrics. Awards and Achievements: SAP has received numerous awards for its innovation and leadership in the software industry. In 2021, SAP was named a Leader in the Gartner Magic Quadrant for Procure-to-Pay Suites for the fifth consecutive time.