SAP

Stock market information for Sap SE (SAP)

• Sap SE is an equity in the USA market.
• The price is 298.16 USD currently with a change of -2.63 USD (-0.01%) from the previous close.
• The latest trade time is Thursday, July 3, 02:32:30 PDT.

SAP SE is a German multinational enterprise software company headquartered in Walldorf, Baden-Württemberg, Germany. Established in 1972 by five former IBM engineers—Dietmar Hopp, Klaus Tschira, Hans-Werner Hector, Hasso Plattner, and Claus Wellenreuther—SAP has grown to become the world's largest vendor of enterprise resource planning (ERP) software.

Over the decades, SAP has expanded its product portfolio to include a wide range of business software and enterprise applications. These solutions support various business operations including finance, procurement, human resources, supply chain management, and customer experience.

Notable products include SAP S/4HANA, SAP SuccessFactors, SAP Ariba, and SAP Business One.

In recent years, SAP has undergone a significant transformation by embracing cloud computing and artificial intelligence (AI). This strategic shift has enabled the company to offer more frequent updates, expand AI capabilities, and improve operational efficiency.

As a result, SAP's cloud user base has grown to over 300 million subscribers, and cloud services now represent a substantial portion of its revenue.

SAP's commitment to innovation is further evidenced by partnerships with major technology companies including Amazon, Microsoft, and Google. These collaborations aim to enhance SAP's cloud offerings and integrate advanced technologies.

Company Size and Workforce

With a global presence, SAP operates in over 180 countries and employs more than 109,000 individuals. The workforce is diverse, with employees from 157 countries.

Locations

In the United States, SAP has a significant presence with offices serving as hubs for sales, support, and research and development. These include major cities such as:

• Silicon Valley
• Chicago
• Atlanta
• Dallas
• New York
• Boston
• Bellevue, WA, USA

Leadership and Market Position

Under CEO Christian Klein, who joined SAP as a trainee in 1999 and became CEO in 2020, the company has experienced substantial growth.

In 2024, SAP's market capitalization reached €320 billion, surpassing Novo Nordisk to become Europe's most valuable company.

Commitment to Sustainability

SAP's dedication to sustainability is solidified by its consistent ranking as the number one software company in the Dow Jones Sustainability Index for 16 years.

The company continues to focus on innovation, customer satisfaction, and global expansion to maintain its leadership in enterprise software solutions.