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SAP Stands for
SAP (SAP ERP) stands for Systems Applications and Products in Data Processing. SAP was developed by SAP AG, a German Company. SAP R/3 or SAP ERP are two versions of the enterprise resource planning software product of SAP AG.
SAP was founded in 1972 as Systemanalyse und Programmentwicklung.
The acronym SAP was later changed to Systeme, Anwendungen und Produkte in der Datenverarbeitung in German("Systems, Applications and Products in Data Processing in English").
In 1972 the SAP R/1 solution was launched. Seven years later, in 1979, SAP launched SAP R/2. In 1981, SAP brought a completely re-designed solution to market. With the change from R/2 to R/3 in 1992, SAP followed the trend from mainframe computing to client-server architectures. The development of SAP’s internet strategy with mySAP.com redesigned the concept of business processes (integration via Internet)
SAP ERP is desinged to cater all the needs of an organization from various departments without any need to use additional software application. For this, SAP maintains a central database for all the departments of an enterprise. SAP ERP includes four individual solutions that support key functional areas:
SAP ERP Financials
SAP ERP Human Capital Management
SAP ERP Operations
SAP ERP Corporate Services
Due to a central database, all SAP modules are interconnected and hence realtime reporting becomes possible unlike in legacy systems where due to lack of interconnection between various applications being used realtime reporting is not possible resulting in time lag.
As an example let us suppose that a top level manager wants to review the situation of the company at the end of the day. Using legasy system, it is not possible because data has to be acollected from different departments and then processed, which may take time or till the next day, but in SAP ERP environment as all the departments and interconnected and events are updated realtime, the top level managers acn have access to all the reports in realtime time thus saving time and helping in faster decision making.
http://en.wikipedia.org/wiki/SAP_AG
http://en.wikipedia.org/wiki/SAP_ERP
SAP was founded in 1972 as Systemanalyse und Programmentwicklung.
The acronym SAP was later changed to Systeme, Anwendungen und Produkte in der Datenverarbeitung in German("Systems, Applications and Products in Data Processing in English").
In 1972 the SAP R/1 solution was launched. Seven years later, in 1979, SAP launched SAP R/2. In 1981, SAP brought a completely re-designed solution to market. With the change from R/2 to R/3 in 1992, SAP followed the trend from mainframe computing to client-server architectures. The development of SAP’s internet strategy with mySAP.com redesigned the concept of business processes (integration via Internet)
SAP ERP is desinged to cater all the needs of an organization from various departments without any need to use additional software application. For this, SAP maintains a central database for all the departments of an enterprise. SAP ERP includes four individual solutions that support key functional areas:
SAP ERP Financials
SAP ERP Human Capital Management
SAP ERP Operations
SAP ERP Corporate Services
Due to a central database, all SAP modules are interconnected and hence realtime reporting becomes possible unlike in legacy systems where due to lack of interconnection between various applications being used realtime reporting is not possible resulting in time lag.
As an example let us suppose that a top level manager wants to review the situation of the company at the end of the day. Using legasy system, it is not possible because data has to be acollected from different departments and then processed, which may take time or till the next day, but in SAP ERP environment as all the departments and interconnected and events are updated realtime, the top level managers acn have access to all the reports in realtime time thus saving time and helping in faster decision making.
http://en.wikipedia.org/wiki/SAP_AG
http://en.wikipedia.org/wiki/SAP_ERP
Sap Acronym
Sap Acronym
SAP was founded in 1972 as Systemanalyse und Programmentwicklung.
The acronym was later changed to stand for Systeme, Anwendungen und Produkte in der Datenverarbeitung ("Systems, Applications and Products in Data Processing").
In 1976 "SAP GmbH" was founded and the following year it moved headquarters to Walldorf. SAP AG became the company's official name after the 2005 annual general meeting (AG is short for Aktiengesellschaft).
SAP is the world's largest business software company and the third-largest independent software provider in terms of revenues.[14] It operates in three geographic regions – EMEA, which represents Europe, Middle East and Africa; the Americas (SAP America, headquartered in Newtown Square, Pennsylvania), which represents both North America and Latin America; and Asia Pacific Japan (APJ), which represents Japan, Australia and parts of Asia. In addition, SAP operates a network of 115 subsidiaries, and has R&D facilities around the globe in Germany, North America, Canada, China, Hungary, India, Israel and Bulgaria.
SAP focuses on six industry sectors: process industries, discrete industries, consumer industries, service industries, financial services, and public services. It offers more than 25 industry solution portfolios for large enterprises and more than 550 micro-vertical solutions for midsize companies and small businesses.
Sap Acronym
SAP was founded in 1972 as Systemanalyse und Programmentwicklung.
The acronym was later changed to stand for Systeme, Anwendungen und Produkte in der Datenverarbeitung ("Systems, Applications and Products in Data Processing").
In 1976 "SAP GmbH" was founded and the following year it moved headquarters to Walldorf. SAP AG became the company's official name after the 2005 annual general meeting (AG is short for Aktiengesellschaft).
SAP is the world's largest business software company and the third-largest independent software provider in terms of revenues.[14] It operates in three geographic regions – EMEA, which represents Europe, Middle East and Africa; the Americas (SAP America, headquartered in Newtown Square, Pennsylvania), which represents both North America and Latin America; and Asia Pacific Japan (APJ), which represents Japan, Australia and parts of Asia. In addition, SAP operates a network of 115 subsidiaries, and has R&D facilities around the globe in Germany, North America, Canada, China, Hungary, India, Israel and Bulgaria.
SAP focuses on six industry sectors: process industries, discrete industries, consumer industries, service industries, financial services, and public services. It offers more than 25 industry solution portfolios for large enterprises and more than 550 micro-vertical solutions for midsize companies and small businesses.
Sap Acronym
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