SAP is an ERP Software where SAP stands for Systems, Applications and Products in data processing. SAP was developed by German software company SAP AG in 1972 and the initial version was called SAP R/1. In 1979, SAP launched SAP R/2 and in 1981, new version called SAP R/3 was launched.
SAP ERP is desinged to cater all the needs of an organization using a single . SAP maintains a central database for all the departments of an enterprise and all SAP modules are interconnected and hence realtime reporting becomes possible unlike in legacy systems where lack of interconnection among different applications result in time lag.
Currently, more than 12 million users work each day with SAP solutions. There are now 121,000 installations worldwide, more than 1,500 SAP partners, over 25 industry-specific business solutions, and more than 75,000 customers in 120 countries. SAP is the world's third-largest independent software vendor.
SAP full form initially was Systemanalyse und Programmentwicklung. This is german for System analysis and program development. The name was later changed into Systeme, Anwendungen und Produkte in der Datenverarbeitung: Systems, application and products in the data processing.
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