What is SAP ERP system?
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What is SAP ERP system?
SAP stands for Systems Applications and Products in Data Processing. SAP ERP is an enterprise resource planning software developed by the German company SAP SE. SAP ERP incorporates the key business of an organization. The latest version (SAP ERP 6.0) was functions made available in 2006. The most recent Enhancement Package (EHP8) for SAP ERP 6.0 was released in 2016. SAP Software was founded in 1972 by Wellenreuther, Hopp, Hector, Plattner and Tschira. SAP system consists of a number of fully integrated modules, which covers virtually every aspect of the business management. SAP is #1 in the ERP market. As of 2010, SAP has more than 140,000 installations worldwide, over 25 industry-specific business solutions and more than 75,000 customers in 120 countries
Other Competitive products of SAP Software in the market are Oracle, Microsoft Dynamics etc.