Founded in the year 1972, SAP AG, has now become largest ERP solution provider; beating the market share of arch rival Oracle in year 2011.
SAP has re-gained the market with unexpected growth in the fourth quarter despite a economic slowdown.
In the past few years, SAP has transformed their business strategy from just delivering the single-product SAP R/3, to a company that offer complete
business solutions to its customers. The company has emerged as a more innovative and better leadership in the domain of business analytic,
performance management software and mobile - A so called in-memory data storage technology, which can store data locally on a chip.
Currently SAP represents 124 nations with more than 75,000 customers' worldwide - providing distinct business solutions, addressing to meet
the industry specific need for small business to large companies. The SAP has gain from its strategy of offering tailor-made services.
The SAP has largest share with 24 % with Oracle second in place with market share of 19%.
SAP Benefits and Advantages
SAP defines business software as comprising enterprise resource planning and related applications.
Since the release of 4.0 of SAP R/3 in year 1997, SAP has developed R/3 into a group of integrated
components that could be upgraded independently.
The core component of SAP R/3 Enterprise has a major feature that integrate, internet and web technologies
into all areas of the systems. The enhanced integrated technologies, SAP web application server is the evolution
based on SAP R/3.
SAP ERP provides solutions for industry specific need with a comprehensive set of integrated and cross-functional business processes.
The advantages and benefits of SAP ERP are -
. SAP R/3 is based on Open technology that supports and can run on
multiple operating systems and databases.
. SAP R/3 supports customization to enhance/change the application
as per organization own business process and requirements.
. SAP R/3 supports several functional areas like - HCM, FI-CO, SCM, SRM,
CRM, PLM, Mobile application and web-based technology.
. It helps to run your enterprise in accordance with strategy and plans,
providing the correct information in real time to take proper decisions.
. SAP ERP helps to improve operational efficiency, productivity, reduce
costs and risks.
. SAP ERP improves financial and accounting management, increases
visibility on your business achievement and improve financial control.
. SAP ERP manages a high business complexity, improves organization
process, and provides faster results and business outcomes.
. SAP ERP increases profitability with high ROI.
SAP project management plan helps you
in implementation, upgrade, or support projects by it's proven methodologies.
SAPApplication.com is a great learning place where you can find all information in one roof. We as a team helps you to
achieve your personal and business goals.
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