SAP
SAP stands for Systems, Applications, and Products in Data Processing. It was created in 1972 by five former IBM employees in Germany. It is a global company that creates enterprise software to handle customer relations and business processes. Here are some important SAP facts.
ERP stands for enterprise resource planning SAP is best recognised for this software, which unifies several corporate operations into a single system, including finance, human resources, procurement, manufacturing, sales, and distribution. As a result, businesses can increase productivity, simplify procedures, and make data-driven choices.
Product Portfolio: SAP provides a broad range of software solutions to meet the demands of various business sectors and industries. Customer relationship management (CRM), supply chain management (SCM), business intelligence (BI), product lifecycle management (PLM), and other products are included in its product portfolio in addition to ERP.
SAP HANA: SAP HANA is an application platform and in-memory database that speeds up analytics and data processing. Businesses can use it to analyse massive amounts of data in real time, which facilitates predictive analytics and quicker decision-making.
Cloud Computing: SAP offers customers flexibility, scalability, and accessibility by moving several of its software products to the cloud. A range of services for application development, integration, and extension are provided by SAP Cloud Platform.