![]() SAP is now the world’s third-largest independent software vendor, and it is still growing strong. At last count, SAP R/3 is recently installed at more than 84,000 locations in about 120 countries around the world, and it is used by more than 10 million people every day. Since that time, SAP has grown from a small regional company to the leading provider of business enterprise software in the world. Real-time processing was a novel development at that time due to slow computer processing power in 1970s. They created software for collecting large volumes of business data in a single machine and then processing the data in real time. It was founded in 1972 by five people: Wellenreuther, Hopp, Hector, Plattner, and Tchira all former employees of IBM in Germany. ![]() SAP stands for Systems and Application Products in Data Processing, is a package of integrated applications called modules that record and track the activities and costs of doing business
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