German software giant SAP SE is headquartered in Walldorf, Baden-Württemberg. SAP began as a private partnership called Systemanalyse und Programmentwicklung in 1972. To handle client relationships and business processes, it creates enterprise software. The business is the top vendor of enterprise resource planning (ERP) software in the entire world. In terms of market capitalization, SAP is the biggest firm in Germany. The company not only sells ERP software but also database software and technology (especially its own brands), cloud-engineered systems, and other ERP software products like human capital management (HCM) software, customer relationship management (CRM) software (also known as customer experience), enterprise performance management (EPM) software, and many more.

Since 2012, SAP has purchased multiple cloud-based product firms, with some multibillion-dollar purchases considered by analysts as an attempt to compete with Oracle. SAP paid $8.3 billion for Concur Technologies, a supplier of cloud-based travel and expense management software, in 2016, making it SAP's most costly acquisition to that point. Analysts' views to the acquisition were divided, with Commerzbank's Thomas Becker wondering if Concur was the best pick for SAP, while Credit Suisse termed it an "aggressive" move.

SAP, the global leader in enterprise application software, is rethinking ERP and building networks of intelligent companies to provide transparency, robustness, and sustainability throughout supply chains, allowing businesses of all sizes and industries to perform better. Their comprehensive range of apps and services enables their customers to operate profitably, adapt continuously, and make a worldwide impact.

Founded: 1972
Headquarters: Walldorf, Germany
Website: https://www.sap.com/

Siemens is the second largest German company. Siemens is a German multinational conglomerate and the largest industrial manufacturing company in Europe. It has its headquarters in Munich and a number of foreign branch offices. On October 1, 1847, Werner von Siemens and Johann Georg Halske founded Siemens & Halske. Instead of Morse code, their telegraph-based design used a needle to point to the succession of letters. Digital Industries, Smart Infrastructure, Mobility, Healthcare (called Siemens Healthineers), and Financial Services are the company's core divisions. The company is a well-known maker of medical diagnostics equipment, and its medical health-care division, which accounts for around 12% of total revenues, is the corporation's second-most profitable division, after the industrial automation division.

Many of the emerging trends in Siemens' service categories can only be realized through big data and advanced analytics. To maintain its dominant position, Siemens began to transform into a technology services firm, investing in the development of cutting-edge software and algorithms. The goal is to maintain a competitive advantage for its clients, even if it means learning new skills. A product called Sinalytics, which Siemens recently launched, is very representative of its new phase. Sinalytics is a Siemens-owned tool that can securely connect to a wide range of Siemens systems located around the world, remotely monitor them, and extract real-time data.

Siemens provides a comprehensive variety of electrical engineering and electronics-related products and services. Its products are classified as follows: buildings-related products, drives, automation, and industrial plant-related products, energy-related products, lighting, medical products, and transportation and logistics-related products. Siemens was founded in Berlin. Despite the fact that it was created in the capital in 1847, the company immediately expanded beyond its borders. It quickly expanded into worldwide activities and is now indisputably a global corporation. Even yet, Germany remains a key market and an essential production site for the company's global operations.

Founded: 1847
Headquarters: Munich, Germany
Website: https://www.siemens.com/

Deutsche Telekom AG, headquartered in Bonn, is a German telecommunications business. When Deutsche Bundespost was privatized in 1995, Deutsche Telekom was founded. Since then, Deutsche Telekom has been listed among the Fortune 500, with the most recent ranking of 62 (in 2022). Globally, the corporation has various subsidiaries, notably the mobile communications brand T-Mobile. T-Systems provides a variety of integrated solutions for business customers, including the secure operation of legacy systems and traditional IT services, the transition to cloud-based services, and new business models and digitisation projects for future business fields such as data analytics, the Internet of Things, and artificial intelligence.

This necessitates a Telekom that combines all of these elements and provides users with a fixed network, mobile communications, and IPTV from a single source. And a Telekom that ensures secure storage and access to any private data, no matter where the user is or what device they are using. They promote media literacy through a variety of projects and initiatives, allowing children, young people, and adults of all ages to interact with modern technology effectively and safely. Whether through workshops, online training courses, or films, they assist people both domestically and internationally, for example, in creating secure passwords, recognizing fake news, and learning to code in programming workshops.

Deutsche Telekom is expanding faster than ever before. Previously, the company's strategic goal was to become the premier European telco. The goal is simple: convert customers into fans. Deutsche Telekom wishes to meet their long-term needs. This means that the corporation will continue to invest in its networks in order to allow even more customers to participate in digital life. The essence of its approach remains the same: develop and operate the greatest networks in which fixed-network and mobile services interact flawlessly - or, in industry speak, become "convergent." The digitalization of the company's own products and processes is also at the heart of its strategy.

Founded: 1995
Headquarters: Bonn, Germany
Website: https://www.telekom.com/

Ranked fourth in the list of the largest German companies is Porsche. Dr. Ing. h.c. F. Porsche AG, commonly abbreviated as Porsche, is a German vehicle manufacturer based in Stuttgart, Baden-Württemberg, Germany that specializes in high-performance sports cars, SUVs, and sedans. Volkswagen AG owns the company, with Porsche Automobil Holding SE owning a majority interest. The current Porsche lineup consists of the 718 Boxster/Cayman, 911 (992), Panamera, Macan, Cayenne, and Taycan. In 1931, Ferdinand Porsche (1875-1951) created the "Dr. Ing. h. c. F. Porsche GmbH" with Adolf Rosenberger and Anton Pich.

Because Ferdinand Porsche designed the first Volkswagen Beetle, the company has always had a tight link with the Volkswagen (VW) marque, and later, the Volkswagen Group (which also owns Audi AG). In 1969, the two firms teamed to create the VW-Porsche 914 and 914-6, with the 914-6 using a Porsche engine and the 914 using a Volkswagen engine. Further collaboration culminated in the Porsche 912E (US only) and Porsche 924 in 1976, which incorporated numerous Audi components and was constructed at Audi's Neckarsulm factory, which had previously been NSU's.

Porsche's goals are founded on four stakeholder dimensions: customers, society, employees, and investors. In line with this mission, the company aspires to be the most recognized brand in the world, as well as one that thrills its customers. Porsche is addressing the financial problems of transition as well. The corporation is substantially investing in areas such as sustainability, innovation, digitalization, and training. Porsche was named "the most prestigious automobile brand" in a study conducted by the Luxury Institute in New York. Five hundred households with a net worth of at least $720,000 and a gross annual income of at least $200,000 took part.

Founded: 1931
Headquarters: Zuffenhausen, Germany
Website: https://www.porsche.com/

Allianz is a German multinational financial services firm headquartered in Munich. Insurance and asset management are its primary lines of business. The firm is one of the world's major insurers and financial services groups. The firm is included in the Euro Stoxx 50 stock market index. On February 5, 1890, Carl von Thieme, then-director of the Munich Reinsurance Company, and Wilhelm von Finck founded Allianz AG in Berlin. The joint venture was registered as Allianz Versicherungs-Aktiengesellschaft in Berlin's trade register. The earliest Allianz products were marine and accident insurance, which were only accessible in Germany at the time.

Allianz operates in over 70 countries and employs over 150,000 people. Allianz SE, the parent corporation, is located in Munich, Germany. Allianz has over 100 million customers worldwide and offers property and liability insurance, life and health insurance, and asset management services. It was ranked 25th on the global Forbes 2000 list in 2013.

Allianz's mission is to accompany you through life, providing you with everything you need to move forward with confidence. They provide a diverse range of insurance and asset management products, services, and solutions to its 126 million customers in over 70 countries. Allianz was ranked 30th on the list of the most valuable brands in the world. Allianz ranks first among international insurers among the world's 100 most valuable insurance brands. For the third year in a row, Allianz was voted the world's top insurance brand, based on its solid operating performance and outlook, growing branded revenue, and brand strength.

Founded: 1890
Headquarters: Munich, Germany
Website: https://www.allianz.com/

Mercedes-Benz, sometimes known as Mercedes and Benz, is a German luxury and commercial vehicle automobile manufacturer that was founded in 1926. It is also the sixth largest German company. Mercedes-Benz AG is a subsidiary of the Mercedes-Benz Group headquartered in Stuttgart, Baden-Württemberg, Germany. Under the Mercedes-Benz brand, Mercedes-Benz AG manufactures consumer luxury vehicles as well as commercial vehicles. Daimler Truck, a former part of the Mercedes-Benz Group that will become an independent organization in late 2021, controls Mercedes-Benz-badged heavy commercial vehicles (trucks and buses).

The Mercedes-Benz brand is marketed towards middle to upper-income men and women who are in the middle of their careers and value premium brands and social standing. Successful, self-assured, stable, and goal-oriented. They select a vehicle based on prestige, status symbolism, and quality. Mercedes-Benz attracts buyers of all ages with its diverse vehicle lineup. The usual customer is between the ages of 25 and 50.

Mercedes-Benz's mission is to create the world's most desirable automobiles. Mercedes-Benz Mobility, the company's captive provider of financial and mobility services, provides best-in-class vehicle mobility services. Customers are always at the center of their actions when they do so. Mercedes-Benz's strategy focuses on modern luxury of the future — and luxury of the future is sustainable. Luxury and sustainability go hand in hand. Customers with high expectations, in particular, desire to be pioneers in this field. Their decarbonization approach is among the most aggressive in the automobile sector.

Founded: 1926
Headquarters: Stuttgart-Untertürkheim, Germany
Website: https://www.mercedes-benz.com/

Volkswagen is a German automobile manufacturer headquartered in Wolfsburg, Lower Saxony. It is best known for the classic Beetle and serves as the flagship brand of the Volkswagen Group, the world's largest automaker by global sales in 2016 and 2017. It was developed in 1937 by the Nazi Party's German Labour Front and relaunched as a global brand after WWII by British Army Officer Ivan Hirst. The group's major market, accounting for 40% of sales and profits, is China. Its name is derived from the German words Volk and Wagen, which signify "people's car" when combined.

Volkswagen's market success stems mostly from the choice to export the brand to the United Kingdom, which proved to be the best commercial option and resulted in the signing of contracts to sell vehicles to Switzerland, Belgium, Luxembourg, Sweden, Denmark, and Norway. By 1950, Volkswagen had become dependent on the export market, shipping over 27,000 cars to 17 countries. The Beetle had become a symbol of West German rebirth, and they have continued to market themselves as an emotive brand in order to preserve and extend their market share.

Volkswagen is kicking off the next phase of this transition with an improved "ACCELERATE" approach. Climate change, the growing speed of innovation in their business, and new competitors provide significant obstacles. Volkswagen has gone a long way from its wartime roots, thanks in large part to its international focus and highly targeted marketing strategy. Soaring sales in China, which now account for one-third of the company's income, have pushed its development. With the Chinese economy anticipated to decline, the corporation will definitely be looking to other growing areas for future revenue.

Founded: 1937
Headquarters: Wolfsburg, Germany
Website: https://www.volkswagen.de/

Merck KGaA takes the eighth place in the list of the largest German companies. The Merck Group, commonly referred to as Merck, is a German multinational scientific and technology corporation headquartered in Darmstadt that employs around 60,000 people and operates in 66 countries. Merck KGaA in Germany is the largest of the group's nearly 250 companies. The company's three business lines are healthcare, life sciences, and electronics. Merck, which was founded in 1668, is the world's oldest operating chemical and pharmaceutical corporation, as well as one of the largest.

Merck's technological and scientific breakthroughs have been fueled by scientific curiosity and prudent entrepreneurship, which has allowed the company to grow since its founding in 1668. Curiosity, a strong focus on external innovation, and a strong desire to partner and join forces with the greatest academics and start-up enterprises are all important aspects of the company's goal.

They are pursuing a clear goal with the "Mobilize for Growth" strategy. Merck KGaA aspires to be a global leader in research and technology in the twenty-first century. Their approach is to maximize the company's maximum potential in order to push it to the next level. The structure is distinctive due to their three diverse and distinct areas, all of which have leading positions in rapidly rising science and technology markets. They are poised to shape some of the most critical growth and technological trends of the twenty-first century by providing superior value to customers, patients, and society.

Founded: 1688
Headquarters: Darmstadt, Germany
Website: https://www.merckgroup.com/

Bayerische Motoren Werke AG, abbreviated as BMW, is a German multinational automobile and motorbike manufacturer located in Munich, Bavaria, Germany. The company was created in 1916 with the intention of producing airplane engines, which it did from 1917 to 1918 and again from 1933 to 1945. BMW is based in Munich and manufactures automobiles in Germany, Brazil, China, India, Mexico, the Netherlands, South Africa, the United Kingdom, and the United States.

BMW focuses on clients and meeting their diverse demands around the world. They blend cutting-edge technologies, emotional products, and personalized customer service to create a one-of-a-kind total experience. BMW creates goods that inspire people today and in the future. Profitability ensures a company's independence. They are shaping the future of sustainable mobility with our amazing inventions and passion. BMW does more than just make automobiles. Innovations and great design by the brand elicit emotion, enthusiasm, interest, and thrills.

One of the most enticing aspects of the BMW brand is its extensive product line. The brand appeals to customers from a variety of target segments, including less well-off clients, with models ranging from very exclusive (and pricey) to more inexpensive. BMW, along with Audi and Mercedes, is considered one of the "Big Three" German vehicle brands. BMW sold over 1.95 million automobiles and over 115,000 motorcycles in 2013. It set new sales records in 2014, as worldwide demand for premium luxury vehicles remained strong. BMW is one of the world's most established and revered car companies, with millions of people worldwide wishing to own one of these top vehicles.

Founded: 1916
Headquarters: Munich, Germany
Website: https://www.bmw.com/

Last one in the list of the largest German companies is Bayer. Bayer AG is a German multinational pharmaceutical and biotechnology firm that ranks among the world's largest. Bayer, based in Leverkusen, sells pharmaceuticals, consumer healthcare products, agricultural chemicals, seeds, and biotechnology. The company is included in the stock market index EURO STOXX 50. Friedrich Bayer (1825-1880) and dyer Friedrich Weskott (1821-1876) founded Bayer in Barmen in 1863. As was customary at the period, the company began as a dyestuffs manufacturer.

Bayer was established in 1863 in Barmen by dye dealer Friedrich Bayer (1825-1880) and dyer Friedrich Weskott (1821-1876). The company began as a dyestuffs maker, as was usual at the time. Bayer expanded their business into other fields due to the adaptability of aniline chemistry, and in 1899 Bayer launched the molecule acetylsalicylic acid under the trademarked name Aspirin. Bayer secured a trademark for the "Bayer Cross" logo in 1904, which was then imprinted onto each aspirin tablet, resulting in an iconic product that is still sold by Bayer today.

Bayer expanded their business into other fields due to the adaptability of aniline chemistry, and in 1899 Bayer launched the molecule acetylsalicylic acid under the trademarked name Aspirin. Bayer secured a trademark for the "Bayer Cross" logo in 1904, which was then imprinted onto each aspirin tablet, resulting in an iconic product that is still sold by Bayer today. Other well-known Bayer products that were initially commercialized include heroin, phenobarbital, polyurethanes, and polycarbonates. Bayer, as a healthcare leader, offers innovative solutions to prevent, mitigate, and treat disease. Bayer's agricultural leadership provides farmers with customized solutions to sow, cultivate, and safeguard their harvests while using less land, water, and energy.

Founded: 1863
Headquarters: Leverkusen, North Rhine-Westphalia, Germany
Website: https://www.bayer.com/