SAP

To end the list the largest companies in the EU, Toplist would like to mention SAP. German software giant SAP SE is headquartered in Walldorf, Baden-Württemberg. 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. The second-biggest German corporation in terms of market capitalization, SAP is the largest non-American software firm by revenue, the third-largest publicly traded software company in the world by revenue.

The products were well received by the market in the beginning. This results in consistent growth and rising sales. Because of its success, the business took the risk to float in 1988. The business was successful in doubling its turnover in the 1990s. This is partially attributable to the release of SAP R/3, which established the framework for current SAP products. After the millenium, SAP took over a number of well-known businesses. Businesses like TechniData, Success Factors, or Concur Technologies are examples of them.

SAP is so well-liked by firms since it offers a comprehensive collection of integrated, cross-functional dealing operations. SAP continuously investigates consumer trends and business unit requirements. It releases updated items with the newest features in response to demand. As a result, multinational corporations of various sizes tend to choose SAP for their operations. Along with rivals Oracle and Microsoft, it dominates Fortune 500 firms' server IT systems. However, it also helps smaller enterprises, as small and medium-sized businesses make up about 80% of its clientele.

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