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SAP Certification Exams
First of all, let’s get know-how SAP is defined as. Actually, it is the acronym of systems, applications, and products. Basically, this software itself was developed by the largest software companies in the world founded in 1972. Like any other ERP (Enterprise resource planning) system, SAP has different modules designed to streamline business processes within any department at your company. The company’s launched its official name SAP (AG) in 2005.
(The conversion of the company's legal form would take place upon entry in the commercial register, expected to be in July 2014).
The main idea of this company was to not overcome only the abilities of their workers but also to utilize their ideas to promote in business.
The SAP contains some major modules which are listed below:
These modules are considered the backbone of this company. And also these factors are responsible for the growth of any multinational company. Also, these modules could be offered to be purchased meeting according to the requirement of any business needs and it would be hard-pressed to find that does not fit those needs. The SAP can easily manage practicality in all departments of any organization and also can take part in revolutionizing the way your business is operated.
Basically, SAP is a German multinational software company which is based in Walldorf. The main work of this company is to deal with business operations and customer relations. It is considered the world’s this largest revenue-generating company by working as a publicly-traded software company. In a survey report, it is to be known that SAP is a component of the Euro Stoxx 50stock market index. Furthermore, SAP AG is also an independent software supplier worldwide and also a producer for the business utilities (applications) for the client-server software market.
The foundation of SAP happened when Xerox exited the computer hardware manufacturing industry in 1971 and it asked IBM to migrate its business systems to IBM technology. After that IBM was given the rights to the Scientific Data Systems (SDS)/SAPE software and was reportedly for a contract credit of $70,000. Five IBM engineers decided to leave IBM to teach and they decided to start a private software company. In 1973, their first commercial product was launched.
SAP finally ended its first financial accounting system - RF. Their system was helping as the cornerstone in the ongoing development of other software modules that eventually bear the name SAP (R/1). The main theme of this software was to work as a solo system for multiple tasks. This permitted the use of centralized data storage, improving the maintenance of data. For this, the database was necessary it.
In 1979, SAP launched SAP R/2, expanding the capabilities of the system, such as material management and production planning. As there was no improvement in R/2 so the company released SAP R/3 in 1992. Architectural changes were also made by the time and the SAP ERP version 6.0 was released in 2006 and this version was the latest SAP ERP till 2016.
Now SAP is working on cloud-based products, and since 2012 it had acquired several companies that were selling cloud-based products and this was an attempt to challenge competitor Oracle and in 2014, IBM and SAP become partners to sell cloud-based services. And as time passed on, SAP also partnered with HPE in 2015 for providing a secure hybrid cloud service which was running by the SAP platform, and after that SAP announced its SAP HANA cloud service on top.
SAP has also announced an additional partnership with Microsoft in the upcoming time. In 2016, the company planned to invest heavily in technology related to internet things. And for this purpose, 2 billion euro were said to be invested by the end of 2020. The company is also planning to launch SAP (IoT) in upcoming years which will be named S/4 HANA.