Monday, 14 May 2012

Tell me more about (the history of) SAP. | SAP-FICO

•    SAP was founded by five former IBM employees, in 1972, to develop a standard business application software, with an idea of processing business information in real time. The company, SAP GmbH, was started at Mannheim, Germany.
•    During 1973, the company brought out the first financial accounting software called, RT with the letter 'R' standing for 'Real-Time Processing'.
•    Close to the end of Seventies, SAP R/2 was rolled out with IBM's database and a dialog-oriented business application.
•    R/2 was further stabilized during the early years of Eighties; and the company came out with the version capable of processing business transactions in multi-language, and multi-currency to meet its international clientele.
•    SAP GmbH became SAP AG in 1988. Later on, the company established subsidiaries in countries like US, Sweden, Denmark and Italy.
•    Nineties saw the introduction of SAP JR/3, with the Client-server architecture and GUI which would run on almost any of the databases, and on most of the operating systems. SAP R/3 heralded a new era in enterprise computing, moving from 'main frame' to 3-tier architecture (Database-> Application -> User interface), and this had become the industry-standard from then on.
•    By 1996, the company had more than 9,000 installations world-wide. By close of Nineties, SAP brought out the e-commerce enabled tnySAP suit of products for leveraging the ever expanding web technology.
•    Twenty first century, for SAP, started with the Enterprise Portaland role-based access to business information.
•    SAP continues to evolve and innovate, bringing cutting edge technologies for business information processing. SAP has already brought in SAP NetWeaver based on Enterprise Services Architecture (ESS) with application integration across diverse platforms for providing a one-stop end-to-end business processing. With NetWeaver, companies can now really integrate people, information and processes.

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