SAP HISTORY

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SAP HISTORY



SAP began in Germany in the early 1970’s as a project undertaken by five former IBM employees. They founded an enterprise, naming it System Analysis and Program Development, which they later changed to Systems, Applications, and Products in Data Processing. Now, SAP is the most recognized ERP product in the world. The following essential elements formed the fundamental basis of the SAP concept. Real-Time Processing, which is an action that immediately affects enterprise-wide business processes. Standard Software Market product, which is a standard version of SAP software that is customizable during implementation. Integration, which is when data integration exists for the business processes of an enterprise. Among the earliest versions of SAP was SAP R/1, which was a financial accounting system. The R in R/1 referred to real-time. In the early 1980’s, SAP R/2 appeared as a mainframe business application. Later, SAP R/3 emerged in 1992 as the client server version of the software. The most recent version of SAP is SAP ECC, which stands for ERP Central Component, Version 6. 

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