In 1972 the SAP R/1 solution was launched.[12] Seven years later, in 1979, SAP launched SAP R/2.[12] In 1981, SAP brought a completely re-designed solution to market. With the change from R/2 to R/3 in 1992, SAP followed the trend from mainframe computing to client-server architectures. The development of SAP’s internet strategy with mySAP.com redesigned the concept of business processes (integration via Internet).[4] SAP was awarded Industry Week’s Best Managed Companies in 1999.[13]
Business and markets
SAP is the world's second largest business software company and the third-largest independent software provider in terms of revenues.[14] It operates in three geographic regions – EMEA, which represents Europe, Middle East and Africa; the Americas (SAP America, headquartered in Newtown Square, Pennsylvania), which represents both North America and Latin America; and Asia Pacific Japan (APJ), which represents Japan, Australia, India and parts of Asia. In addition, SAP operates a network of 115 subsidiaries, and has R&D facilities around the globe in
SAP focuses on six industry sectors: process industries, discrete industries, consumer industries, service industries, financial services, and public services.[15] It offers more than 25 industry solution portfolios for large enterprises[16] and more than 550 micro-vertical solutions for midsize companies and small businesses.[17]
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