Business in Brief

Founded in 1972, SAP is the world leader in enterprise applications in terms of software and software-related service revenue. Based on market capitalization, we are the world’s third largest independent software manufacturer. We have more than 183,000 customers in over 120 countries. The SAP Group includes subsidiaries in every major country and employs more than 54,000 people. Newly acquired Sybase operates as an independent business unit.

SAP markets and distributes its products and services primarily through a worldwide network of local subsidiaries, which are licensed to distribute SAP products to customers in defined territories. Under their license agreements, the subsidiaries pass on to the licensor a certain percentage of the revenue generated by distributing the products. Distributorship agreements are in place with independent resellers in some countries.

For a complete list of subsidiaries, associates, and other equity investments, see the Notes to the Consolidated Financial Statements section, Note (35).

Our management reporting breaks our activities down into four segments: Product, Consulting, Training, and Sybase. For more information about our segments, see the Notes to the Consolidated Financial Statements section, Note (29).

SAP is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP."

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