SAP in the context of "Big business"

⭐ In the context of big business, the term 'enterprise' is often used to describe activities involving which type of client?

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⭐ Core Definition: SAP

SAP SE (/ˌɛs.ˈp/; German pronunciation: [ɛsʔaːˈpeː] ) is a German multinational software company based in Walldorf, Baden-Württemberg, Germany. It is the world's largest vendor of enterprise resource planning (ERP) software.

SAP GbR became, in 1981, fully Systeme, Anwendungen und Produkte in der Datenverarbeitung (Systems, Applications and Products in Data Processing), abbreviated SAP GmbH after a five-year transition period beginning in 1976. In the late 1980s, it further restructured itself as SAP AG. Since 7 July 2014, its corporate structure is that of a pan-European societas Europaea (SE); as such, its former German corporate identity is now a subsidiary, SAP Deutschland SE & Co. KG. It has regional offices in 180 countries and over 111,961 employees.

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👉 SAP in the context of Big business

Big business involves large-scale corporate-controlled financial or business activities. As a term, it describes activities that run from "huge transactions" to the more general "doing big things". In corporate jargon, the concept is commonly known as enterprise, or activities involving enterprise customers.

The concept first rose in a symbolic sense after 1880 in connection with the combination movement that began in American business at that time. Some examples of American corporations that fall into the category of "big business" as of 2015 are ExxonMobil, Walmart, Google, Microsoft, Apple, General Electric, General Motors, JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, and Goldman Sachs; in the United States, big businesses in general are sometimes collectively pejoratively called "corporate America". The largest German corporations as of 2012 included Daimler AG, Deutsche Telekom, Siemens, and Deutsche Bank. SAP is Germany's largest software company. Among the largest companies in the United Kingdom as of 2012 are HSBC, Barclays, WPP plc, and BP. The latter half of the 19th century saw more technological advances and corporate growth in additional sectors, such as petroleum, machinery, chemicals, and electrical equipment (see Second Industrial Revolution).

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SAP in the context of Stanford Research Park

Stanford Research Park (SRP) is a technology park established in 1951 as a joint initiative between Stanford University and the City of Palo Alto. It was the world's first university research park. It has more than 150 companies, including Rivian, HP, Tesla, SAP and Broadcom; previous high-profile tenants include Steve Jobs's NeXT Computer, Xerox PARC, and Facebook. It has been called "an engine for Silicon Valley" and "the epicenter of Silicon Valley".

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