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SAP provides enterprise software that runs the core operations of many companies, including finance, logistics, and human resources. It offers a centralized ERP system that connects different parts of a business so data can be shared in real time. SAP’s products work by delivering integrated modules on a common data model, now increasingly delivered via cloud platforms like S/4HANA, with capabilities enhanced by AI and analytics. What sets SAP apart is its long-standing position as the global standard in ERP, a broad, integrated product suite, and a move from on-premises to the cloud through acquisitions like SuccessFactors, Ariba, and Concur to cover human capital, procurement, and travel/expense management. SAP’s goal is to power the operational core of the global economy by providing scalable, real-time, cloud-based software that helps businesses run efficiently and make better decisions.
Industries
Data & Analytics
Enterprise Software
Company Size
10,001+
Company Stage
IPO
Headquarters
Walldorf, Germany
Founded
1972
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Total Funding
$8.5B
Above
Industry Average
Funded Over
3 Rounds
Flexible Work Hours
Remote Work Options
SAP shares rose approximately 4.8% to $221.93 on Thursday following strong results from Salesforce, which restored confidence in the software sector. The German enterprise-software company reported second-quarter cloud revenue of €6.28 billion, up 24% at constant currencies, whilst current cloud backlog reached €22.93 billion, expanding 26%. Management maintained its 2026 cloud revenue target of €25.8 billion to €26.2 billion despite reducing profit outlook after acquisitions. SAP's share price trades 15.67% below its estimated value of $263.18. The market rally suggests generative AI may strengthen established software platforms rather than disrupt them. However, SAP must convert backlog into revenue and ensure acquisitions deliver returns to capitalise on the valuation opportunity.
SAP shares dropped roughly 4% to $210.16 on Wednesday after UBS downgraded the stock from buy to neutral, despite raising its price target from €164 to €201. UBS identified only 17 AI agents ready for broad use, with fewer than 20 more in development or deployment. The bank also expects constant-currency cloud-backlog growth to decline from 26% in June to approximately 24% by year-end. SAP's second-quarter results showed €22.9 billion in current cloud backlog, 24% constant-currency cloud-revenue growth and €3 billion in free cash flow. At $210.16, SAP trades 19.72% below its $261.80 fair value estimate, but the company faces pressure to convert AI promises into deployed products before cloud momentum weakens further.
United TranzActions (UTA) has announced that UTA Pay is certified by SAP as integrated with cloud solutions from SAP. The integration gives organisations real-time, ERP-native access to UTA's payment capabilities through the SAP Digital Payments add-on. UTA Pay provides SAP customers with credit card and ACH payment acceptance, including compliant surcharging capabilities, reporting automation, and tools to reduce PCI compliance exposure. The integration aims to simplify payment workflows and provide greater visibility into payment activity. SAP Integration and Certification Centre certified that UTA Pay integrates with SAP S/4HANA via the SAP integration scenario FIN-DP 1.0. UTA is a payment solutions provider based in Miramar, Florida, offering payment guarantee, ACH processing, credit card acceptance, and accounts receivable automation solutions.
Accu-Time Systems has made its TimeCom solution available on SAP Store, the online marketplace for SAP and partner offerings. TimeCom integrates with SAP SuccessFactors Time Tracking, delivering verified, near real-time time punches from purpose-built time clocks to customers. The solution is designed for organisations with hourly, shift-based, or multi-site workforces in sectors such as manufacturing, healthcare, distribution, retail, and food service. Key features include verified identity at the point of punch using biometric or badge verification, near real-time delivery to time sheets, and offline punch protection that automatically recovers data recorded during network outages. TimeCom works with ATS stride80 time clocks, which support facial recognition, palm vein scanning, fingerprint, proximity card, badge, and PIN identification methods.
SAP appointed Ellian Teo as managing director for Malaysia on 4 August. She will lead strategy, operations, and customer success, reporting to Liher Urbizu, president of SAP Southeast Asia. Teo succeeds Vipin Chandran, who relocated to Singapore. Teo brings over 20 years of enterprise technology experience across financial services, telecommunications, manufacturing, and government sectors. She joined SAP after spending more than a decade at Microsoft. In her new role, Teo will help Malaysian businesses leverage cloud, data, and AI innovation as they digitise operations. SAP maintains a Kuala Lumpur office and recently highlighted Malaysian customer Baba Products for its cloud enterprise resource planning work.
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Industries
Data & Analytics
Enterprise Software
Company Size
10,001+
Company Stage
IPO
Headquarters
Walldorf, Germany
Founded
1972
Find jobs on Simplify and start your career today