The SAP SE title is an abbreviation of the full name's first letters - Systeme, Anwendungen und Produkte in der Datenverarbeitung / Systems, Applications, and Products in Data Processing. Since 2005, the name SAP AG has been changed to the abbreviation. The company is engaged in the development of automated control systems designed for processing of such tasks as accounting, sales, manufacturing, finances, human resource management, stock control, etc. The S / 4HANA Cloud solution is a market leader in three categories: medium-sized ERP, large corporate ERP, finances, and accountancy. The number of S / 4HANA clients has already exceeded 7,900. SAP Leonardo consolidates industrial expert investigation, advanced design thinking methodology and innovative technologies such as the Internet of things, Big Data, Machine Learning, blocking and analytics. SAP Leonardo makes it possible to manage groundbreaking technology and establish business processes and business models on a completely new basis. SAP helps their clients with management of both permanent and temporary employees by means of SuccessFactors and Fieldglass solutions. In our days HR departments receive requests for inclusion of external employees in planning processes for a more efficient team management. The SuccessFactors program suit has already been localized for 89 countries and in 42 languages. SAP solutions are applicable for customer engagement and commerce (CEC) in B2C and B2B segments in various industries, including retail, telecom, financing facility, manufacturing, and the public sector. Each SAP solution for business networks is an open global platform that consolidates a large ecosystem of customers, suppliers, partners, and developers with expanding context and innovations. Over 3.1 million companies from over 180 countries cooperate in Ariba network with annual merchandising volume exceeding $ 1 trillion. The Ariba network represents transparency and supply process analytics, which gives the companies confidence in their operations being in accordance with the law as well as corporate ethics. SAP Concur helps about 50 million terminal users to carry out business trips and expenditure management. SAP SE has the largest capitalization in the German stock market (over 120 billion EUR as of mid-2018) and takes about 10% in the DAX index. In 2017, the company's total compiled receipts hit 23.46 billion EUR. The SAP is the most expensive IT company in Europe.
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