SAP SE is a German multinational software company based in Walldorf, Baden-Württemberg, Germany. The company is the world's largest vendor of enterprise resource planning software, and the most valuable company in Europe. SAP GbR became in 1981 fully Systeme, Anwendungen und Produkte in der Datenverarbeitung abbreviated SAP GmbH after a five-year transition period beginning in 1976. In 2005, it further restructured itself as SAP AG. Since 7 July 2014, its corporate structure is that of a pan-European societas Europaea; 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. SAP is a component of the DAX and Euro Stoxx 50 stock market indices. The company is the largest non-American software company by revenue and the world's fifth-largest publicly traded software company by revenue. As of December 2023, SAP is the largest German company by market capitalization. Wikipedia