SAP SE ADR SAP

SAP SE is a software solutions expert based in Walldorf, Germany. It provides enterprise application software, analyses, and business intelligence to clients across the globe. Founded in 1972, the company has a worldwide presence in more than 180 countries and boasts more than 100 innovation and development centres. SAP promotes equality, diversity, and cross-cultural cooperation. It also promotes sustainability and a balance between economies, progress, and the environment, as well as supporting the UN’s sustainability goals.

This publicly-listed company trades on the NYSE using the ticker SAP. As of January 2021, the company had more than 200 million subscribers on its cloud user base. SAP anticipates that the global digitalisation of economies and businesses will create a greater demand for cloud-based services. The company have suggested that their performance in 2020 demonstrated resilience in cloud-based operations.

SAP drives its operations through four segments: Applications, Technology & Services, SAP Business Network, and Customer Experience. The company’s software solutions offer detailed analyses of live data, data warehouse solutions, and workforce management. These solutions are used in several industries, including energy and natural resources, engineering and construction, and the travel sector.

List this instrument on your eToro watchlist now to track any SAP share price movements.