History of SAP
A German multinational software company developed an Enterprise Resource Planning (ERP) and data management programs named SAP and is the acronym for Systems, Applications and Products. SAP was established in 1972 by five entrepreneurs in Germany. SAP is headquartered in Walldorf, Baden-Württemberg in Germany with regional offices in 180 countries.
This application is helping companies doing businesses and since last 47 years of successful implementation and used by 437,000 customers across the globe and growing.
Dietmar Hopp Sinsheim is a German who is one of the founder of SAP SE then SAP AG in 1972 with other former IBM employees Hans Werner Hector, Klaus Tschira, Claus Wellenreuther and Hasso Plattner.
He kept about 10% of the company’s shares after leaving the board. He spent 70% of his wealth to a charitable foundation who is now supporting sports, medicine, education and social programs.
Hasso Plattner is the co-founder of SAP SE software company. He received a number of honors for his commitment and devotion to economics and science.
On 21 January 2004, at a ceremony at the Hasso Plattner Institute celebrating the 60th birthday of its founder, German Chancellor Gerhard Schröder made the following comments on Plattner’s achievements: “We need more Hasso Plattners and more SAPs in order to get Germany moving again economically.”
Claus Wallenreuther is a Geerman entrepreneur and co-founder of software company SAP SE.
He then joined his former IBM colleagues Hasso Plattner, Dietmar Hopp, Hans-Werner Hector and Klaus Tschira to found the software company Systeme, Anwendungen und Produkte in der Datenverarbeitung in Weinheim, which would later become the SAP AG. Wellenreuther was primarily responsible for the architecture and the concept of the SAP R/2 financial accountancy module.
Klaus Tschira was the entrepreneur who is also the co-founder of SAP AG in 1972 in Mannheim, Germany together with Hans-Werner Hector, Dietmar Hopp, Hasso Plattner and Claus Wellenreuther.
He established The Klaus Tschira Foundation (KTF) as a non-profit organization in 1995 whose objective is to support projects in natural and computer sciences as well as mathematics. Due to his commitment to the objective was honored in 1999 with the “Deutcher Stifferpreis” by the German National Academic Foundation.
Hans-Werner Hector is a German graduate mathematician , entrepreneur and next to Hasso Plattner , Claus Wellenreuther , Dietmar Hopp and Klaus Tschira one of the founders of the software company SAP in Walldorf .
In the mid-1990s he left the operative business. In 1996 he sold a large part of his SAP shares. The proceeds made him one with estimated assets of 1.6 billion euros to one of the richest people in Germany.
In 2007, he was awarded the dignity of Honorary Senator by the University of Karlsruhe. On March 6, 2016 Hector and his wife received the honorary prize of the Kurpfälzische Kammerorchester due to their commitment.