SAP is a contraction for "System Application & Products" whose role is to create a centralized database for all probable applications within a firm. SAP has been developed with such an flexibility way that it competently handles and effectively coordinates all functional departments. It needs to be eminent that today major firms including Microsoft and IBM are using SAP products to run their own businesses.
SAP products are usually directed on Enterprise Resource Planning (ERP) and its applications are built around R/3 system which provides the expertise to manage product process, cost accounting, assets, materials and personnel. The R/3 system of SAP runs on greater part of platforms including windows 2000 and it uses the client/server model.
SAP NetWeaver is the majority recent technology introduced into the market by SAP. SAP products are principally aimed at large organizations which mainly comprises of Fortune 500 companies and is arguably the number one choice for ERP system worldwide. SAP has software solution enterprise called SAP Business One (SAP B1) and SAP all in one which are primarily created for small and midsized firms. SAP products are used by more than thousands of customers worldwide and in more than 120 countries and the numbers are constantly increasing.
As the world's foremost provider of business software, SAP has been delivering products and services that help step up business innovation for business people. The exceptional growth of SAP is due to their technology of improvement, co-innovation with customers and partners. Regardless of firm and growing competition from, Baan ,Oracle, JD Edwards and more recently from Microsoft, SAP has managed to hold on to its market share and be the market leader. SAP ERP solutions provide a dependable means to integrate all these information systems thereby enhancing process efficiency and operational productivity. The diverse advantage of SAP solutions is that they are up-gradable and can also be modified according to the evolving business requirements of any business house.
At present SAP solutions have become almost crucial for international businesses as almost half of the world's Fortune1000 companies have implemented ERP solutions from SAP. This recommended enterprise resource planning software opportunely automates the entire transactions of an enterprise. Presently SAP has the expertise to put into practice ERP solutions in more than twenty-five different industry verticals.
SAP has a growing demand in the emerging markets and several small and medium enterprises have realized that implementing SAP not only helps manage day to day operations competently but it also sharpens business insight by providing real time access to timely information. SAP R/3 solutions is able of running on several databases Oracle, , Informix, ADABAS, DB2/400, Microsoft SQL Server 6.0. With its most recent offering my SAP, the company intends to get a strong hold grip in the enterprise software market. Its expectations business strategy is to introduce existing ERP customers to mySAP. mySAP has aided the company obtain substantial market share through e- business applications like mySAP Product Lifecycle Management ,mySAP Supply Chain Management and mySAP Customer Relationship Management.
During recent times, the continuing demand for persons skilled in SAP technologies is growing at a rapid pace the compensation for SAP persons is rising particularly for those with skills centered on SAP's latest NetWeaver platform.
A distinction should however be made between SAP employees and the SAP consultants who work with the merchant's partners. "As a result of the strong requirement and market uptake for SAP solutions, there is an equivalent increased demand for IT consultants with SAP skills. We are dynamically working with our partners to build the pipeline to meet this demand," - a SAP spokesperson said.