On July 20, SAP AG, the leading provider of enterprise business software applications, announced its results for the quarter ended June 30, 2000. Despite an 18% decrease of net income, a notable increase of license revenue in all markets worldwide was encouraging.
low maintenance costs sap
in revenues within the following industries: chemical, oil and gas, pharmaceuticals, engineering and construction, aerospace and defense, high-tech, fast-moving consumer goods and retail, utilities, service providers, financial institutions, and public sector. SAP might not be a strong contender in a case of time- and/or budget- constrained ERP implementation with a narrow functionality scope (e.g., shop floor control, HR or financial module only), particularly for enterprises with less than $200 million