SAP in Walldorf: Germany's most valuable company in the focus!

SAP in Walldorf: Germany's most valuable company in the focus!

In Baden-Württemberg there is not only one of the most economical regions in Europe, but also the most valuable company in Germany. This company, which is known for its software products worldwide, has its headquarters in Walldorf, a small town in the Rhein-Neckar district.

Walldorf is the home of SAP, a software company that has made an impressive climb since it was founded in 1972. The founders Dietmar Hopp, Hasso Plattner, Claus Wellenreuther, Klaus Tschira and Hans-Werner Hector laid the foundation for the success with the establishment of the "System analysis program development", which later became known under the abbreviation SAP. Since then, SAP has developed into one of the largest companies in Baden-Württemberg and leads the market in Germany in terms of the stock market value.

market capitalization of 246 billion euros

The market capitalization of SAP is currently around 246 billion euros. This was found on October 7, 2024 when the course was 200.30 euros per share. SAP thus exceeds other large companies such as Siemens, Deutsche Telekom and Airbus. SAP also ranked 61 in the international level in the ranking of the most valuable companies in the world.

SAP is primarily known for its integrated business software that numerous companies use worldwide. In addition, the company has also established itself in areas such as finance and dataweusing in recent years. With more than 24,000 partner companies and over 280 million cloud subscribers, SAP has played an important role in the global software market.

An interesting fact is that the assets of SAP founders Dietmar Hopp and Hasso Plattner are also strongly linked to the success of the company. Both are among the richest people in Germany. Despite his retreat from the operational business, Plattner took the chair of the Supervisory Board until May 2024. The current CEO, Christian Klein, strives for one of our establishment of the company, especially in the areas of artificial intelligence and cloud computing. He demands the highest discipline and commitment from his employees.

additional DAX companies from the region

Baden-Württemberg houses many other successful companies in addition to SAP. Mercedes-Benz, Porsche AG, Daimler Truck and Porsche SE are listed in the DAX. The building materials group Heidelberg Materials also has its place in the DAX. The DAX companies from this region are evidence of the strong economic position of Baden-Württemberg.

This development shows that the region is not only important as a location for large companies, but also as a center of innovation and technological advances. The focus on modern technologies and software solutions can be seen as a key to the ongoing success.

For more information about SAP and the influence of the company on the German and global economy, on the page www.merkur.de