SAP stands for System Applications and Products in Data Processing. It is a European multinational software company that develops enterprise software to manage business operations and customer relations. SAP is the market leader in ERP (Enterprise Resource Planning) software and helps companies of all sizes and industries run their businesses profitably, adapt continuously, and grow sustainably. SAP solutions can be installed "on premise" at a users location(s) or used from the cloud, helping companies analyze and efficiently design the entire value chain. SAP system consists of a number of fully integrated modules, which covers virtually every aspect of business management. SAP is #1 in the ERP market, with more than 140,000 installations worldwide, over 25 industry-specific business solutions, and more than 75,000 customers in 120 countries.