SAP, a publicly owned company founded in Germany in 1972, is a software developer. Employing approximately 127,790 people, the company's primary focus is creating enterprise software solutions designed to manage various aspects of business operations and customer relationships.
Stonebranch acquired HONICO Systems, a company specializing in SAP automation, on an unspecified date to create a comprehensive hybrid-ready SAP automation solution. On an unspecified date, SAP SE launched its SAP Sovereign Cloud On-Site solution globally, allowing customers to host SAP's managed cloud infrastructure within their own facilities. This infrastructure uses open-source technology. Separately, Redwood Software announced appointments on July 2, 2025: Billy Newman as Chief Financial Officer, Jason Kehl as Senior Vice President of Engineering, and Sahil Shah as Senior Vice President of Global Alliances and Business Development. A separate news item detailed the career of a former SAP employee, Melgaar, highlighting previous roles at Borland Software and Business Objects before joining SAP. Finally, a market analysis report from June 24, 2025, projected significant growth in the manufacturing crisis management market, forecasting a compound annual growth rate of 8.9% between 2025 and 2032.
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