Quoting from one article I read earlier:
"SAP has vaulted past Siemens AG and Volkswagen AG to become Germany’s most valuable company despite revenue that’s 10 percent of Volkswagen’s and one-fifth that of Siemens. With a market capitalization of $102 billion, SAP is the world’s ninth-most-valuable technology company and the only European in the top 10. SAP’s price-to-earnings ratio, a gauge of how much investors are willing pay for the stock relative to profit, is the highest of the top 10. At 27 times earnings, SAP’s P/E exceeds Google Inc.’s 24.5 and 16.7 for archrival Oracle Corp., according to data compiled by Bloomberg."
SAP from user's perspective, either most hated or loved software. It's incredibly complex, over-engineered and not too user friendly. But it's a necessarily evil from management's perspective. As one analyst described below..
“It’s become like an octopus,” said Heinz Steffen, an analyst with Fairesearch GmbH in Kronberg, Germany. “If you’re trying to make your processes more productive, you’ll have a tough time avoiding SAP.”
And I agree with him.
"SAP has vaulted past Siemens AG and Volkswagen AG to become Germany’s most valuable company despite revenue that’s 10 percent of Volkswagen’s and one-fifth that of Siemens. With a market capitalization of $102 billion, SAP is the world’s ninth-most-valuable technology company and the only European in the top 10. SAP’s price-to-earnings ratio, a gauge of how much investors are willing pay for the stock relative to profit, is the highest of the top 10. At 27 times earnings, SAP’s P/E exceeds Google Inc.’s 24.5 and 16.7 for archrival Oracle Corp., according to data compiled by Bloomberg."
SAP from user's perspective, either most hated or loved software. It's incredibly complex, over-engineered and not too user friendly. But it's a necessarily evil from management's perspective. As one analyst described below..
“It’s become like an octopus,” said Heinz Steffen, an analyst with Fairesearch GmbH in Kronberg, Germany. “If you’re trying to make your processes more productive, you’ll have a tough time avoiding SAP.”
And I agree with him.
