SAP Is One of 'America's Most Admired Companies'

March 10, 2008 || Named by Fortune magazine:

SAP Is One of 'America's Most Admired Companies'

Fortune magazine has once again named SAP AG, the world's leading provider of business software solutions, in the publication's rankings of "America's Most Admired Companies." Placing fifth in the Computer Software category, SAP was cited among world-class companies such as Microsoft and Intuit.

With an overall score of 6.49, SAP achieved especially high ratings in innovation, people management, social responsibility, quality of management and quality of products and services. This is the second time that SAP has been recognized by Fortune: In 2006, the company ranked number three in the Computer Software category.

With more than 46,100 customers in more than 120 countries, SAP provides applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses.

"SAP is extremely proud to be recognized as one of 'America's Most Admired Companies'," said Bill McDermott, president and CEO, SAP Americas and Asia Pacific Japan. "This prestigious ranking confirms that our relentless focus on the customer is resonating in the industry and illustrates the innovation, drive and commitment of SAP employees in every aspect of our business."

Fortune describes its "Most Admired" list as "the definitive report card on corporate reputations." The survey is compiled by the Hay Group, and is based on the Fortune 1000 − the 1,000 largest U.S. companies ranked by revenue, and the top foreign companies operating in the United States. This year, more than 3,700 top managers and analysts representing 622 companies across 65 industries were surveyed for the effort. Participants were asked to rate companies in their respective industries based on eight attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment and quality of products and services.