SAP SE's software forms a company's nerve center. Its enterprise resource planning software integrates back-office functions such as analytics, accounting, distribution and human resources, and comes in on-premises and cloud-linked forms. While the sale and servicing of its legacy on-premises offering brings in the majority of the company's revenue, SAP is going all-in on cloud computing and software-as-a-service with its flagship application suite S/4HANA as an alternative to its legacy SAP Business Suite. Besides enterprise software, SAP Concur provides expenses management and SAP Fieldglass provides external workforce management. The company serves more than 440,000 customers in upwards of 25 industries across more than180 countries. Germany is the largest single market accounts for about 15% of total revenue. In 2019, SAP acquired Qualtrics for $7.1 billion, the second largest acquisition after Concur.