Sage Group
The Sage Group plc (LSE: SGE), commonly known as Sage, is a global enterprise software company headquartered in Newcastle-upon-Tyne, United Kingdom.
It is the world's third-largest supplier of enterprise resource planning software (behind Oracle and SAP), the largest supplier to small businesses, and has 6.1 million customers worldwide. It has offices in 23 countries and its products and services are available in more than 160 countries
1981 The Company was founded by David Goldman together with Paul Muller and Graham Wylie to develop estimating and accounting software for small businesses.
A student at Newcastle University, Graham Wylie, took a summer job with an accountancy firm funded by a government small business grant to write software to help their record keeping. This became the basis for Sage Line 50.
Next, hired by David Goldman to write some estimating software for his printing company, Campbell Graphics, Graham used the same accounting software to produce the first version of Sage Accounts. David was so impressed he hired Graham and academic Paul Muller to form Sage, selling their software first to printing companies, but then to a wider market through a network of resellers.
In 1984 the Company launched Sage software, a product for the Amstrad PCW word processor, which used the CP/M operating system. Sage software sales grew in that year from 30 copies a month to over 300.
1989 The Company was first listed on the London Stock Exchange
1994 Paul Walker was appointed Chief Executive.
1998 Sage’s Professional Accountants Division was established.
1999 Sage entered FTSE 100 and launched a dedicated Irish division, based in Dublin as well as its e-business strategy. In that same year the UK acquisition of Tetra saw Sage enter the mid-range business software market
See Also
Sources of Information
- [1] Wikipedia