SAP SE is engaged in providing enterprise applications. The Company markets and distributes its products, solutions, and services primarily through a worldwide network of local subsidiaries, which are licensed to distribute SAP offerings to customers in defined territories. The Company’s activities are broken down into two divisions: On-Premise and Cloud. The Company’s On-Premise division is composed of two operating segments, On-Premise Products and On-Premise Services. The Company’s Cloud division is also composed of two operating segments: Cloud Applications and Ariba. The Company’s portfolio of solutions includes Asset management, corporate strategy and sustainability, Finance, Human resources, Information technology, Manufacturing, Marketing, Procurement, research and development (R&D) and engineering, Sales, Service and Supply chain management. As of December 31, 2013, the Company controlled directly or indirectly 272 subsidiaries.