The Sage Group plc (LSE: SGE), commonly known as Sage, is a multinational 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. The company is the patron of The Sage Gateshead music venue in Gateshead. Sage is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
1981 to 2000 The Company was founded by David Goldman together with Paul Muller and Graham Wylie in 1981 in Newcastle, to develop estimating and accounting software for small businesse 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 escalated in that year from 30 copies a month to over 300. The Company was first listed on the London Stock Exchange in 1989. In 1994 Paul Walker was appointed Chief Executive. In 1998 Sage’s Professional Accountants Division was established. In 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.
2000 to 2010 The Sage Gateshead music venue, located on the banks of the River Tyne, is named after the company. In 2000 Sage shares were named ‘best performing share of the 90s’ in the UK business press.In 2001 Sage acquired Interact Commerce Inc. and entered the CRM/contact management market and in 2002 Sage won 'Business of The Year' in National Business Awards. Also that year Sage sponsored the new Music Centre in Gateshead for £6m - now known as The Sage Gateshead - the largest ever UK arts/business sponsorship. By 2003 Sage was the only remaining technology stock in the FTSE 100 Index. In 2003 at age 43 Graham Wylie retired with 108.5 million shares in Sage worth £146m. He was rated Britain's 109th richest person in the 2002 Sunday Times' rich list. Tony Hobson joined the Sage board of directors in June, 2004 and became Chairman in May 2007.