SAP iXp Intern (f/m/d) - Corporate Business Development

We help the world run better

At SAP, we keep it simple: you bring your best to us, and we'll bring out the best in you. We're builders touching over 20 industries and 80% of global commerce, and we need your unique talents to help shape what's next. The work is challenging - but it matters. You'll find a place where you can be yourself, prioritize your wellbeing, and truly belong. What's in it for you? Constant learning, skill growth, great benefits, and a team that wants you to grow and succeed.

About the Team

Location: Palo Alto, California, USA Expected Start Date: June 15, 2026

SAP Corporate Business Development operates at the strategic crossroads of innovation and growth, positioned in the heart of Silicon Valley. Our team identifies, cultivates, and accelerates strategic partnerships, alliances, mergers and acquisitions, strategic investments, and business opportunities that extend SAP's reach and reinforce its position as a global leader in enterprise software.

We work closely with SAP's business units, product teams, and executive leadership to unlock new revenue streams, forge transformative partnerships, execute strategic transactions, and bring cutting-edge solutions to market faster.

What You'll Do

As a Corporate Business Development Intern, you'll be immersed in the fast-paced world of strategic partnerships, M&A, and strategic investments at the epicenter of global technology innovation. Working alongside seasoned corporate business development professionals, you'll contribute to initiatives that shape how SAP grows, partners, and invests across the broader tech ecosystem.

Your Key Responsibilities:

· Market & Ecosystem Research: Explore high-growth technology sectors central to SAP's strategy, including Artificial Intelligence, Cloud & AI Platforms, Data & Analytics, Supply Chain, and Sustainability, to identify potential partners, acquisition targets, and investment opportunities

· Market Landscape Analysis: Map competitive and complementary ecosystems, evaluate potential partnership and acquisition targets, and develop strategic recommendations for engagement

· Opportunity Assessment: Analyze business cases for prospective partnerships, acquisitions, and investments, including market sizing, strategic fit, financial considerations, and value creation potential

· Industry & Competitive Intelligence: Track market trends, competitor M&A activity, partnership announcements, and ecosystem developments to inform strategic decision-making

· Knowledge Base Management: Maintain and enhance databases of partner profiles, acquisition targets, investment pipeline, relationship histories, and strategic opportunity tracking

· M&A & Partnership Activity Reporting: Monitor and report on M&A transactions, investment rounds, and partnership trends in the global enterprise software market

· Strategic Project Support: Contribute to presentations, deal materials, analyses, and cross-functional initiatives as directed by the Corporate Business Development team

Who You Are

You're a driven, curious, and collaborative student who is energized by the intersection of technology, strategy, and business growth. You thrive in dynamic environments, embrace ambiguity, and are excited to contribute to meaningful work that shapes SAP's partnership, M&A, and investment strategies.

Qualifications:

· Currently enrolled in a Bachelor's or Master's program at an accredited university (Business, Finance, Strategy, Economics, Technology Management, or related field preferred)

· Strong entrepreneurial mindset with a passion for technology, innovation, and the startup ecosystem

· Self-motivated learner who takes initiative and thrives with minimal supervision

· Excellent written and verbal communication skills with the ability to synthesize complex information into clear, actionable insights

· Demonstrated ability to manage competing priorities, meet deadlines, and deliver quality work in fast-moving environments

· Strong analytical and research skills with meticulous attention to detail

· Genuine interest in M&A, strategic investments, partnerships, and the enterprise technology landscape

· Authorization to work in the United States (SAP does not sponsor visas for intern positions)

Bring out your best

SAP innovations help more than four hundred thousand customers worldwide work together more efficiently and use business insight more effectively. Originally known for leadership in enterprise resource planning (ERP) software, SAP has evolved to become a market leader in end-to-end business application software and related services for database, analytics, intelligent technologies, and experience management. As a cloud company with two hundred million users and more than one hundred thousand employees worldwide, we are purpose-driven and future-focused, with a highly collaborative team ethic and commitment to personal development. Whether connecting global industries, people, or platforms, we help ensure every challenge gets the solution it deserves. At SAP, you can bring out your best.

We win with inclusion

SAP's culture of inclusion, focus on health and well-being, and flexible working models help ensure that everyone - regardless of background - feels included and can run at their best. At SAP, we believe we are made stronger by the unique capabilities and qualities that each person brings to our company, and we invest in our employees to inspire confidence and help everyone realize their full potential. We ultimately believe in unleashing all talent and creating a better world.

SAP is committed to the values of Equal Employment Opportunity and provides accessibility accommodations to applicants with physical and/or mental disabilities. If you are interested in applying for employment with SAP and are in need of accommodation or special assistance to navigate our website or to complete your application, please send an e-mail with your request to Recruiting Operations Team: [email protected].

For SAP employees: Only permanent roles are eligible for the SAP Employee Referral Program ( and\ hiring/employee_referral/region/0000/lang/en) , according to the eligibility rules set in the SAP Referral Policy. Specific conditions may apply for roles in Vocational Training.

Qualified applicants will receive consideration for employment without regard to their age, race, religion, national origin, ethnicity, age, gender (including pregnancy, childbirth, et al), sexual orientation, gender identity or expression, protected veteran status, or disability.

Compensation Range Transparency : SAP believes the value of pay transparency contributes towards an honest and supportive culture and is a significant step toward demonstrating SAP's commitment to pay equity. SAP provides the annualized compensation range inclusive of base salary and variable incentive target for the career level applicable to the posted role. The targeted combined range for this position is 0 - 0(USD) USD. The actual amount to be offered to the successful candidate will be within that range, dependent upon the key aspects of each case which may include education, skills, experience, scope of the role, location, etc. as determined through the selection process. Any SAP variable incentive includes a targeted dollar amount and any actual payout amount is dependent on company and personal performance. Please reference this link for a summary of SAP benefits and eligibility requirements: SAP North America Benefits ( .

AI Usage in the Recruitment Process

For information on the responsible use of AI in our recruitment process, please refer to our Guidelines for Ethical Usage of AI in the Recruiting Process ( usage\ of\ AI\ in\ the\ recruiting\ process/?locale=en\ US) .

Please note that any violation of these guidelines may result in disqualification from the hiring process.

Requisition ID: 449034 | Work Area: Administration | Expected Travel: 0 - 10% | Career Status: Student | Employment Type: Limited Full Time | Additional Locations: #LI-Hybrid