First announced in February 2015 (followed in May 2015 with the announcement of SAP S/4HANA, Cloud Edition) S/4HANA is a complete ERP system, covering the core, mission-critical business processes across lines of business, such as finance, sales, service, marketing, commerce, procurement and sourcing, manufacturing, supply chain, asset management, research and development, and human resources.
Hence SAP customers have spent years assembling complex systems in a compute constrained world. S/4HANA ends this, and the promise of a digital core holds unbridled and unprecedented opportunity.
Business Benefits of S/4HANA
S/4HANA improvements over prior SAP ERP systems or competing, non-SAP systems include lower TCO, improved user interface, easier maintenance, better integration with other applications (especially cloud apps), faster reporting, real-time analytics, new business processes and business models, deeper customer interaction and improved customer service, and most importantly, simplification, simplification, simplification.
Benefits of shifting from SAP Business Suite to SAP S/4HANA include:
- A savings of 400 working hours for each quarterly closing
- 86% faster reporting
- 26% faster year-end closings with a 61% cost reduction
- 24% revenue growth through new customer acquisition
- 30% increased market share
- 22% reduction in human effort
- 50% production acceleration
- 90% increase in speed of processes
Reasons to be thankful for S/4HANA
A digital core, clear-cut business benefits and massive partner power aren’t enough to convince you of S/4HANA’s value. So here are five additional reasons to be thankful S/4HANA is in your future.
Officially launched in July of this year at SAPPHIRE NOW, SAP Leonardo combines Internet of Things (IoT), machine learning (ML), the blockchain, Big Data in a comprehensive digital innovation system that enables customers to innovate at scale and redefine their business. Hence In September SAP announced SAP S/4HANA 1709, a new release of SAP’s next-generation ERP suite that incorporates SAP Leonardo Machine Learning capabilities and predictive analytics into core business processes to help organizations stay competitive in a rapidly changing business environment. The new applications powered by SAP Leonardo and included in SAP S/4HANA 1709 provide real-time insights and business context while simultaneously freeing resources from repetitive tasks.
S/4HANA continues to be adopted by the most forward thinking global companies. In Q3 2017, approximately 600 additional customers signed up for S/4HANA (of which more than 40% were net new), bringing the total number of S/4HANA customers to more than 6,900, making S/4HANA the fastest-selling product in SAP’s history. Hence In September of this year, SAP announced Daimler AG as the 1,000th customer to go live with SAP S/4HANA, an important milestone for the real-time intelligent ERP suite.
It’s powered by HANA
With business-process speed improvements up to100,000x, SAP on HANA is fast, empowering businesses to run live — to transact, analyze and predict instantly on a single platform at the moment of opportunity. In addition, HANA simplifies IT landscapes by eliminating redundancy-driven server sprawl and, ultimately, the need for multiple, separate business intelligence systems, but that’s just the beginning.
Many core enterprise systems today think of the ERP boom in the ’90 are flirting. With overdue replacement cycles and/or upgrades, extensive and expensive customizations. Rising maintenance costs and, most critically, a lack of flexibility needed to meet today’s changing business demands. It also goes without saying that companies of all sizes and across all industry. That are rapidly migrating core processes to the cloud. Hence available on-premise, in the cloud or as a hybrid deployment S/4 HANA enables. So SAP on-premise customers to begin shifting more IT into the cloud, leverage advances in big-data analytics. And ubiquitous mobility, and step up the pace of innovation throughout their organization.