A new business suite specially built for SAP HANA was announced on 3rd February 2015. SAP S/4HANA stands for SAP Business Suite 4 SAP HANA. It is the largest innovation in the world of business today. SAP S/4HANA is also called the Gen-Next business suite.
It offers amazing and massive simplifications in various areas of business including customer adoption, user experience, business process, etc to let your business run smoothly and simple in this digital economy.
Wonderful benefits of Moving to SAP S/4HANA Offered to Customers
The main strategy behind developing this advanced technology is to let customers run simple and conveniently in digital economy. This innovation has redefined the enterprise software. It is designed to create the most user-friendly interaction of the system with the people using it.
It gives exclusive opportunities for the businesses to drive new profits and revenues and reinvent business models. With the help of this technology, enterprises can easily connect to devices, business networks, and people to provide valuable services to their customers on any kind of channel.
Moreover, it enhances the efficiency of every business processes by simplifying it and switching them in real time. No further batch processing is needed to get the task done. Business users can now easily get the insight of the entire business from anywhere and at anytime. It allows faster decision-making, planning, and execution.
Business Scope of its Editions
The target behind releasing this business suite is to provide optimum choice to the customers according to their business requirements and functions. So, the following are the two basic editions. Let’s have a look.
- SAP S/4HANA, on-premise edition
This edition provides business scope that is almost similar in terms of functionality, coverage, languages, and industries as the latest SAP Business suite. Additionally, it offers the transformation simplifications released with SAP Simple Finance as well.
This edition is intended to provide the update on the yearly basis. The upcoming delivery is planned for end of 2015.
- SAP S/4HANA, cloud edition
This edition covers the particular business scenarios for marketing business lines, and it is also used in the services industry. In addition, it almost covers the most important aspects to run the entire business enterprise in cloud along with a digital core.
It mostly includes accounting, controlling, finance, manufacturing, sales, procurement, product lifecycle management, project system, plant maintenance, etc. The three offerings that are recently available as the important part of SAP S/4HANA, cloud edition are cloud marketing edition, cloud project services edition, and cloud enterprise edition.
SAP S4 Hana solution provides OLTP (high-volume transaction processing) and OLAP (high-volume real-time analytical processes) that is based on unified data model without any need of the redundant data layers that are required by conventional database systems. This decreases TCO while offering new opportunities to enhance business value.
The massive simplification of data processing layers and the data model allows the technological innovations and business on a wide scale across all of the major industry solutions and lines-of-business. This architecture also greatly simplifies the overall system landscape architecture and increases cloud deployments on financial scale.
To conclude, this advanced business suite is designed to assist you to run simple in a networked and digital world. So, take immense benefits of this advanced technology by implementing it for your business right away!