S/4HANA: EARLY ADOPTERS, SUCCESSES AND FAILURES

Abstract

In this research project, we will be discussing SAP’s next big ERP Suite which could very well define the future of the company. SAP is betting big on S/4HANA to help establish themselves in an increasingly competitive global market. It is the next-generation business suite designed to facilitate the smooth operations of an organization in a digital, dynamic, interconnected and ever-changing economy. SAP S/4HANA had been designed to leverage in-memory computing to expedite data-intensive processes while ensuring a quality product is delivered to the customer. SAP has developed an ERP solution which integrates and assimilates real-time analytics, real-time applications on a real-time platform. Real-time Analytics enables massive parallel processing with in-memory column storage architecture. The S/4HANA platform offers libraries for text processing, spatial & business analytics, predictive planning which makes it ideal for implementing next generation, real-time applications & analytics. Some of the benefits that could be had from the S/4HANA suite include useable/actionable information from a myriad of data, business with rapid reporting and analysis, reduced Total Cost of Ownership due to diminished requirements for hardware and maintenance.