When you first get to know ERP systems, you have a lot to learn. Some ERPs are designed exclusively for medium and large businesses, while others are best suited for small businesses. ERPs also run on computer software, cloud software, or both. Sometimes it is not easy to assess the company’s needs and determine which solution is best in a given case.
Usually, in the ratings of ERP systems, you can find products from Oracle, Microsoft, IFS, Epicor, and others. However, our article is dedicated to the most popular and one of the oldest products on the market – the SAP ERP system and its latest version, S/4HANA.
What is the S/4HANA system, and why will it be in tremendous demand shortly? Find answers to these and some other questions below.
What is SAP S/4HANA?
SAP S/4HANA is the latest ERP system from SAP’s ERP software product line. The software is based on the innovative SAP Hana database technology and was launched as the fourth product generation in 2015. Users can choose between the SAP S/4HANA Cloud and the On-Premise solution. The “S” in S4 Hana stands for “simple,” while the “4” refers to the generation sequence.
SAP S/4HANA is the latest ERP system from SAP’s ERP software product line. The software is based on the innovative SAP Hana database technology and was launched as the fourth product generation in 2015. Users can choose between the SAP S/4HANA Cloud and the On-Premise solution. The “S” in S4 Hana stands for “simple,” while the “4” refers to the generation sequence.
As the successor to the core product SAP ECC, SAP S/4HANA was presented as the intelligent ERP system of the new generation. Thanks to modern technologies, the Software as Service (SaaS) version is designed to help companies standardize processes and make the leap to digitalization.
What are the advantages of SAP S/4HANA?
Improved interface: the new Fiori interface concept offers a simplified and personalized user experience. Users have faster access to critical information and receive support for decision-making and notification. The new design also allows you to use applications on mobile devices.
Increased performance: SAP Hana’s in-memory database allows users to access their data in real-time. Instead of being stored on a hard drive, data is stored collectively in the main memory.
More flexibility: SAP S/4HANA is available in various forms and payment models. In the case of a transformation, customers can choose the local version, the hybrid model, or the cloud version, which is based on the subscription model.
Is SAP S/4HANA a good career decision?
Compared to the SAP core product SAP ECC, SAP S/4HANA offers many innovative functions that revolutionize the system landscape from the ground up. As SAP plans to discontinue the mainstream maintenance of its existing ERP solutions by 2027, many SAP ECC users are already considering a S/4HANA transformation.
According to an ASUG study, 32% of SAP customers use SAP S/4HANA or are in the process of implementing it. More than half (56%) plan to move in the future, and about 35% of customers say they plan to do so in by the end of 2022.
Thus, it is expected that there will be a massive demand for SAP S/4HANA experts in the future. An infinite number of clients and a good salary package – this is what awaits professionals who will choose this module.
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