NEW YORK, Feb. 9, 2017 /PRNewswire/ -- SAP SE (NYSE: SAP)
today introduced the latest advances to SAP S/4HANA® Cloud and
shared its innovation road map for the industry's next-generation,
leading-edge cloud enterprise resource planning (ERP) suite. With a
new architecture of in-memory technology in combination with
contextual analytics, digital assistant capabilities, machine
learning and the award-winning SAP Fiori® user experience, SAP
S/4HANA Cloud enables customers to instantly adjust and adopt
business processes and models and act on real-time insight and
advice. The announcement was made at SAP Capital Markets Day at the
New York Stock Exchange, where SAP executives showcased a
combination of strategy and innovation.
The ERP offering from SAP provides enterprise-ready
functionality for digital business in industry and line-of-business
functions, with faster deployment, time to value and lower entry
costs of cloud delivery. Industry research firm IDC predicts that
the software-as-a-service (SaaS) business applications market will
grow 17 percent annually to $103.9B
in 2020 from $47.4B in 2015.*
"Decades ago, SAP invented and became the leader in
first-generation ERP," said Darren
Roos, president of SAP S/4HANA Cloud. "Later, we were early
to build first-generation cloud ERP along with other new cloud
vendors. While many cloud ERP vendors remain on this early
architecture, SAP did not stop there, and invested in innovating
the next generation of cloud ERP. SAP S/4HANA Cloud encompasses the
latest architecture and technology innovations, along with SAP's
proven set of business management expertise to usher in a true new
generation of intelligent ERP in the cloud."
Intelligent, Immediate, Integrated
Thanks to the SAP
HANA® platform, SAP can help companies to get a real-time view of
their business, with the assurance that SAP is managing their
digital core and offering superior integration with SAP's full
portfolio, including SAP® SuccessFactors® solutions for human
capital management, SAP Ariba® solutions for procurement, SAP
Hybris® solutions for customer engagement and commerce, Concur®
solutions for travel and expense management, and SAP Fieldglass®
solutions for services procurement and external workforce
management.
The latest release of SAP S/4HANA Cloud enables customers to
carry out their digital transformation faster and to make business
processes more efficient through increased transparency, automation
and quality. Different solutions in the cloud ERP suite
include:
- SAP S/4HANA Professional Services Cloud, delivering end-to-end
project management
- SAP S/4HANA Finance Cloud, an easy-to-use modern finance
solution that includes procurement and order management
capabilities, and supports large enterprises and subsidiaries
- SAP S/4HANA Enterprise Management Cloud, combining professional
services and finance capabilities for comprehensive real-time
business management
"As a purpose-driven business with an ambitious strategy, we
realized we needed a best-in-class ERP solution to support our
growth," said Bob Barton, chief
financial officer of MOD Pizza, the pioneer of the "fast casual"
pizza segment with over 200 locations and over 4,000 MOD Squaders
system-wide. Named America's fastest-growing chain restaurant by
research and consulting firm Technomic, MOD Pizza had 220 percent
growth in 2015. "MOD prides itself on its commitment to employees
and customers, and SAP S/4HANA Cloud gives us a stable, scalable
platform to help us manage our business and our people cohesively,
with real-time access to reliable, actionable information."
Road Map for Innovation
SAP also outlined the road map
for future cloud ERP innovation. The quarterly updates planned by
SAP include setup wizards that will grow increasingly intelligent
with machine learning and artificial intelligence; prepopulated,
easy-to-adjust settings; and additional cloud-to-cloud integration
and external application programming interfaces (APIs) to integrate
with other applications and legacy systems. In addition, SAP
detailed plans for including blockchain digital ledger capabilities
and Internet of Things capabilities that will support broader
global, digital business models, as well as plans for partners to
build localization and industry vertical extensions.
For more information on SAP S/4HANA Cloud, see here.
For more SAP news, visit the SAP News Center. Follow SAP on
Twitter at @sapnews and join the dialog at the hashtags #S/4HANA
#CapitalMarketsDay.
* IDC, Worldwide and Regional Public IT Cloud Services
Forecast, 2016-2020, Doc # US40739016, Dec. 2016.
About SAP
As market leader in enterprise application
software, SAP (NYSE: SAP) helps companies of all sizes and
industries run better. From back office to the boardroom, warehouse
to the storefront, desktop to a mobile device – SAP software
empowers people and organizations to work together more efficiently
and use business insight more effectively to stay ahead of the
competition. SAP applications and services enable more than 345,000
business and public sector customers to operate profitably, adapt
continuously, and grow sustainably. For more information,
visit www.sap.com.
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