You may know the S/4 Hana, or simply S/4 is SAP’s latest suite of business applications built on the SAP HANA in-memory database platform. Originally called Business Suite 4 SAP HANA, it was later shortened to just S/4HANA to avoid confusing it with the older Business Suite 4 SAP application suite that uses the ABAP programming language and runs on more traditional databases such as SQL and Oracle.
Benefits of Transitioning from Legacy Systems with S/4 Hana
The Benefits of S/4 Hana, Legacy systems are a drain on your company. They can bog down everything you do and slow you down so much that it’s hard to even function properly. With Legacy Systems, there is always some kind of problem or another slowing you down and making things difficult to execute. Everything takes more time, people have trouble doing their jobs, and there’s less transparency than ever before in your business. S/4 Hana eliminates legacy systems by replacing them with real-time information from SAP Cloud Platform built into SAP S/4HANA for and for ABAP; ABAP is a programming language that has been around since 1987 meaning its age does not reflect how stable it is.
ERP systems aren’t exactly known for being easy to use. They’re typically built to be complex so that you can perform as many business tasks as possible with them. But there’s such a thing as overkill, and legacy systems are it. The good news is that SAP S/4 Hana removes all of those complexities so it’s easier than ever to do your job, no matter what your role in your company is. If you have experience using ERP systems or not, SAP S/4HANA makes it easy for anyone to get up and running quickly. You just need a browser and an internet connection which is all you need anyway these days when doing business remotely.
What is the Difference Between S 4 and HANA?
SAP HANA is a hardware, software, and services in-memory platform built for business. SAP S/4HANA is our new ERP suite for enterprise resource planning. It brings together our core products, including Business Suite and NetWeaver, with innovations from SAP cloud applications such as Concur, Ariba, Fieldglass, and SuccessFactors. Together they help you run your core business processes from planning to manufacturing to financials in real-time.
Just as SAP Business Suite powered by NetWeaver runs on a relational database, so too does SAP S/4HANA. The difference is that instead of storing data in table structures, it stores data in a columnar format in its engine, which increases transaction processing speeds and reduces latency. The product has already undergone one generation SAP Business Suite powered by S/4 Hana is currently available and you can expect a second generation to arrive soon based on technology from Ariba and Concur. You can learn more about SAP S/4HANA here
SAP S/4HANA powered by SAP HANA is a complete solution for managing your business, including accounting, warehouse management, production planning and execution, finance and controlling, service management, customer relations management, and much more. Here are some screenshots Here is a chart showing how S/4 Hana relates to other solutions. It’s not just part of SAP’s Business Suite. It combines all related SAP cloud applications. It is much more than an upgrade to Business Suite!
What Are The Major Releases in S 4 Hana?
SAP S/4 Hana is now in its 10th generation. The name is new and better reflects that SAP S/4HANA is more than a single ERP application, but a fully integrated business suite, which consists of all major SAP applications. Each SAP SAP IBP component runs on top of a common platform called Lighthouse. This platform allows to perform transactions and analyze business data in real-time. Moreover, unlike previous generations of SAP Business Suite, every component can run either on-premise or in the cloud as a service. The following table summarizes all releases
SAP launched SAP S/4HANA Finance for FI in October 2016. Since then, SAP has added three new components to SAP S/4HANA ECC 6.0 in January 2017, Procurement and Warehouse Management. In May 2018, SAP will introduce a new component to SAP S/4HANA called Trade. Finally, in August 2018, sales and distribution will be introduced as a first-class citizen of SAP S/4HANA Financials rather than as an add-on feature. Sales and Distribution are expected to continue through 2021 with two releases per year.
Finally, SAP S/4HANA allows you to create tailor-made applications and business processes. In August 2018, SAP will extend SAP S/4 Hana by building on its Integration and Connectivity Services. ICS provides an integration platform between sap transportation management different systems of organizations as well as for external partners and customers. Moreover, it is also a platform for innovation it can be extended with emerging technologies like blockchain and augmented reality or data science. This allows companies to tackle new challenges with existing technologies in a cost-efficient way.