In a definition by Techopedia, it states that SAP HANA is an application that uses in-memory database technology that allows the processing of massive amounts of real-time data in a short time. The in-memory computing engine allows HANA to process data stored in RAM as opposed to reading it from a disk. This allows the application to provide instantaneous results from customer transactions and data analyses. That definition alone can already tell us what help it can give us, but we are going to give you more of it later.
Whether you are an SME or a large enterprise looking for a SAP HANA partner, you can consider Hitachi ICT Solutions Singapore. They have a long history and have valuable industry knowledge, so they will be a good asset to your company. You should check out their website here: http://www.hitachi.com.sg/ict-solutions/solutions/business-application/sap-practice/sap-hana/
To start, Kehinde Eseyin will give us five key business benefits of SAP’s S/4HANA. Let us read below.
The 5 Key Business Benefits of SAP’s S/4HANA
SAP S/4HANA is proving to be SAP’s most successful ERP system. SAP’s involvement with ERP solutions dates back to 1979 when SAP R/2 was launched. In 1992, SAP R/3 was introduced and we have continued to see improvements as the product has evolved from SAP ERP in 2004 to SAP S/4HANA in 2015. The launch of this 4th generation SAP ERP solution is timely, as it has coincided with new technologies and concepts that are driving global business operations, such as cloud services and mobile computing.
For green field implementation, organisations are being forced to choose between the conventional SAP ERP solutions or the more modern S/4HANA. For users running the SAP Business Suite, it is a decision of whether to stick with the status quo or migrate to S/4HANA. Irrespective of the group to which your organisation belongs it is imperative to make the decision based on objective and tangible business benefits. There are 5 key business benefits of S/4HANA which should be considered when deciding which ERP system is the best fit for your business: Read more here.
There are five benefits given above and these involve performance, agility, simplicity, reduced total cost of ownership, and innovation. Speaking of performance, it was said mentioned above that it allows you to experience better performance as it relates to complex and time driven business activities. Now for more benefits of SAP S/4HANA, let us read the article by Proceed Group below.
WHAT ARE THE KEY BENEFITS OF SAP S/4HANA?
SAP’s vision and strategy is to help customers run simply, driving the perfect enterprise.
SAP S/4HANA redefines how enterprise software creates value in a digital, networked economy.
SAP S/4HANA allows you to: Read more here.
One benefit given above is that business users can leverage a simple, role-based user experience based on modern design principles that minimise training and increases productivity. So it means that it is time-efficient. If you want additional benefits, Hasso Plattner will share you some in his article below.
The Benefits of the Business Suite on HANA
It is amazing to me how little the benefits of the Suite on HANA are understood or even known in general and by the members of the Americas’ SAP Users’ Group specifically. The sERP system with reincorporated components like CRM, SRM and SCM is in my mind a bigger step forward than the introduction of R/3 22 years ago. Why is it so difficult to communicate the benefits? Let me try to find an explanation and reiterate the long list of benefits.
First, the HANA database is attacking the established leaders in the database market: Oracle, Microsoft, IBM and Teradata. That is a pretty bold move and a lot of people might fear to bet on the newcomer. The fact that all of them are following SAP with in-memory database features themselves should give you comfort and verify that SAP HANA points in the right direction.
Second, speed doesn’t seem to be a value in itself but this is not true. No customer of a SAP ERP, CRM, SCM, etc system would accept if performance degrades after a maintenance cycle by as little as 10%. So, an increase of a factor two in OLTP and a factor 10 to 100 in OLAP shouldn’t be more than welcome?!? Speed is the number one reason for business processes to be supported by information technology. Just to name a few: Read more here.
Speed is one of the benefits of HANA. As mentioned earlier, speed is the number one reason for business processes to be supported by information technology. So if you are a company, a business, or an organization that is after speed, then HANA is the right one for you. We have already provided you with some of the benefits of SAP HANA that it can provide for your business. You can decide whether it is suitable for you or not.