SAP has been the world’s largest single provider of ERP systems by market share for many years, leading the on-premise market long before the advent of the cloud. In this new cloud era, SAP has maintained their dominance in the face of overwhelming and disruptive technological change through continuous innovation. The software giant has embraced the explosion of data by designing an in-memory database, SAP HANA, from which applications can quickly access and analyze real-time data, and building their Cloud ERP system SAP S/4 HANA Cloud to exploit the advantages of a cloud platform.
At SAP’s digital core are the business transactions that form the bedrock of the finance function, and the intelligent insights that can be gleaned from the vast stores of data that flow through corporate systems every day. These systems aren’t only finance focused. They include and connect marketing, supply chain, human resources or ecommerce data that provides the operational nuance finance executives need to make informed strategic decisions.
In this innovation showcase we highlight three areas of innovation. We show how SAP transforms ERP by bringing transactions, advanced analytics and planning together into a unified in-memory system for a single source of the truth. Around this digital core, SAP has embedded innovative new technologies that are making finance applications more, “intelligent” and insightful, from machine learning to natural language processing and chatbots, to robotic process automation . These new innovations are designed to make it easier for finance professionals to collaborate across the business in a familiarly social way, ultimately enabling real time interaction and cooperation to run better.
Download the SAP Innovation Showcase following the link below: