SAP S/4HANA Cloud – List of Major Industries That Got Disrupted

Earlier, we had discussed SAP HANA for Beginners. Here, we will see what is SAP S/4HANA Cloud and how it works.  Along with this, we will also explore a list of major industries, which are getting disrupted by SAP S/4 HANA Cloud. The SAP S/4HANA Cloud is based on the Software as a Service (SaaS), which is comprehensibly built on the in-memory platform SAP HANA.

What is SAP S/4Hana Cloud?

The SAP S/4HANA Cloud is based on the Software as a Service (SaaS), which is comprehensibly built on the in-memory platform SAP HANA.

SAP introduced this advanced software a couple of years ago in February 2017 with the intention of offering upgraded and smart Enterprise Resource Planning (ERP) solutions, which would support the business enterprises to successfully implement the digital transformation.

SAP S/4HANA Cloud popularity amid the customers, it did not receive an overwhelming response from the target audiences. This was the reason why SAP decided to re-launch it again in 2017 with the aim of targeting the mid-size business enterprises. And guess what, SAP was successful in its strategic attempt.

The numbers escalated to triple-digit figures in 2017 as compared to single digits in mid-2016. This indicated that if you hire SAP S/4HANA cloud expert, your business has the potential to grow further. However, SAP did not reveal the exact number of SAP S/4HANA Cloud after relaunching it two years ago.

Components of SAP S/4HANA Cloud

The SAP S/4HANA Cloud comprises three major technologies that can also be regarded as its pillars. It offers a robust foundation for the ERP solution. This includes-

• Digital Assistant
• Machine Learning
• Predictive Analysis

i. Digital Assistant

The SAP S/4HANA Cloud is using SAP CoPilot, which is a digital assistant helping the customers interact with the ERP solutions. This traditional virtual assistant employs contextual data for the user and their activities offering information related to the tasks.

ii. Machine Learning

The Machine Learning technology of the SAP S/4HANA Cloud is efficient enough to perform the repetitive tasks in an automotive way. It also reduces the error changes committed when doing the tasks manually.

ii. Predictive Analysis

With the help of predictive analysis, the business enterprises can forecast the data based on the strategy and actions. The analytics can also be converted into apps, which will be helpful in predicting inventory management and analyzing the stock and sales.

Top-Notch Industry Getting Disrupted by the SAP S/4HANA Cloud

Now let’s have a peep at some of the top-notch industry categories that can be disrupted if you hire SAP S/4HANA cloud expert:

Top-notch Industry Getting Disrupted by the SAP S/4HANA Cloud

i. The Manufacturing Industry

SAP S/4HANA Cloud has created a major influence in the manufacturing industry. It has helped the manufacturing sector to augment the customer experience without increasing their resource costs.

• SAP S/4HANA Cloud is an intelligent cloud that helps to evaluate the capacity and adjustment, resolving the overload bottlenecks.
• It improves the manufacturing efficiency and managing the buffer stock automatically based on the estimation of daily usage.
• Simplifying the tasks of inventory managers by managing the inventory positioning and view the buffers. It makes easier to analyze relocation and decoupling points.
• Helps to maintain standard quality allowing the quality engineers to keep an eye on the Key Performance Indicators (KPI).

ii. The Services Industry

SAP S/4HANA has been incredibly proved to be a boon for the professional services industry. The service industry is getting benefits from these three areas: the staffing analysis, determine the upper cap limit of the project and real-time actions for the performance of the projects.

• If we talk about staffing analysis, you get a new interface that helps you monitor the resources and filling the requests on time. It would assist the users to review an upcoming project.
• The managers can determine the upper cap limit of a project while having a negotiation with the client.
• The consultants can give an instant reaction in case of a project rejection or to any other notification received. It would help to make any adjustments before the resubmission of the time-sheet.

SAP S/4Hana Cloud – In Service Industry

iii. Governance and Compliance

With the passage of time, data security has become paramount. Therefore, most of the organizations have been critical in safeguarding their sensitive data, preferring to keep it in public clouds. In fact, 74% of the organizations think public cloud is better than a private cloud for data security. Cloud solutions have proved their worth when it comes to governance and compliance.

It has helped a great deal in understanding the local regulatory compliance related to accounting and auditing rules and reporting. In fact, the quarterly releases help organizations to remain up-to-date with the compliance rules.

The data would remain safe in the cloud. With respect to full data security, we can formulate all the legal concerns and conditions. It covers disaster recovery, which means business can continue their operations without risks.

Cloud governance is a comprehensive dashboard tool that provides complete identity and access to the governance helping to improve user productivity. It also curtails the cost of governance and compliance for both the users as well as the business.

According to research, about 92% of the workloads will be processed using the cloud data centers and only the remaining 8% will adopt the traditional data centers.

iv. The Retail Industry

The retail sector is not lacking behind in reaping the benefits of the SAP S/4HANA Cloud technology. The SAP S/4HANA has played a pivotal role in bringing a major transformation in the retail industry and it seems that S/4HANA Cloud is also following the same footsteps.

One of the advantages is lowering the total cost of ownership. As times are racing ahead, businesses have to invest more in the latest software and hardware to streamline their process. Now, this is where the S/4HANA Cloud will be a big rescuing factor for the retailers. It would offer viable solutions to the business where they can go ahead with the project without needing a hefty budget. Moreover, the cost-effective solution will also offer high ROI.

You can also look to save your costs on training and support by freeing the resources. You can activate solutions at s swift pace. It also provides a subscription-based model wherein you don’t to pay upfront costs or indulge in initial investment to manage license and subscription.

Talking from the customer’s point of view, it offers digitalized infrastructure that lowers the cost of ownership and maintenance. You don’t have to allocate much time to managing the infrastructure and resources.

According to the Forrester survey, more than 73% of the retail organizations have agreed that the lower total cost is one of the prime factors that generated interests in moving towards the cloud-based solution.

v. The Healthcare Industry

We already know that the healthcare industry is one of the biggest booming sectors and with the implementation of futuristic technologies such as the Internet of Things, Digital Transformation and blockchain it has transcended to a much higher level.

But with SAP S/4HANA Cloud coming into the picture, this has provided another fuelling impetus where patient healthcare data management and taking apt decisions in cases of emergency, will get further simplified.

• First, it would offer personalized care and attention to the patient, helping to increase the level of experience
• Accurate measurement of all patient health-related metrics including the heartbeat, blood pressure, level of cholesterol etc.
• Empower and manage your workforce efficiently to improve productivity and get familiar with the latest medical treatment techniques.
• Preparing the bill and getting access to the clinical records in real-time without changes in creating errors.

The SAP S/4HANA Cloud- A Game Changer for Industries

The business enterprises and industries are moving forward to the next generation technology with the integration of SAP S/4HANA Cloud software. This has proved to become a driving force that enables the business to deploy flexible crucial data from the onsite campus to cloud structure.

Secondly, it reduces the management related risks and accelerates positive decision making. It has been supportive enough in curtailing the costs with those associated with inventory management and training of the staff.

So, SAP S/4HANA Cloud is an important game changer for a wide range of industries and it’s the right time to think about consulting the SAP S/4HANA Cloud expert.

Summary

Hope, you liked our SAP S/4HANA Cloud tutorial. If you have any doubt, please comment. We are happy to help you!