Denken Solutions, Inc. attended the “The SAP Innovation Day” held for SAP Partners on November 20, 2019. This blog will summarize some practical insights delivered in the event to each Line of Businesses (LoB). Intelligent Enterprise (IE) was one of the highlights this year. Mark Labedz, Global Head and Senior Director for S/4 HANA Product Marketing at SAP® addressed 3 key updates in the keynote.
Outline provided by SAP® on latest updates of S/4 HANA:
With SAP S/4 HANA real-time insights, companies can attain their transformation in today’s digital economy with ease.
Taking a look at the SAP’s overarching framework Intelligent Enterprise is crucial to understand S/4 HANA messaging. Here’s a look at its flow chart.
Intelligent enterprise flowchart includes,
Experience (X-Data): The X-Data enables ultimate customer and product experience with its improved ways by combining operations and data from user-experience.
Intelligence Enterprise (IE): IE is now blending Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), and advanced analytics. New applications are developed using these technologies to decode the full power of your data with the SAP HANA in-memory database.
Operations (O-Data): Data, Procurement, Supply Chain, ERP, Finance, HR are all within the scope of Operation portfolio. It represents the intelligent suite which is the foundation of the intelligent enterprise.
In Intelligent Enterprise, Intelligence suite holds experience and operations together. This makes it possible for companies to adapt and stay-on-top of the ever-changing customer demands and markets.
This Intelligent Suite is constituted of 3 key elements.
These 3 elements enable companies to understand, orchestrate and execute across a variety of business domains. Ultimate customer experience is ensured by utilizing Intelligent Enterprise.
SAP’s next-generation Intelligent ERP is providing the means for companies to stand still. It is majorly composed of 3 pillars.
With SAP S/4 HANA real-time insights, companies can attain their transformation in today’s digital economy with ease.