SAP chose the SAP Capital Markets Day at the New York Stock Exchange as the forum to share its innovation roadmap for SAP S/4HANA Cloud, as well as new advances to the platform.
The latest release of the cloud platform includes a new architecture of in-memory technology combined with “contextual analytics, digital assistant capabilities and machine learning”.
It also features access to solutions such as S/4HANA Professional Services Cloud, delivering end-to-end project management; S/4HANA Finance Cloud, a modern finance solution including procurement and order management capabilities; and S/4HANA Enterprise Management Cloud, which combines professional services and finance capabilities for real-time business management.
At the event, SAP outlined a range of future innovations to be delivered in its quarterly updates to the S/4HANA Cloud platform, including setup wizards driven by machine learning and artificial intelligence; prepopulated adjustable settings; and additional cloud-to-cloud integration and external application programming interfaces (APIs) to integrate with other applications and legacy systems.
SAP has also detailed plans to include blockchain digital ledger and Internet of Things (IoT) capabilities to support broader global digital business models, as well as plans for partners to build localisation and industry vertical extensions.
Darren Roos, president of SAP S/4HANA Cloud, said the enhancements represent a move beyond first-generation cloud ERP.
“While many cloud ERP vendors remain on this early architecture, SAP did not stop there, and invested in innovating the next generation of cloud ERP. SAP S/4HANA Cloud encompasses the latest architecture and technology innovations, along with SAP’s proven set of business management expertise to usher in a true new generation of intelligent ERP in the cloud.”