SAP unveils next-generation, intelligent ERP

SAP today introduced the latest advances to SAP S/4HANA Cloud and shared its road map for the industry's next-generation, leading-edge cloud ERP suite. With a new architecture of in-memory technology in combination with contextual analytics, digital assistant capabilities, machine learning and the award-winning SAP Fiori user experience, SAP S/4HANA Cloud enables customers to instantly adjust and adopt business processes and models and act on real-time insight and advice. The announcement was made at SAP Capital Markets Day at the New York Stock Exchange, where SAP executives showcased a combination of strategy and innovation. The ERP offering from SAP provides enterprise-ready functionality for digital business in industry and line-of-business functions, with faster deployment, time to value and lower entry costs of cloud delivery. Industry research firm IDC predicts that the software-as-a-service (SaaS) business applications market will grow 17 percent annually to $103.9B in 2020 from $47.4B in 2015.*