SAP S/4HANA Cloud deepens vendor's cloud offerings

SAP is intent on delivering S/4HANA ERP in the cloud and will infuse it with machine learning and artificial intelligence. The company debuted the "next-generation intelligent" SAP S/4HANA Cloud at its Capital Markets Day event held at the New York Stock Exchange on Feb. 9. SAP S/4HANA Cloud is designed for enterprises of more than 1,500 employees and meets the increasing need for ERP delivered in the cloud, Sven Denecken, SAP's senior vice president of product marketing for S/4HANA, said after the event. SAP S/4HANA Cloud enables customers to meet their digital transformation needs and provides a platform to act on insights in real time, he said. "The benefits of having real-time data accessible from an in-memory platform has been there for a while, but we see the market shifting more and accepting cloud more in certain industries and in certain regions," Denecken said. "The consumption model of the cloud and the benefits of the cloud are now combining with this modern suite."