Introduction
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SAP is a company that offers ERP solutions to integrate business functions across industries onto a single system. SAP focuses on innovation in cloud, mobile, analytics, applications, and databases. It seeks to meet customer expectations of instant access, instant value, beautiful user experiences on any device, and lower IT costs. SAP's technology focuses on sustainability, total cost of ownership simplification, reliability, and expanding from transactional to engagement systems. New ideas include leveraging big data in real time, enriching information, running business suites on SAP HANA, reducing maintenance complexity, and increasing engaging user experiences.
Introduction
- 1. Introduction: SAP stands for Systems, Applications and Products in Data Processing. Whereas SAP is a name of a company which offers ERP solution for various industries to integrate information from various functions of that industry under one system. SAP in a Nut shell – Flatter (Larger markets), Faster with unpredictable acceleration, Power to the consumer and everything can be recorded (Big Data). Current Market in SAP: SAP seeks to secure the growth of the company primarily through organic innovation of portfolio product and solutions, focusing on market-leading innovation in five market categories like: a) Cloud - A portfolio of cloud-based solutions designed to work the way people do: collaborative, mobile, and insightful. b) Mobile - SAP Mobility Platform is a mobile enterprise application platform that enables enterprise developers to simply and quickly build applications that connect business data to mobile workers on any device, at any time. c) Analytics - Business analytics solutions that give you real-time access to relevant information –processing vast amounts of data instantly so that you have the facts you need for informed decisions. d) Application - SAP Net Weaver is one foundation for Business Applications for SAP, Partners, and Customers to build and run business applications On-Demand (Analytics and information management platform) and On-Premise (Business process platform). e) Database - The SAP Real-time Data Platform is a flexible deployment environment for managing OLTP (Online Transaction Processing), analytical and big data usage types, in-memory and on-disk, on-premise and in the Cloud. The time is now for an in – memory database for transactions. Customer Expectation: a) Instant access - Business consumers expect instant access to business information, wherever they need it. b) Instant Value - Business consumers expect out-of-the-box business value without need for significant customization. c) Beautiful Product experience - Business consumers expect the same usability with enterprise apps that they get in consumer apps. d) Lower IT cost and sustainable growth SAP’s Technology Innovations and solutions: a) Green – help to reduce IT energy consumption, minimize e – waste and foster dematerialization b) TCO – stands for simplification and overall execution excellence c) Reliability – ensure end to end business process availability and management d) Expanding from “Systems of Record” to “Systems of engagement” New Idea’s: • Real time with big data • Information enrichment • SAP Business suite on SAP HANA • Harmonising the system to reduce the complexity of maintenance • Systems of engagement need many more applications from partners and customers • To increase the beautiful product experience by altering GUI • Attracting and retaining new customers