October 30, 2017 | Written by: Matt Schwartz
Categorized: SAP S/4HANA
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Attack of the acronyms! SAP, HANA, ERP, IoT and what they mean for your business
We are all too familiar with the alphabet soup of the new digital age — IoT, ERP, RPA, SAP, SRM, TLA (Three Letter Acronym!) and this soup is giving us all heartburn. What do all of these mean? Which ones do you need to know? And if you know what they stand for, do you know what they mean for your business?
Let’s not forget the four letter acronyms, either. Initials like TOTB (think outside the box), BEER (not the brew, but instead behavior, effect, expectation, results), ABAP (Advanced Business Application Programming), GDPR (General Data Protection Regulation) are literal. It’s not that important to know what each acronym is short for, but to understand the solutions behind them. What do these terms mean for your organization and how do they solve your organization’s issues? Let’s focus on one of the hottest acronyms in the Fortune 1000 today — SAP’s S/4 “HANA”. You know it by name, but might not know what it stands for (High-Performance Analytic Appliance, JIC you are curious).
What is HANA?
In functional terms, HANA is a real-time enterprise resource management suite for digital business that’s built on the advanced in-memory platform, SAP HANA.
If you are an SAP ERP user, you need to know what it means for your business. Your ERP Central Component (ECC) systems may still be operable but tremendous technological advances are changing the world around you. One thing is certain: change is inevitable and comes with a learning curve. It can be daunting to think of taking on all of the new technologies available, but you know you need to take advantage of the ones that solve real problems. Because it’s within these new technologies that things can get done like never before.
Where do you begin?
How do you even start so you can get the most bang for your buck? Using today’s disruptive technologies like IoT (Internet of Things) and RPA (Robotic Process Automation) help create new opportunities for operational efficiencies, new business processes and revenue streams. And by transitioning to the SAP HANA platform, you can realize savings associated with your software, hardware and labor costs — not only can you change your IT infrastructure, you’ll end up changing your entire org structure.
Got your attention?
When dealing with radical changes, you have to wrap your head around where to start. You need to figure out the right way to do it, without disrupting your business. IBM understands digital transformation — we understand the acronyms and can be the antacid for your heartburn. So, when you are looking to make the move from SAP ECC to SAP S/4HANA, IBM has the tool to help you understand the impact — we call it our HANA Impact Assessment.
The IBM HANA Impact Assessment
It’s important that you understand the impact of moving to S/4HANA, and the HANA Impact Assessment helps identify what’s required and what the benefits are. Easy to run, the assessment quickly identifies the impact, effort, cost, savings and benefits that are associated with the move. It’s completed within a few weeks and helps organizations make an educated decision on where to focus their resources as they build out their business case.
Our HANA Impact Assessment looks not just at the move from ECC to S/4, but also at our industry impact solutions. In these evaluations, we’ve taken into account hundreds of industry best practices, layered on top of S/4 and coupled them with SAP’s model company’s best practices to help give you accelerated time-to-value. We also look at the impact of cognitive, IoT, RPA, analytics and mobile on your deployment and combine this with IBM Institute for Business Value (IBV) market benchmarking information. This information helps create a comprehensive business case and roadmap to help justify the move to S/4.
“IBM’s HANA Impact Assessment tool is a great way to start your journey to SAP S/4HANA. This market-leading tool helps SAP customers rapidly identify opportunities to get, and stay ahead of the value curve. It’s clear today that companies cannot rely on yesterday’s technology to meet today’s business needs.”
Senior Vice President and General Manager of SAP S/4HANA
If you have questions about how and where to begin, don’t beat your head against the wall — reach out to IBM and let us run the HANA Impact Assessment. We’ll help you understand your journey to SAP S/4HANA.