SAP launched the newest release of its S/4HANA cloud-based ERP product suite

SAP unveiled the newest advances to its cloud ERP suite, SAP S/4HANA, featuring new in-memory technology, machine learning, contextual analytics, digital assistant and Fiori (applications). The launch comes as SAP tries to compete with Oracle and Salesforce who recently added AI and machine learning to their applications.
The product suite offers three versions:
• a Professional Services Cloud focused on project management,
• a Finance Cloud including procurement and order management capabilities, and
• a Enterprise Management Cloud for “comprehensive real-time business management”.

The offering is hosted in SAP data centers and in the future the company plans to support other public cloud providers like Microsoft Azure, Amazon Web Services, and others.
SAP plans to focus more on machine learning, AI and plans to include blockchain and IoT capabilities in the near future.

February, 17
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