Enterprise application software provider SAP has announced the general availability of SAP S/4HANA Cloud 1705, which it says will allow businesses to automate processes, resulting in greater efficiency.
The release marks general availability for SAP Co-Pilot, a business digital assistant that is aware of business context and was announced on the second day of SAPPHIRE NOW, the company's annual conference.
Additionally, embedded machine learning capabilities afford predictive analytics for increased end-user efficiency, automatic invoice matching and more.
SAP S/4HANA Cloud is the company's ERP software-as-a-service solution with contextual analytics, digital assistant capabilities, machine learning and the SAP Fiori user experience.
{loadposition sam08}Other updates include:
- Acceleration of finance capabilities for large enterprises including statutory financial consolidation, SAP S/4HANA Cloud for Finance for credit integration and SAP digital payments add-on integration;
- Release of processes for manufacturing, providing transparency over financial impact, inventory management and supplier management, enabling demand-driven manufacturing;
- The SAP Project Companion mobile app, which facilitates collaboration in day-to-day actions and offers quick insights through push notifications; and
- Additional integrations to third-party systems, including creating sales orders for sales force automation.
SAP shareholders Rob Enslin, Bernd Leukert, Stefan Ries, Adaire Fox-Martin, Hasso Plattner, Bill McDermott, Jennifer Morgan, Michael Kleinemeier, and Luka Mucic at the SAP annual general meeting of shareholders at the SAP Arena, in Mannheim, Germany.
The company also announced new features across its entire analytics portfolio to provide better insights into cloud and hybrid deployments and also new capabilities for the expanded SAP Leonardo digital innovation system.
The SAP Analytics Cloud (formerly SAP BusinessObjects Cloud) solution update is planned to be available this month.
SAP Digital Boardroom will have support for Microsoft Surface Hub to simplify collaborative decision-making, and new SAP and partner offerings to provide tailored capabilities for select industries and user groups within organisations.
Apart from this, SAP Ariba and IBM will join hands to deliver applications that digitise procurement. SAP Leonardo and IBM Watson will be used to drive an intelligent source-to-settle process.
The applications aim to bring insights from unstructured data together with predictive insights from procurement data from SAP Ariba solutions.